Luxury brands, including Lexus and Mercedes-Benz, are facing severe depreciation issues tracked by Kelley Blue Book.
1 report, 1 independent
Updated Jul 19
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What happened
Luxury brands, including Lexus and Mercedes-Benz, are facing severe depreciation issues tracked by Kelley Blue Book.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Kelley Blue Book is tracking the depreciation of the BMW 7 Series.Sub-event
Luxury brands are experiencing severe value loss due to market factors, as tracked by KBB.1 source
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The entities involved
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Lexus
Japanese brand of luxury vehicle owned by Toyota Motor Corporation
- The BYD Denza D9 is positioned in the market, placed under MG M9 and over Lexus LM, ahead of its Indian debut.
- Mazda is facing intense competitive pressure from luxury brands like BMW, Mercedes-Benz, and Lexus, forcing the company to adapt its engine strategy to meet market demands like emissions and fuel costs.
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Mercedes-Benz Group
German automotive manufacturer
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Kelley Blue Book
an Irvine, California-based vehicle valuation and automotive research company