Mercedes-Benz Group AG is currently facing challenges due to a decline in sales and profits, which highlights the difficulties even high-end automotive companies are experiencing.

The perception of "Made in China" is being reshaped by the emergence of manufacturers like BYD Co., who are positioning themselves as luxury brands in the electric vehicle sector.

These Chinese automakers have not only made significant progress in their domestic market but are also expanding their influence into Europe, directly competing with well-established brands such as Mercedes and BMW AG.

This trend indicates a growing need for traditional luxury automotive manufacturers to adapt to a rapidly changing landscape dominated by innovative competitors.