They bet big on China and now China is gently reminding them that they overstayed there.BMW and other German manufacturers getting desperate for money! The EU allowed in the China cars, now they are paying the price. Just like the EU letting in millions of foreign invaders, they've LOST.
According to what I found, they are going into survival mode in China because to quit now would be to admit that billions of investment there was a mistake.
What does this mean for the Western markets? They need to find more ways to force people to pay more.