Business & Finance
Mercedes China Dealer’s Dollar Bond Slumps, Trades Like Junk
Key Points
One of China’s largest Mercedes-Benz Group AG dealerships is grappling with soaring bond yields in a warning sign for the sector, as the country’s sluggish economy makes consumers think twice about splashing out on new cars.
One of China’s largest Mercedes-Benz Group AG dealerships is grappling with soaring bond yields in a warning sign for the sector, as the country’s sluggish economy makes consumers think twice about splashing out on new cars.