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The dealers are absolutely right to be unconcerned. Chinese brands lack the heritage and brand prestige that justify luxury pricing. No amount of technology compensates for that intangible value proposition. Customers buying luxury SUVs aren't just buying transportation—they're buying status and ...

The smartphone comparison is flawed. Cars are more expensive, longer purchase cycles, and brand loyalty runs deeper. Plus resale markets are fragmented. A smartphone replacement is two years; an SUV is six to eight years.