BMW, Mercedes China Sales Slump
BMW and Mercedes quarterly sales drop on weak China
Sluggish demand and stiff competition in China hit third quarter sales at BMW and Mercedes , the German luxury automakers said on Thursday.
BMW, Mercedes China Sales Slump as Slowing Market Turns to EVs
Benz Group AG saw car sales slump in China in the third quarter as weak consumer sentiment in their biggest market weighed on luxury spending.Deliveries of BMW and Mini-branded cars fell 30%, the steepest drop in more than four years.
BMW and Mercedes see sales dip
German automakers Mercedes and BMW are the latest brands to share their quarterly sales figures for the three months to the end of September 2024 and things aren’t looking good. Both companies posted a drop in sales,
BMW Q3 sales fall 13%, weighed by China, delivery stops
BMW sales fell in the third quarter, weighed down by weak performance in China and delivery stops due to problems with the integrated braking system (IBS), the German premium carmaker said on Thursday.
BMW’s EV Sales Up 23% While Mercedes EVs Slide 31%, But China Is A Sales Disaster
Strong EV sales performance couldn’t prevent BMW’s overall delivery count falling, and China sales are down 30 percent in Q3
Germany's BMW, Mercedes record poor sales amid weak Chinese demand
German carmakers BMW and Mercedes-Benz reported disappointing third-quarter figures on Thursday as weak demand in China hit sales. BMW sales fell by 13% to around 541,000 cars, the company said in the southern city of Munich.
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