VW, Porsche China Sales Slide
VW, Porsche China Sales Slide as Market Turns to Local EVs
Volkswagen AG’s China sales slid 15% in the third quarter as Germany’s biggest carmaker continued to lose ground in key markets in the shift to electric vehicles.Intensifying competition and weaker spending in China dragged VW’s luxury sports-car brand Porsche AG to its lowest third-quarter sales in a decade.
China Sales Are Evidence of Tesla Recovery
Investors were disappointed by third-quarter sales at Tesla. However, the EV giant’s sales in China were impressive in September.
Volkswagen, Porsche face declining sales and competition in China's EV market
Volkswagen AG sales in China fell 15 per cent in the third quarter as the biggest carmaker in Germany continued to lose ground in key markets with the shift to electric vehicles.
GM China’s EV, Hybrid Sales Top Gasoline Cars for First Time
General Motors Co. sold more electric vehicles and plug-in hybrids than conventional gasoline cars in China for the first time last quarter, though the milestone comes as total deliveries continue to fall.
Porsche's nine-month China sales plunge by third
German sports car maker Porsche on Friday posted a 29% nine-month sales drop in China, joining peers BMW and Mercedes in reporting weaker results in the country.
Luxury car maker Porsche sees sales crash in China as competition heats up
German automaker Porsche has experienced dropping sales as competition in China continues to rise, with demand for some of its key electric models falling as well. View on euronews
BMW, Mercedes China Sales Slump as Slowing Market Turns to EVs
BMW AG and Mercedes-Benz Group AG’s quarterly sales plunged in China as German automakers suffer from weak consumer demand and a rapid shift to electric vehicles from local rivals.
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
China’s September Auto Sales Reverse Five-Month Declines, EVs Surge Ahead
China’s passenger-vehicle sales rose in September, reversing five months of declines thanks to supportive government policies ...
Samaa12h
China car sales snap five-month decline on subsidy boost
China's vehicle sales rose 4.3% in September, led by a surge in electric vehicles. Government subsidies and Tesla's strong ...
China's BYD expects to swiftly lift sales in Germany, executive tells FAS
Chinese electric carmaker BYD expects to boost sales in Germany within six months, executive vice president Stella Li said in ...
中国日报网8h
China's new energy passenger car sales surge in September
BEIJING - China's new energy passenger vehicle market continued to see robust growth in September, with retail sales reaching ...
China’s Home Sales Jump During Holiday as Cities Offer Perks
China’s latest steps to revive the housing market have had an immediate impact, judging from reports of brisk sales and buyer ...
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 ...
GM posts year-over-year sales decline in China amid restructuring
For the first time, sales of GM's new energy vehicles, or NEVs, surpassed sales of internal combustion engine vehicles in ...