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BMW, Mercedes China Sales Slump

Bloomberg on MSN · 1d

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.

Reuters on MSN · 1d

BMW and Mercedes quarterly sales drop on weak China

By Andrey Sychev and Miranda Murray BERLIN (Reuters) -Sluggish demand and stiff competition in China hit third quarter sales at BMW and Mercedes, the German luxury automakers said on Thursday. The German car sector is facing multiple challenges,

BMW and Mercedes-Benz See Profits Melt Away in China

BMW and Mercedes-Benz have seen their sales and profits drop significantly in China since the beginning of the year.

1d

BMW, Mercedes China sales plunge as luxury slowdown worsens

The developments, along with slowing growth for electric vehicles in Europe, have contributed to profit warnings from both ...

2d

Mercedes-Benz Cars Sales Dips in Q3 on Weaker Demand

BERLIN (Reuters) - Mercedes-Benz saw a slight drop in cars sales in the third quarter as weaker demand, particularly in Asia, ...

VW, Porsche China sales skid as market turns to local EVs

Volkswagen: Intensifying competition and weaker spending in China dragged VW’s luxury sports-car brand Porsche AG to its ...

1d

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 ...

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