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 ...
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, ...
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Mercedes’ EV sales down by almost a third in Q3
Mercedes-Benz recorded a 31 per cent drop in battery-electric passenger car sales in the third quarter of this year. The van ...
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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 ...
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Mercedes Also Hit By Weak Sales, China Competition, Faltering EVs
Mercedes is the latest German auto giant to cut its profit forecast, flailing against a weakening European market, more competition in China, and struggling sales of electric vehicles. German ...
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 ...
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 ...