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.

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

BMW and Mercedes sold fewer cars in the third quarter than in the same period last year. Sales of e-cars are developing differently.

Sluggish demand and intensifying competition in China have continued to put pressure on the automotive sector, with German luxury automakers BMW (BMW.DE) and Mercedes-Benz (MBG.DE) reporting declining sales in the region during the third quarter.

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.

Volkswagen: 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. The decline was particularly sharp for Porsche’s electric Taycan model,

Weak demand and stiff competition in China dampened third-quarter sales at BMW and Mercedes, the German luxury automakers said Thursday. The German

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.

German luxury carmaker Porsche reported disappointing figures on Friday as weak demand in China and the renewal of several popular models hit sales. Total deliveries in the first nine months of the year were 226,

Strong EV sales performance couldn’t prevent BMW’s overall delivery count falling, and China sales are down 30 percent in Q3