At BMW, the sales slump was led by a drop of 29.8 percent in China across BMW and Mini vehicles to 147,691. The rest of Asia didn't fare much better, with total sales in the region dropping 24.1 percent to 205,987. That puts sales in the continent down 10.7 percent for the year.

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,

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

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.

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

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

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