BMW Lost A Quarter Of Its China Sales In Q3, And MINI Is The Only Group Brand Still Up For The Year
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Developments in the Chinese market were the overriding theme in BMW's third-quarter financial results. Management is reassured that the car giant is following the general market development and that there is progress in Europe and the US.
BMW and Volvo Cars reported this Wednesday, 4, that they had worse results in the third quarter compared to the same period last year. The profit of the German assembler fell by about 15% between July and September, and the Swedish manufacturer registered a 16% decrease in sales. The two companies cited the lowest demand in China, the world's largest automotive market. In the quarter, BMW's net profit was €1.45 billion (R$8.9 billion), and reven…
BMW Lost A Quarter Of Its China Sales In Q3, And MINI Is The Only Group Brand Still Up For The Year
The BMW Group delivered 551,075 cars in the third quarter of 2026, down 6.3 percent from 588,140 a year earlier, and BMW blames China for the drop. Its sales there fell by a quarter, roughly... First published by https://www.bmwblog.com
MUNICH. The China business, stronger competition and price struggle are causing problems for the German car manufacturer.
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