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BMW and Mercedes-Benz sales plunge in China as luxury car slowdown worsens

Summary by Hindustan Times
BMW and Mercedes-Benz saw car sales slump in China in the third quarter as weak consumer sentiment in their biggest market weighed on luxury spending

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BMW and Mercedes-Benz sales plunge in China as luxury car slowdown worsens

BMW and Mercedes-Benz saw car sales slump in China in the third quarter as weak consumer sentiment in their biggest market weighed on luxury spending

·New Delhi, India
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market-news24.commarket-news24.com

Luxury Car Sales Decline for BMW and Mercedes-Benz in China - Market-News24

BMW and Mercedes-Benz reported a decline in car sales in China during the third quarter. Weak consumer sentiment in the country is impacting luxury spending, affecting both automakers' performances in their largest market.

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market-news24.com broke the news on Thursday, October 10, 2024.
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