BMW Q3 deliveries drop 6.3 percent on China slump
BMW reported a 6.3 percent decline in global vehicle deliveries for the third quarter, driven by a sharp drop in sales across China. Intensifying local competition impacted results, though demand in the US and Europe showed modest growth.
Xurve View
Insights:
Xurve View
BAYERISCHE MOTOREN WERKE AG reported a 6.3% decline in global vehicle deliveries during the third quarter, driven by a sharp contraction in China. The luxury automaker joins other Germany carmakers facing intensifying competition in key Asian markets.
