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CHINA MARKET HARD GOING FOR BMW AND MERCEDES IN THIRD QUARTER
- NEWS Desk Global
- Oct 10, 2023
- 1 min read
German high-end carmakers Mercedes-Benz (MBGn.DE) and BMW (BMWG.DE)saw their sales in China dip in the third quarter, the two companies said on Tuesday, with Mercedes hit by supply chain issues and model changes.
Mercedes-Benz's supply issues affected its global sales, which fell 4% year-on-year in July-September, although the company said it was still on track to meet its full-year guidance for flat sales growth.
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