Sales of BMW, Porsche, Volkswagen and Mercedes-Benz collapsed in China

11:01 - 21.10.2024


October 21, Fineko/abc.az. In the 3rd quarter of 2024, demand for BMW reduced by 30%. Sales of Porsche fell by 19%, Volkswagen by 15%, Mercedes-Benz by 13%.

ABC.AZ informs that at the same time, the segments in which German cars are represented are by no means lowered in volume. Local buyers prefer more technologically advanced and cheaper domestic models.

Before the pandemic, German automakers occupied 25% of the Chinese market. Now the indicator has fallen to 15% and continues to decline.