Stock Market News

BMW Q3 sales fall 13%, weighed by China, delivery stops

10/10/2024

Less than a minute

2024.10.10 03:06

GDANSK (Reuters) – BMW (ETR:) sales fell in the third quarter, weighed down by weak performance in China and delivery stops due to problems with the integrated braking system (IBS), the German premium carmaker said on Thursday.

© Reuters. The BMW XM EV car is displayed at the 44th Bangkok International Motor Show in Bangkok, Thailand, March 23, 2023. REUTERS/Athit Perawongmetha/File Photo

Group sales dropped by 13% in July-September to 540,882 units, while in China they fell by 29.8% to 147,691 units.

Sales of fully battery-electric vehicles (BEV) grew by 10.1% to 103,440 units.

10/10/2024

Less than a minute

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