VW, BMW Sales Slide as China Slowdown Deepens
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- Volkswagen Group delivered 4.1 million vehicles in the first half of the year per its own release, even as Motor1 reports the company is "in trouble again."
- BMW saw Q2 deliveries slide with China sales dropping nearly a third, according to Reuters, while the WSJ frames both BMW and Volkswagen as hurt by a deepening Chinese market slowdown.
Why it matters: Two of Germany's flagship automakers are losing ground in China simultaneously — BMW's China sales fell nearly a third in Q2 — exposing how exposed European mass-market and premium brands remain to the world's largest auto market's slowdown, with no offsetting domestic demand cushion reported.
