Benz Cars decreased by 1% to 503,600 units. Electric van sales also declined by 31% to 4,400 units. Contrasting fortunes: While Mercedes-Benz struggled, competitor BMW saw growth in the EV sector: BMW Group’s BEV sales increased by 10.

BERLIN (Reuters) - Mercedes-Benz saw a slight drop in cars sales in the third quarter as weaker demand, particularly in Asia, outweighed improved product availability, the carmaker said on Thursday.

The developments, along with slowing growth for electric vehicles in Europe, have contributed to profit warnings from both BMW and Mercedes.

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

Strong EV sales performance couldn’t prevent BMW’s overall delivery count falling, and China sales are down 30 percent in Q3

German carmakers BMW and Mercedes-Benz reported disappointing third-quarter figures on Thursday as weak demand in China hit sales. BMW sales fell by 13% to around 541,000 cars, the company said in the southern city of Munich.

German automakers Mercedes and BMW are the latest brands to share their quarterly sales figures for the three months to the end of September 2024 and things aren’t looking good. Both companies posted a drop in sales,

BMW (ETR:BMWG) has posted a 13% slide in third-quarter group-wide sales due in part to a steep slide in demand in China and a "globally challenging market." The German luxury car maker reported group automotive sales of 540,