Major German carmakers hit by steep China sales plunge as competition heats up

Science

Major German Carmakers Hit By Steep China Sales Plunge As Competition Heats Up

By AP News

HONG KONG (AP) — Major German carmakers saw sharp quarterly sales declines in China as domestic demand weakened and competition heated up in the world’s biggest auto market. At Volkswagen, Mercedes-Benz, BMW and Porsche, China sales for the April-Jun ...Read more