BMW and Porsche have a China problem. They're not the only ones.
Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in deliveries in China.
Bloomberg L.P.1mon
BMW Sales Slide After Brake Fault Recall, China Demand Slump
BMW cut earnings forecasts in September after a faulty braking system forced it to recall as many as 1.5 million vehicles, which took a particular toll on deliveries in China.
ET Auto1mon
BMW's car sales fell 4% in 2024 owing to brake fault recall, China slump
BMW walked back its outlook in September after a faulty braking system forced it to recall as many as 1.5 million vehicles, which took a particular toll on deliveries in China. German carmakers ...