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BMW sales stagnate in July despite growth in China

August 15, 2018


Abstract : Carmaker BMW was unable to use Mercedes-Benz’s decline in sales at the start of the second half of the year to catch up with its rival.

Carmaker BMW was unable to use Mercedes-Benz’s decline in sales at the start of the second half of the year to catch up with its rival. The Munich-based company sold 154,500 cars in July - 0.7 percent more than in the same period last year, the company announced on Monday.

Business in China has been going well, sales there were up by 8 percent. Ever since the company began to manufacture the SUV X3 in both China and South Africa as well as at its U.S. plant in Spartanburg, BMW has been better placed to meet demand, explained Pieter Nota, Member of the Board of Management responsible for Sales and Brand. In Germany, by contrast, sales fell by 14 percent while in the U.K. they declined by 13 percent. The company is planning a significant redesign of its important BMW 3 Series for next year.

In contrast to BMW, in July Mercedes-Benz was still struggling with the conversion of some models to the new WLTP consumer standard, as well as some problems in the United States. The Stuttgart-based company's sales fell by 8 percent but at 167,500 cars were still higher than BMW's in absolute terms.

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