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Stephen Dyer

Coverage of Stephen Dyer in the Nexus archive.

Earliest in view: Jul 11 · 14:17 UTCMost recent: Jul 11 · 14:17 UTC
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  • BUSINESSJul 11 · 14:17 UTCWDIV CLICKONDETROIT
    Major German carmakers hit by steep China sales plunge as competition heats up

    Major German carmakers including Volkswagen, Mercedes-Benz, BMW, and Porsche experienced steep quarterly sales declines in China, with drops ranging from 30% to 41% compared to the same period last year. The declines were driven by weakened domestic demand, intense competition from Chinese automakers like BYD, and a broader economic slowdown in China.

Stephen Dyer · Dossier · The Nexus