July 10 (Reuters) – BMW reported a 4.9% decline in global vehicle deliveries in the second quarter on Friday, hit by a sharp drop in sales in China.
• The group sold 590,962 vehicles in the quarter
• In China, deliveries plunged 30.2% year-on-year in the second quarter
• “Despite global challenges, we were able to increase our sales in the USA and Europe,” board member Jochen Goller said in a statement
• Second-quarter deliveries rose 11.9% in the U.S. and 7.6% in Europe excluding Germany
• Mercedes-Benz and Porsche AG on Wednesday reported declines in second-quarter deliveries of 8% and 16%, respectively, as intensifying competition in China continued to weigh on sales.
(Reporting by Anastasiia Kozlova, Editing by Linda Pasquini)
