Part 1/4:
The Challenges Facing German Automakers in China and Europe
The automotive industry is facing significant challenges, particularly for German carmakers like Mercedes, Porsche, and BMW. In China, their sales have seen massive declines, with Mercedes down 13%, Porsche almost 20%, and BMW down a staggering 30% in the third quarter. This represents a huge loss for BMW, which has considered China its biggest market.