BMW Q2 Sales in China Plunge 30%, Group Delivers 590,962 Cars as EVs Edge Up BMW sales in China suffered a sharp setback in the second quarter as the Munich …
sales
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Business
BMW reports Q2 sales decline as China deliveries plunge 30 percent
by Leo Müllerby Leo MüllerBMW sales in China plunge 30% in Q2, dragging group deliveries down 4.9% BMW sales in China plunged 30% in Q2, contributing to a 4.9% decline in group deliveries to …
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Business
Mercedes-Benz records 6% H1 sales decline as China sales plunge 28%
by Leo Müllerby Leo MüllerMercedes-Benz sales in China slump 28% as global H1 deliveries fall 6% Mercedes-Benz sales in China fell 28% in H1 2026, contributing to a 6% global decline as BEV demand …
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Business
Vinted surpasses Amazon in European clothing sales but faces fraud scandals
by Leo Müllerby Leo MüllerVinted’s Rise to Retail Power and the Fraud Scandals Threatening Its Growth Vinted has surged into the top tier of European resale marketplaces, even outselling Amazon for clothing in some …
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Technology
Kunlunxin expands chip sales as Tencent becomes customer and ByteDance considers adoption
by Helga Moritzby Helga MoritzKunlunxin Spins Out from Baidu as Chip Unit Expands Sales to Tencent and Draws ByteDance Interest Kunlunxin, Baidu’s AI chip unit, has been spun out while Baidu keeps majority ownership; …
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Business
H&M misses spring sales expectations and blames poor inventory management
by Leo Müllerby Leo MüllerH&M Misses Spring Profit Forecast After Inventory Shortfalls and Rising Cotton Costs H&M misses spring profit forecasts as inventory missteps and higher cotton costs weigh on sales; March–May operating profit …
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Business
Datev Mittelstandsindex reveals German Mittelstand sales slump in May 2026
by Leo Müllerby Leo MüllerGerman Mittelstand sales fall 1.4% in May 2026, Datev index shows German Mittelstand sales fell 1.4% in May 2026, the Datev Mittelstandsindex shows; trade, construction and manufacturing led declines while …
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Business
FIFA under scrutiny by US prosecutors over World Cup ticket sales
by Leo Müllerby Leo MüllerGianni Infantino Faces U.S. Ticketing Inquiries as FIFA Defends 2026 Strategy Gianni Infantino confronts investigations by New York and New Jersey over 2026 World Cup ticketing as FIFA pushes expansion …
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Business
German automakers face 23% Q1 operating profit plunge as China sales tumble
by Leo Müllerby Leo MüllerGerman automakers profit slump deepens as Q1 revenues and operating profit slide, EY says EY analysis: German automakers’ Q1 profit slump deepens as revenue declines, China sales drop and electrification …
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Business
German breweries warn World Cup alone will not guarantee higher beer sales
by Leo Müllerby Leo MüllerGerman breweries cautious ahead of World Cup as sales hinge on weather and team success German breweries are cautiously optimistic about the World Cup, but say summer beer sales will …