BMW and Porsche have a China problem. They're not the only ones.
Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in deliveries in China.
Bloomberg L.P.1mon
BMW Sales Slide After Brake Fault Recall, China Demand Slump
BMW cut earnings forecasts in September after a faulty braking system forced it to recall as many as 1.5 million vehicles, which took a particular toll on deliveries in China.
Yahoo Finance29d
BMW and Porsche have a China problem. They're not the only ones.
Volkswagen, Toyota, and Honda have suffered, and GM took a $5 billion hit on its Chinese business. Porsche and BMW have become the latest European carmakers to report sliding sales in China.