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BMW says May sales of BMW, Mini vehicles dip due to China tariffs

Reuters  |  FRANKFURT 

(Reuters) - said vehicle sales fell 2.1 percent in May, weighed down by tariffs, the launch of a new model, and a 13.6 percent drop in German deliveries as cities like started banning older diesel vehicles from key streets.

said plans to retool its factory to produce the X3 locally, rather than importing it from the United States, had hurt availability of this volume model in the world's largest

Furthermore, customers in have held back orders after the country announced it will lower tariffs on imported cars from 25 percent to 15 percent from July 1 onwards.

Pieter Nota, board member for sales, said: "In the second half of the year, the X3 will once again become fully available worldwide, bringing increased sales momentum in the third and fourth quarters."

Meanwhile in Germany, several in May caused fewer working days compared with last year, and said it will ban the most polluting diesel vehicles from two streets, hitting demand for such cars.

(Reporting by Edward Taylor; Editing by Christoph Steitz)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, June 12 2018. 21:11 IST
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