{"id":713132,"date":"2026-07-27T06:52:11","date_gmt":"2026-07-27T06:52:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/713132\/"},"modified":"2026-07-27T06:52:11","modified_gmt":"2026-07-27T06:52:11","slug":"european-premium-brands-face-crisis-as-china-sales-collapse","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/713132\/","title":{"rendered":"European premium brands face crisis as China sales collapse"},"content":{"rendered":"<p>European premium brands are seeing their key Chinese market crumble away as strong competition from local rivals in the electrified space badly eroded sales in the second quarter this year.<\/p>\n<p>BMW, Volvo, Porsche, JLR and Mercedes Benz suffered alarming drops of between 24 and 37%, according to figures from the companies themselves. The wider Volkswagen Group also reported a sales crash, down 37% , but has\u00a0yet to split out Audi figures.<\/p>\n","protected":false},"excerpt":{"rendered":"European premium brands are seeing their key Chinese market crumble away as strong competition from local rivals in&hellip;\n","protected":false},"author":2,"featured_media":713133,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-713132","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/713132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=713132"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/713132\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/713133"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=713132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=713132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=713132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}