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German carmakers BMW and Mercedes-Benz reported disappointing third-quarter figures on Thursday as weak demand in China hit sales. BMW sales fell by 13% to around 541,000 cars, the company said in the southern city of Munich. Issues with brakes from its supplier Continental led to a halt in deliveries of some 320,000 vehicles. Sales declined in all regions, but the trend was particularly pronounced in China, where only 148,000 cars were sold, marking a drop of 30%. The country now accounts for only a quarter of BMW’s sales. In contrast, European sales decreased by just 1% to 219,000 vehicles. …

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