BMW Car Sales Held Back by China’s Preference for Domestic EVs

BMW AG’s sales stagnated in the second quarter as European carmakers continued to lose ground to local producers in China, the world’s biggest electric-vehicle market.

Global group deliveries inched up 0.4% from a year earlier to 621,271 vehicles, the German manufacturer said Thursday. While the BMW and Mini brands saw gains in Europe and the US during the three months through June, deliveries in China dropped 14%.

BMW’s results echo those of its German peers, which have been ceding market share in China to domestic producers led by BYD Co. Mercedes-Benz Group AG’s sales in the country fell ...