Aito, which is backed by Huawei, sold more luxury vehicles in China last year than BMW and Mercedes, with its flagship M9 SUV ...

BMW AG’s earnings plunged 23% in the first quarter as intense competition in China pushed sales in its biggest single market to a five-year low.

driven by a decline in China amid intense market competition. "Given the sustained demand for its attractive premium vehicles, the BMW Group is able to confirm its guidance for the year," the ...

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.