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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.
Now with a claimed range of 400-plus miles, new variants and a facelift, BMW’s biggest EV suddenly looks like a segment ...
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 ...
Build Your Dreams (BYD) establishing a base in Hungary proves that BYD has landed on European soil and is proving to be a ...
Analysts at Bernstein had estimated that German automakers could face combined tariff-related costs of between $2bn and $4bn ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
Chinese electric vehicle manufacturer BYD surpassed Tesla in battery-electric vehicle (BEV) sales across Europe for the first time, signaling a notable shift in the region’s EV market dynamics.
European automakers, once dominant in China ... Mercedes and BMW could still count on the fact their cars were seen as status symbols, according to consultancy Inovev. Their sales slipped last ...
The crypto market has entered a phase where functionality matters more than flash, and infrastructure-focused projects are ...
The IPO had raised 35.7 billion Hong Kong dollars ($4.6 billion) according to a company filing, reportedly making it the ...
Things arent going the best for Porsche in recent times. Although it was recently considered among the world's most ...
Volkswagen AG’s Audi continues to struggle with low returns as the carmaker contends with the cost of President Donald Trump’s tariffs and intensifying competition in China.