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BMW AG’s vehicle sales showed little growth in Q2 of 2025 as the automakers continues to lose ground to domestic competition ...
Toyota and BMW reported a drop in quarterly profits on Wednesday, with sales in China slumping for both companies as they face growing competition from local automakers like BYD.. Toyota's profit ...
The 17% drop to 155,195 deliveries in China dragged down global sales 1.4%, the German carmaker said Thursday. It was BMW’s worst first-quarter sales result in China since 2020.
BERLIN, Oct 10 (Reuters) - Sluggish demand and stiff competition in China hit third quarter sales at BMW , opens new tab and Mercedes , opens new tab, the German luxury automakers said on Thursday.
Porsche and BMW are the latest automakers to report sliding sales in China. The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors. Volkswagen, Toyota, and ...
BMW’s auto unit reported slightly lower-than-forecast profitability in the second quarter as revenue was weighed by heightened competition and weaker consumer sentiment in China.
Europe's luxury carmakers once dominated in China, but are now under intense pressure. BMW, Mercedes-Benz, and Porsche have all reported slumping sales in the world's largest auto market. They ...
BMW told the Wall Street Journal in March that it expects trade tensions between the US, China and European Union to hit its earnings by $1.1bn (€987m) this year.
BMW said on Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang production base in China, in a sign of the premium carmaker's "unwavering commitment to the ...
BERLIN—BMW AGBMW-1.90%decrease; red down pointing triangle on Tuesday has reported a decline in second-quarter profit due to rising costs and tougher competition in China and the U.S. that ...
BMW AG and Mercedes-Benz Group AG will cooperate on a fast-charging network for EVs in China with a plan to open at least 1,000 stations by 2026.