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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 ...
Sluggish demand and stiff competition in China hit third quarter sales at BMW and Mercedes , the German luxury automakers said on Thursday.
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BMW Sales Decline in First Quarter on Deepening China Slump - MSNBMW AG’s China sales dropped to the lowest in five years during the first quarter as intense competition with local manufacturers continued to erode its share of the world’s biggest car market.
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.
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 ...
Toyota and BMW reported sinking profits on Wednesday, with sales in China slumping as both face growing competition from local automakers like BYD.
Sino-German joint venture BMW Brilliance is doubling down on its long-term commitment to sustainability in China, unveiling ...
The average car price in China is around $22,900 (165,000 yuan). BYD Co. Ltd., the world's largest EV maker, announced ...
BMW on Wednesday reported a 61% drop in its third-quarter profit, missing analyst expectations because of slumping China sales and brake problems and sending its shares to their lowest level in ...
BMW, Mercedes-Benz and Porsche have suffered sliding sales in the world's largest car market amid rising competition from Chinese manufacturers.
BMW has reported a 25 per cent fall in earnings as it adjusts to new global tariffs and stiff competition in the Chinese market. However, the carmaker maintained its full-year forecast that ...
Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in deliveries in China.
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