BMW is still getting crushed in China — and now has a brewing trade war to worry about too. The German carmaker reported on Friday that net profits had collapsed by more than a third last year ...
BMW has partnered with Huawei to develop an in-car digital ecosystem in China based on the technology company's Harmony ...
BMW is getting crushed in China as rivals like BYD squeeze out foreign carmakers. The German giant is fighting to turn things around, but now has a brewing trade war to contend with. The CEO said ...
BERLIN - German premium carmaker BMW warned of continued challenges in 2025 from trade tensions and weak demand in China after reporting a plunge in profits last year. For 2024, the group's net ...
where petrol cars sold by the likes of BMW and Mercedes-Benz are fast losing their lustre in the world’s largest automotive market. At present, most EVs in China are priced below 300,000 yuan ...
A new BMW X3 goes off-road in Xishuang Banna Dai autonomous prefecture in Yunnan province on Feb 27.[CHINA DAILY] Great tea and great cars are about heritage and innovation, but they are more than ...
German automaker BMW warned Friday that it would take a big hit from trade wars between the United States, China and Europe this year, on top of weak Chinese demand, after profits plunged in 2024.
The facelifted BMW X3 has just launched in China, but the local model is a little different than those sold in other markets. That’s because many Chinese buyers prioritize rear legroom ...
BEIJING, March 14 (Reuters) - China's banks extended 1.01 trillion yuan ($139.66 billion) of new loans in February, well below analysts' forecasts, according to Reuters calculations based on data ...
In his remarks, BMW CEO Oliver Zipse reaffirmed the critical importance of the Chinese market and described it as a highly dynamic and competitive market. "China remains unchanged as a key market ...
China’s central bank has pledged to advance the cross-border use of the yuan and develop the offshore yuan market, as the mission to stabilise the currency grows more urgent in the face of a ...
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