BMW posts 37% drop in annual net profit, warns of ‘subdued' Chinese demand
BMW’s net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car ...
BMW expects 1 billion euro hit to earnings from escalating tariffs
BMW said newly imposed trade tariffs could dent the carmaker's earnings by 1 billion euros ($1.09 billion) this year, as escalating trade tensions between China, Europe and the U.S. take a mounting ...
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BMW and Porsche have a China problem. They're not the only ones.
Porsche and BMW have become the latest European carmakers to report sliding sales in China. The two German automakers on Monday said their respective sales in the world's largest auto market fell ...
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BMW’s First Long-Wheelbase X3 Gives China The Legroom It Craves
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 ...