BMW's China problem isn't going away — and Trump's trade war may make things worse
The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be ...
Electrek14d
Another luxury automaker is cutting jobs after failing to keep up in the EV race
Another global luxury automaker is cutting jobs after struggling to keep pace as the industry shifts to electric vehicles ...
electrive.com9h
BMW appoints Joachim Post as Board Member for Development
The BMW Supervisory Board has made a number of new appointments to the Board of Management. The current Chief Purchasing ...
BMW expects 1 billion euro hit to earnings as tariff war escalates
BMW expects trade tariffs to cost the carmaker 1 billion euros ($1.09 billion) this year, its CEO said on Friday, factoring in EU duties on its China-made EV and newly imposed U.S. tariffs which are ...
Car production falls as auto makers are off to a rocky start
The trade body said there was a slower than expected rollout of new models as manufacturers responded to 'softening demand in the UK and other key markets'.