BMW AG’s carmaking profits will lag well below its long-term targets this year as sales in China slump and escalating trade tensions threaten US deliveries.
BMW's net profit crashed by over a third in 2024 to 7.68 billion euros ($8.32 billion), in line with an LSEG forecast, after a combination of weak sales in China and Germany as well as delivery ...
Mercedes-Benz is reportedly the latest luxury automaker that will use China’s EV smart tech. A Source with direct knowledge of the matter told Reuters that Mercedes-Benz will use Hesai’s lidar sensors ...
As US President Donald Trump ratcheted up economic pressure on China over the past week, Beijing sent back its own message: Its rise won’t be interrupted. A major political meeting taking place ...
BEIJING, March 9 (Reuters) - China's consumer inflation in February fell at the quickest pace since January 2024, while producer price deflation persisted, as seasonal demand faded while ...
China wants to supercharge growth with applications of nuclear tech China’s IAEA representative has revealed an ambitious target for the commercial applications of nuclear power, in line with ...
BMW’s globally recognized brand will continue to command pricing power for its electric vehicle ranges despite increasing market fragmentation from the rise of digital forward BEV auto OEMs. BMW ...
discovered that BMW imported to the U.S. at least 8,000 MINI vehicles containing parts produced by JWD after the Chinese supplier was sanctioned in December for its links to China’s labor ...
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