The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be ...
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.
Speaking on the media call, Chief Financial Officer Walter Mertl said that should the U.S. increase the tariff on imported cars from the EU to 10% from the current 2.5%, it would hit the margin by a ...
BMW has reported a 36 per cent fall in profits last year following weak demand in China and a global recall of cars and has warned it expects earnings will remain at a similar level this year because ...
The German car industry is still in a deep crisis. After Porsche, Volkswagen and Mercedes-Benz, BMW has now also reported a ...
This comes as BMW along with other European carmakers are bracing for impact from US President Donald Trump’s planned tariffs ...
The car industry is rarely out of the news, often under gloomy headlines related to tariffs, falling sales, low uptake of electric vehicles (EVs) and workers’ strikes.
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CarsGuide on MSNAustralia has best Nissan warranty in the entire world - but why and how did the Aussies manage it?Nissan’s unexpected announcement of a dealer-servicing-activated 10-year/300,000km new-vehicle warranty with capped pricing scheme that is both conditionally retroactively applicable and transferable ...
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Tuko on MSNBMW warns on tariffs, China as 2024 profits plungeGerman premium carmaker BMW warned Friday of continued challenges in 2025 from trade tensions and weak demand in China after ...
Xiaomi Corp., Geely Automobile Holdings Ltd., NIO Inc. and Xpeng Inc. will show how resilient China’s electric-vehicle sector ...
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 ...
Chinese electric vehicle company, XPeng Motors, unveiled its 2025 G6 and G9 auto models on Thursday, as it bets on autonomous ...
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