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 ...

Rank-and-file opposition is growing over the last-minute agreement reached by the UAW to prevent a strike by 800 aircraft ...

As one of the best-selling BMW models worldwide, more than 3.5 million BMW X3s have been delivered since 2003, with China as ...

The E.U. last year approved tariffs of up to 35 percent on Chinese EVs despite opposition from Germany, whose leading automakers — Volkswagen, BMW and Mercedes-Benz — sell about a third of their ...

China represents the largest market for Western car companies operating globally. Success in this market requires ...

THE latest version of the BMW X3 is set to launch in China this February, and its production in the country could pave the way for the model to arrive in the Philippines.BMW's most popular sports ...

BEIJING: Chinese tech giant Alibaba said on Monday (Feb 24) it will spend more than US$50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder ...

At the end of 2024, BMW launched the pilot production of the new-generation batteries at its manufacturing base in Shenyang, the capital of northeast China's Liaoning Province. The batteries will ...

Historically, BMW coupés have simply been swoopier, less practical versions of their saloon car counterparts. Not any more – the BMW 4 Series is a rakish model in its own right. Sure ...