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 warns of a €1bn tariff hit in 2025 as US and EU levies on China-made EVs and North American exports threaten to shake up ...
The automaker expects earnings to remain flat this year while sales will grow only slightly as a result of global trade ...
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.
The electric SUV is going through the last stages of development in South Africa, together with the closely-related sedan.
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 ...
Chinese electric vehicle (EV) maker Zeekr Intelligent Technology will unveil a luxury model next month, targeted at luring ...
Chinese EV makers have opened up a vast and, some experts say, unassailable lead in the global market despite American and ...
Toyota’s newest electric car is making a splash. The bZ3X has launched in China for about $24,000. That’s a shockingly cheap EV. It is also slightly cheaper than the BYD Atto 3 in China, which is a ...
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 ...
The European Commission has imposed tariffs of up to 45.3% on Chinese-built electric vehicles since last Octobe ...