The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be ...
This comes as BMW along with other European carmakers are bracing for impact from US President Donald Trump’s planned tariffs ...
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 ...
German premium carmaker BMW warned Friday of continued challenges in 2025 from trade tensions and weak demand in China after ...
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 ...
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.
Xiaomi Corp., Geely Automobile Holdings Ltd., NIO Inc. and Xpeng Inc. will show how resilient China’s electric-vehicle sector ...
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.
The Jaecoo 7 is the latest Chinese car to arrive in the UK. It's a fraction of the cost of other premium SUVs. But is it any good? Freda Lewis-Stempel drives it to find out.
Elon Musk, the company’s chief executive, is fast losing out to Chinese electric carmakers in Tesla’s second-most-important ...