Aito, which is backed by Huawei, sold more luxury vehicles in China last year than BMW and Mercedes, with its flagship M9 SUV ...

This is the worst first-quarter figure recorded by the carmaker in China since 2020. In Germany, meanwhile, BMW sales were down 1.3%, while consumers in the Americas and the US bought more vehicles.

BMW group sales fell slightly in 2024 as the German automaker was hit by technical issues and subdued demand in China. The company, which houses its namesake brand as well as the Mini and Rolls ...

Seres' sales tripled in three years to around 427,000 vehicles in 2024. Read more at straitstimes.com. Read more at ...

BMW AG’s China sales dropped to the lowest in five years during the first quarter as intense competition with local manufacturers continued to erode its share of the world’s biggest car market ...

German luxury brands like BMW and Mercedes-Benz continue to lose share to Chinese manufacturers, with BYD leading the charge in the EV and luxury segments.

Formerly called DFSK Motor, Seres partnered with telecommunications giant Huawei Technologies Co. back in 2021 to launch the ...

BMW's first-quarter earnings plunged 23% this year. And that was before U.S. auto tariffs went into effect. One of the only bright spots came from the company's EV business, which saw a 32% ...

European companies operating in China say the market has become increasingly challenging because of weak economic demand and ...

Plus, Tesla resumes shipping Chinese parts for the Cybercab and BMW plans to have one EV in every segment by 2030.

Analysts forecast that China’s EV price war will force many smaller players out of the market within the next two years.