BMW AG’s earnings declined less than expected in the first quarter as surging electric-vehicle sales in Europe helped offset continued weakness in China.

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 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 ...

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

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.

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 ...

the main source of the automaker's woes is China. Despite BMW Group's sales rising slightly in the US and Europe, they collapsed 13.4% in the world's largest car market last year. BMW has found ...

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

The German carmaker announced a global sales decline of 1.4%, dragged down by weak China demand, while Trump’s auto tariffs loom over the year ahead. BMW saw its sales decline by 1.4% in the ...

BMW saw its sales decline by 1.4% in the first three months of the year, delivering a total of 586,149 vehicles. While the car company sold more models in Europe, registering a 6.2% year-on-year jump, ...