This is the worst first-quarter figure recorded by the carmaker in China since 2020. In Germany, meanwhile, BMW sales were down ... incentive schemes, competition from cheaper Chinese rivals ...

BMW had also cautioned that muted demand in China would dilute its bottom line amid fierce competition from homegrown car companies, and said Monday that sales of BMW branded cars and Minis in ...

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 ...

BMW's (BMWG.DE), opens new tab first-quarter sales were dragged down by a 17.2% drop in China, where foreign premium carmakers have struggled to boost sales amid high competition from cheaper ...

An intensifying auto industry price war in China has stoked fears of a long-anticipated shake-out in the world’s largest car ...

Revenues fell 7.8% to €33.8 billion as global vehicle deliveries dropped 1.4% to 586,000 units, driven by a decline in China amid intense market competition. “Given the sustained demand for its ...

[BERLIN] BMW’s net profit slumped by over a third in 2024 to 7.68 billion euros (S$11.13billion), in line with market expectations, after weak sales in China and Germany ... and the continuation of ...

Tesla's European Union sales plummeted by over 50% in April, facing increased competition from Chinese EV makers like BYD.

BERLIN (Reuters) -BMW's first-quarter sales were dragged down by a 17.2% drop in China, where foreign premium carmakers have struggled to boost sales amid high competition from cheaper local rivals ...