BMW AG’s earnings plunged 23% in the first quarter as intense competition in China pushed sales in its biggest single market to a five-year low.

ranging from high production costs and managing the shift to electric vehicles to falling demand and rising competition from China. Sign up here. For the July-September quarter, BMW's sales fell ...

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 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 ...

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 ...

Toyota and BMW both reported plunging profits on Wednesday. The Japanese and German automakers have faced falling sales in China. China's EV giants like BYD are squeezing out foreign automakers ...

Tesla TSLA.O EV sales in Europe have fallen in February behind legacy brand Volkswagen VOWG.DE and the BMW group BMWG.DE, as well as rivals from China ... rising competition in the EV ...

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 ...