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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.
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 ...
BMW has a big sales lead that Mercedes aims to reduce, but experts say the real battle will be won — or lost — in China.
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 ...
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Just Auto on MSNNew BMW iX: the EV for petrolheadsNow with a claimed range of 400-plus miles, new variants and a facelift, BMW’s biggest EV suddenly looks like a segment ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
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CarExpert on MSNChina's number one carmaker has plans for world dominationBYD has ambitious plans on the world stage, and is aiming for half its sales to be outside China by 2030 – up from 10 per cent last year.
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 ...
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