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.

Germany is in trouble. And not just with its auto industry. What has long been Europe's economic powerhouse has seen two ...

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 ...

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 ...

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

BMW BMW-0.85%decrease ... As a result of the tariffs, and continuing challenges in China, the German company expects earnings to remain flat this year while sales will grow only slightly.

German luxury carmaker BMW posted a steep drop in profit last year due to weakening sales in China and technical problems with braking systems. The company on Friday reported €7.7 billion ($8.6 ...

Meanwhile, in China, its biggest single market, the BMW Group said it had more than tripled BEV sales year-on-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, data by research platform JATO Dynamics ...