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.

driven by a decline in China amid intense market competition. "Given the sustained demand for its attractive premium vehicles, the BMW Group is able to confirm its guidance for the year," the ...

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 ...

Build Your Dreams (BYD) establishing a base in Hungary proves that BYD has landed on European soil and is proving to be a ...

Now with a claimed range of 400-plus miles, new variants and a facelift, BMW’s biggest EV suddenly looks like a segment ...

Analysts at Bernstein had estimated that German automakers could face combined tariff-related costs of between $2bn and $4bn ...

Chinese electric vehicle manufacturer BYD surpassed Tesla in battery-electric vehicle (BEV) sales across Europe for the first time, signaling a notable shift in the region’s EV market dynamics.

The IPO had raised HK$35.7 billion ($4.6 billion) according to a company filing, reportedly making it the largest global ...

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Things arent going the best for Porsche in recent times. Although it was recently considered among the world's most ...

BEIJING: Chinese battery giant CATL, which soared on its Hong Kong debut Tuesday (May 20), is a domestic success story with a ...