BMW Sees Tariffs, China Slump Weighing on Carmaking Profit
BMW AG’s carmaking profits will lag well below its long-term targets this year, weighed down by muted sales in China and escalating trade tensions between the US and Europe. The German manufacturer ...
Malay Mail19m
BMW warns on tariffs, China as 2024 profits plunge 37pc
German premium carmaker BMW warned today of continued challenges in 2025 from trade tensions and weak demand in China after ...
BMW net profit slumps as weak China sales, brake problems plague earnings
BMW's net profit crashed by over a third in 2024 to 7.68 billion euros ($8.32 billion), in line with market expectations, after a combination of weak sales in China and Germany as well as delivery ...
Zeekr, Geely’s premium EV unit, set to take on BMW, Mercedes in China’s SUV segment
Chinese electric vehicle (EV) maker Zeekr Intelligent Technology will unveil a luxury model next month, targeted at luring ...
Zeekr set to take on BMW, Mercedes in China’s SUV segment, SCMP says
Chinese electric vehicle maker Zeekr (ZK) will unveil a luxury model next month, targeted at luring wealthy consumers away from premium foreign ...
China Daily11d
BMW stretches out with bigger X3 SUV
As one of the best-selling BMW models worldwide, more than 3.5 million BMW X3s have been delivered since 2003, with China as ...
BMW faces profit decline as tariffs and China slowdown hit sale
BMW’s (ETR: BMWG) profitability faced challenges in 2024, as evidenced by an 8.4% revenue decline to €142.4 billion. The ...