BMW posts 37% drop in annual net profit, warns of 'subdued' Chinese demand
BMW's net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car ...
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 escalating trade tensions between the US and Europe and muted sales in China. The German manufacturer ...
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BMW to begin mass producing 6th-generation EV batteries in China in 2026
At the end of 2024, BMW launched the pilot production of the new-generation batteries at its manufacturing base in Shenyang, the capital of northeast China's Liaoning Province. The batteries will ...
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BMW’s First Long-Wheelbase X3 Gives China The Legroom It Craves
The facelifted BMW X3 has just launched in China, but the local model is a little different than those sold in other markets. That’s because many Chinese buyers prioritize rear legroom ...
BMW Expects $1.1 Billion Earnings Hit From Tariffs This Year
The automaker expects earnings to remain flat this year while sales will grow only slightly as a result of global trade ...