BMW posts profit drop, reaffirming importance of Chinese market
In his remarks, BMW CEO Oliver Zipse reaffirmed the critical importance of the Chinese market and described it as a highly dynamic and competitive market. "China remains unchanged as a key market for the BMW Group," he said, noting that more than a quarter of all BMW vehicles were sold there in 2024.
The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be ...
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German automaker BMW warned Friday that it would take a big hit from trade wars between the United States, China and Europe ...
BMW expects to report slight sales growth this year but said earnings would remain flat as it faces headwinds from continuing ...
As one of the best-selling BMW models worldwide, more than 3.5 million BMW X3s have been delivered since 2003, with China as ...
Chinese electric vehicle maker Zeekr (ZK) will unveil a luxury model next month, targeted at luring wealthy consumers away from premium foreign ...
New tariffs could cost BMW upwards of a billion dollars. On Friday, the last of Europe’s big automakers to report results became the first to quantify the impact of higher import duties on its ...
The Jaecoo 7 is the latest Chinese car to arrive in the UK. It's a fraction of the cost of other premium SUVs. But is it any good? Freda Lewis-Stempel drives it to find out.
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