Aito, which is backed by Huawei, sold more luxury vehicles in China last year than BMW and Mercedes, with its flagship M9 SUV ...

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.

Q3 sales down 13% at BMW, down 3% at Mercedes Both report lower sales in China BEV sales fall at Mercedes, rise at BMW The German car sector is facing multiple challenges, ranging from high ...

Seres' sales tripled in three years to around 427,000 vehicles in 2024. Read more at straitstimes.com. Read more at ...

Seres Group’s Aito brand has tripled its sales in three years and outsells every Western automaker in the Chinese luxury ...

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 ...

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.

Meanwhile, in China, its biggest single market, the BMW Group said it had more than tripled BEV sales year-on-year.

In a statement sent to Chinese media, the German luxury carmaker added a digital car key will let its customers access their vehicles using their Huawei devices later this year, as nearly a quarter of ...