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 ...

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

Wolfgang Rattay/Reuters BMW car sales slipped last year as a costly recall compounded a slump in demand in China that has hit ... slashed subsidies. The challenges triggered a wave of profit ...

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 ...

Vehicles parked outside a BMW AG dealership in Shanghai, China ... it faced "extraordinary challenges" as its quarterly profits plunged due to slumping Chinese sales and a vehicle recall, the ...

FRANKFURT: BMW said Wednesday it faced "extraordinary challenges" as its quarterly ... had come to rely heavily on China, and makes around a third of its sales there. But with the world's second ...

Formerly called DFSK Motor, Seres partnered with telecommunications giant Huawei Technologies Co. back in 2021 to launch the ...

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.

BERLIN (Reuters) -Sluggish demand and stiff competition in China hit third quarter sales at BMW and Mercedes, the German luxury automakers said on Thursday. The German car sector is facing ...

BMW car sales slipped last year as a costly recall compounded a slump in demand in China that’s hit Germany’s automakers ... in Europe after several countries slashed subsidies. The challenges ...