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

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 ...

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.

BMW group sales fell slightly in 2024 as the German auto maker was hit by technical issues and subdued demand in China. The company, which houses its namesake brand as well as the Mini and Rolls ...

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

LONDON/FRANKFURT, Nov 6 (Reuters) - BMW (BMWG.DE), opens new tab on Wednesday reported a 61% drop in its third-quarter profit, missing analyst expectations because of slumping China sales and ...

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.

[Stay on top of transportation news: Get TTNews in your inbox.] BMW AG is recalling nearly 700,000 vehicles in China due to coolant pump defects, a fresh setback for the German carmaker that’s ...

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 ...