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BMW's first-quarter sales were dragged down by a 17.2% drop in China, where foreign premium carmakers have struggled to boost ...
BMW AG’s China sales dropped to the lowest in five years during the first quarter as intense competition with local ...
The automaker’s deliveries fell 1.4% on year in the first quarter as strong growth in Europe and the U.S. failed to fully ...
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.
China is a critical market for any automaker, but with increased competition from domestic brands, companies like BMW can’t ...
Sean Green, president and CEO of BMW Group Region China, speaks at the company's innovation day on March 26. [Photo provided to China Daily] BMW is renewing its image with an aura of tech ...
BMW is getting crushed in China as rivals like BYD squeeze out foreign carmakers. The German giant is fighting to turn things around, but now has a brewing trade war to contend with. The CEO said ...
The global heads of German automakers BMW and Mercedes , as well as chip giant Qualcomm are among foreign business leaders due to meet with Chinese President Xi Jinping this week, two sources said on ...
BERLIN (Reuters) -BMW's first-quarter sales were dragged down by a 17.2% drop in China, where foreign premium carmakers have struggled to boost sales amid high competition from cheaper local ...
BMW BMW-0.34%decrease; red down pointing triangle group delivered slightly fewer cars in the first quarter as strong growth in Europe and the U.S. failed to fully offset a demand slump in China.
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