BMW AG’s earnings plunged 23% in the first quarter as intense competition in China pushed sales in its biggest single market to a five-year low.

BMW has reported a 25 per cent fall in earnings as it adjusts to new global tariffs and stiff competition in the Chinese ... the cars it sells in Europe from China.

Yet, intense competition in China from local producers led by BYD Co. continues to weigh on BMW’s performance in the world’s biggest EV market. The manufacturer’s sales in China fell 17% in the first ...

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Carmaker maintains full-year forecast and anticipates some tariffs to be rolled back as a result of negotiations ...

It’s based on the M4 Competition and features 523 hp as well ... Unfortunately, the special edition is limited to China. BMW didn’t have much else of note in Shanghai, but the company ...