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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 is one of two German brands making EVs that I recommend to friends who are in the market for something nice. The other is Porsche, but those are far more expensive. BMW started trying hard on EVs ...
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 ...
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.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
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 ...
Tesla TSLA.O EV sales in Europe have fallen in February behind legacy brand Volkswagen VOWG.DE and the BMW group BMWG.DE, as well as rivals from China ... rising competition in the EV ...
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