China's EV giants are rising, putting foreign automakers under pressure in the world's largest car market. Toyota and BMW reported a drop in quarterly profits on Wednesday, with sales in China ...

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 isn’t facing the same financial issues as it did in the early 1960s, although it has seen its profits plunge by 84% owing to a slump in sales in China. But electrification is a huge ...

BMW said Wednesday it faced "extraordinary challenges ... in particular "weak demand in China" as well as problems with a braking system that led to a costly recall of 1.5 million vehicles.

Vehicles parked outside a BMW AG dealership in Shanghai, China, on Thursday, Oct. 24, 2024. BMW is recalling nearly 700,000 vehicles in China due to coolant pump defects, a fresh setback for the G ...

BMW isn’t facing the same financial issues as the early 1960s, although it has seen its profits plunge by 84 percent due to a slump in sales in China. But electrification is a huge challenge to ...

Toyota and BMW both reported plunging profits on Wednesday. The Japanese and German automakers have faced falling sales in China. China's EV giants like BYD are squeezing out foreign automakers and ...

discovered that BMW imported to the U.S. at least 8,000 MINI vehicles containing parts produced by JWD after the Chinese supplier was sanctioned in December for its links to China’s labor ...

LONDON/FRANKFURT (Reuters) -BMW on Wednesday reported a 61% drop in its third-quarter profit, missing analyst expectations because of slumping China sales and brake problems and sending its shares ...