German companies, particularly the carmakers, face huge market pressure in China. For years derided as producing cheap, clunky cars, Chinese manufacturers — admittedly heavily supported by the state — ...
BMW AG said its 2024 automaking profit margin will be at the lower end of guidance after falling sales of its premium cars.
COLUMN. BMW has joined its rivals in challenging the EU's antidumping taxes on Chinese carmakers. The Volkswagen/Audi group, ...