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Aito, which is backed by Huawei, sold more luxury vehicles in China last year than BMW and Mercedes, with its flagship M9 SUV ...
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.
driven by a decline in China amid intense market competition. "Given the sustained demand for its attractive premium vehicles, the BMW Group is able to confirm its guidance for the year," the ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
From June 25, BMW’s China unit would recall 26,766 domestically produced vehicles and 80 imported cars due to a defect in the power connector that could pose a fire hazard, the State ...
The IPO had raised HK$35.7 billion ($4.6 billion) according to a company filing, reportedly making it the largest global ...