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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.
German carmaker BMW reported a 26.4% drop in first-quarter net profit to €2.2 billion ($2.5 billion), as weak demand in China ...
Carmaker maintains full-year forecast and anticipates some tariffs to be rolled back as a result of negotiations ...
The IPO had raised HK$35.7 billion ($4.6 billion) according to a company filing, reportedly making it the largest global ...