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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 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.
The IPO had raised 35.7 billion Hong Kong dollars ($4.6 billion) according to a company filing, reportedly making it the ...
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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