BMW’s China sales drop to lowest level in five years at start of 2025
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Euronews.com
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BMW's sales fell by 1.4% in Q1, totaling 586,149 vehicles. While sales in Europe rose by 6.2%, China saw a significant decline of 17.2%, marking the worst first-quarter performance since 2020. Despite struggles in China due to local competition and economic issues, BMW experienced a 64.2% increase in electric vehicle demand in Europe. The company anticipates challenges from US tariffs and trade tensions affecting earnings by $1.1bn this year. Teljes cikk (Euronews.com)