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BMW, China and Toyota

Business Insider on MSN · 11h

Toyota and BMW are the latest casualties in China's evolving EV market

Toyota and BMW reported sinking profits on Wednesday, with sales in China slumping as both face growing competition from local automakers like BYD.

The Financial Times · 14h

China woes weigh on profits at Toyota, Honda and BMW

Slowing demand in China led to steep falls in quarterly profit for Toyota, Honda and BMW, dragging even the strongest carmakers into a broader downturn hitting the sector. Until now, Japan’s Toyota and Honda had outperformed their European and US rivals due to strong hybrid and petrol sales in North America.

Hosted on MSN · 1d

BMW profit plunges on China sales and brake issues, misses expectations

BMW on Wednesday reported a 61% drop in its quarterly third-quarter profit that missed analyst expectations because of slumping China sales and brake problems, but said it was on track to meet its adjusted full-year financial outlook.

Barron's · 16h

BMW's Profits Plunge As China Sales Slump

BMW said Wednesday it faced "extraordinary challenges" as its quarterly profits plunged due to slumping Chinese sales and a vehicle recall, the latest sign of the crisis gripping Europe's auto sector.

China, European Union and EV

China's messy EV dispute with Europe keeps trade tensions in check

EU member states divided on tariffs, some seek closer China ties China aims to avoid trade war, needs EU market for EVs EU puts tariffs on Chinese EV imports BEIJING, Nov 5 (Reuters) - Fears of a widening tariff war between China and other major exporting ...

Business Insider on MSN · 2d

China and Europe's EV fight just stepped up a notch

The Chinese commerce ministry said on Monday it will file a lawsuit with the WTO against the EU's tariffs on Chinese electric car companies.

The Straits Times · 1d

China appeals to WTO over EV tariffs imposed by European Union

Beijing's formal complaint raises the risk of greater tit-for-tat confrontation. Read more at straitstimes.com.

3don MSN

The China threat and the EV slowdown— 2 takeaways from a busy few weeks in auto news

EV leaders are facing roadblocks heading into the final quarter of 2024.

2d

China EV Stocks Rally After Strong October Delivery Growth

Chinese electric vehicle stocks jumped after automakers including BYD Co. posted record deliveries in October, as government ...

2d

China to file lawsuit with WTO against EU's final EV ruling, commerce ministry says

China's commerce ministry said on Monday that it has decided to file a lawsuit with the WTO against the EU's final ...

China's EV sector set for major shift by 2025: Supply chain sees new opportunities

Recent policy changes in China signal a comprehensive restructuring of the automotive industry, focusing on enhancing ...

3dOpinion

China Can’t Cut EV Subsidies It Isn’t Paying

The accepted wisdom is that clean energy support explains the country’s competitive edge. But that’s far from the truth.

4don MSN

China’s EV Makers Set Sights on Latin America in Global Expansion

Brazil is now the biggest overseas market for BYD as China pushes out Western carmakers from America’s backyard.

5h

Chinese vs. American EV: How Xioami's SU7 compares to the Tesla Model 3

The Tesla Model 3 and Xiaomi SU7 are both compact EV sedans producd and sold in China with starting a price in the low ...

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