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BMW, China and Toyota

Business Insider on MSN · 13h

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 · 16h

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 · 18h

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, Europe

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.

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 ...

YAHOO!News · 6d

Europe and China's EV trade war is starting to escalate

Beijing told Chinese automakers to stop investing in European countries that supported higher duties on Chinese EVs after the bloc voted to increase tariffs.

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 ...

CNBC on MSN5d

China's Zeekr reports EV deliveries in October nearly doubled, clocks its best monthly numbers

Chinese electric carmaker Zeekr said Thursday its deliveries surged by 92% in October from a year ago, helping the company ...

2hon MSN

Don’t Worry. The EV Revolution Is Here To Stay

The electric vehicle revolution cannot be stopped. It won’t be stopped by car companies, it won’t be stopped by consumers and ...

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.

7h

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 ...

Reuters on MSN1h

Automakers Brace for New Tariffs, EV Changes Under Trump Presidency

WASHINGTON (Reuters) - Automakers are bracing for President-elect Donald Trump to impose new tariffs on vehicles from Mexico ...

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