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BMW, China and Toyota

Business Insider on MSN · 15h

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 · 18h

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 · 20h

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

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 ...

Supply Chain · 1d

China Files WTO Complaint as Feud Over EU EV Tariffs Escalates

The levies range between 8% and 35% depending on the manufacturer — on top of an existing 10% tariff — and are set to remain in place for the next five years.

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 ...

3hon 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.

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 ...

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.

Reuters on MSN3h

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 ...

3don MSN

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

Amid the flurry of news, two themes stand out: the China threat and EV slowdown loom large for automakers. In China, the ...

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