BMW aims to cut 8,000 jobs by end 2027, source saysBMW plans voluntary redundancy for nearly half its German workforce. This move aims to reduce approximately eight thousand jobs by the end ...
29 Jul, 2026, 01.06 PM IST
Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
22 Jul, 2026, 03.39 PM IST
Volvo Cars sees stronger second half despite steep China decline, rising costsVolvo Cars anticipates improved profitability in the second half of the year. Rising raw material costs and a severe China slowdown are imp...
17 Jul, 2026, 02.58 PM IST
China's latest 'shock', German auto pain and the euro/yuan pressure cookerChina's export engine is posting a large trade surplus, defying global challenges and trade tensions. Chinese exports climbed significantly...
15 Jul, 2026, 11.35 AM IST
BMW races to catch up in a Chinese EV market that won't slow downBMW faces declining sales in China after two years of reduced performance. The automaker's new electric cars are set to launch in November....
14 Jul, 2026, 11.24 AM IST
Car crisis takes toll on Germany's young engineersGerman engineers like Max Peil struggle to find employment despite qualifications. The nation's automotive sector faces painful adjustments...
12 Jul, 2026, 10.39 AM IST
Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...
09 Jul, 2026, 11.24 AM IST
Explained: Why Tesla shares crashed 7% to record worst single-day fall in 1 year despite record Q2 salesTesla shares plunged over 7% despite the EV maker reporting record second-quarter deliveries that beat Wall Street estimates. Analysts attr...
03 Jul, 2026, 01.37 PM IST
Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminiumLuxury carmakers Ferrari and BMW are embracing aluminium wiring, following Tesla and Chinese EV manufacturers. This significant industry sh...
30 Jun, 2026, 01.17 PM IST
At Hong Kong auto show, China automakers target wealthy in right-hand-drive marketsChinese car companies are targeting wealthy buyers in right-hand-drive nations. They are introducing premium electric vehicles to new marke...
18 Jun, 2026, 01.18 PM IST
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities advanced for a fourth straight session as easing geopolitical tensions, lower crude oil prices, softer bond yields and a st...
17 Jun, 2026, 09.14 PM IST
BMW on track for 2023 target despite slight Q1 sales fallBMW remains on track for slightly higher sales this year despite a dip in demand in the first quarter, including in the Chinese market, the...
11 Apr, 2023, 02.12 PM IST
Mercedes beats BMW, Audi again in September as China sales riseMercedes-Benz was the world’s best-selling luxury car brand for the third consecutive month in September, surpassing BMW and Audi.
12 Oct, 2015, 03.44 PM IST
- Audi weighs new China plant to hit sales target
Volkswagen’s Audi luxury unit may add a new factory in China as a plant in Changchun won’t suffice to back the carmaker’s expansion in the ...
26 Oct, 2010, 03.32 AM IST
- BMW, Daimler report strong gain in September sales
German groups BMW and Daimler, the world's leading luxury car makers, said Friday that September sales roared higher, powered by the US and...
08 Oct, 2010, 06.15 PM IST
- BMW to raise number of stores in China: Report
Germany's BMW, the world's largest premium carmaker, plans to raise the number of stores in China by almost 50 per cent to reach its sales ...
10 May, 2008, 05.50 PM IST
- BMW Brilliance sales rise by 36 per cent in China
BMW Brilliance Automotive Co, German premium car maker's Chinese joint venture, has sold a record 30,600 locally manufactured vehicles in 2...
27 Jan, 2008, 07.49 PM IST