Tesla will make a lower-cost version of its best-selling Model Y in Shanghai, three people with knowledge of the matter said, ...

China has ordered banks and other financial institutions to encourage more consumer financing and use of credit cards as part ...

German premium carmaker BMW warned Friday of continued challenges in 2025 from trade tensions and weak demand in China after ...

BMW is facing another difficult year as it grapples with declining sales in China, where local electric-vehicle producers led ...

BMW forecast on Friday profit margins for its automotive business this year below analysts' expectations, factoring in the ...