Latest

BMW warns on tariffs, China as 2024 profits plunge
BMW warns on tariffs, China as 2024 profits plunge
Economy
by  AFP

German premium carmaker BMW warned Friday of continued challenges in 2025 from trade tensions and weak demand in China after reporting a plunge in profits last year. The Munich-headquartered group joins other German automakers in reporting sharply lower profits amid a choppy transition to electric vehicles and slowing demand in key market China.