Latest

BMW boosts profitability despite China, tariff woes
BMW boosts profitability despite China, tariff woes
Economy
by  AFP

German carmaker BMW on Wednesday reported a rise in profitability in the last quarter despite facing challenges from slowing Chinese sales and tariffs. The carmaker, which also makes Mini and Rolls-Royce cars, cut its outlook for 2025 in October due to tariff costs and slowing sales in key market China, where European manufacturers are losing sales to local rivals.