BMW AG
Coverage of BMW AG in the Nexus archive.
- Mercedes Loses Ground in China's Premium Auto Market
Mercedes-Benz Group AG sold only 1,153 units in China during the first half of 2026, significantly trailing Xiaomi Corp.'s sales of over 80,000 SU7 sedans. This poor performance mirrors challenges faced by competitors like BMW AG, Volkswagen AG, and Porsche AG, all of whom reported second-quarter sales declines of at least 30%, surpassing the overall market's drop.
- BMW Cost Cuts, New Models Underpin Carmaking Returns
BMW AG's second-quarter carmaking profit exceeded expectations due to cost reductions and strong demand for new models.
- BMW Offers Buyouts to Thousands of German Workers to Cut Costs
BMW AG is offering voluntary severance packages to thousands of its workers in Germany to reduce costs and enhance competitiveness against Chinese rivals.
- BMW’s Car Sales Decline After 30% Plunge in China
BMW's car sales have declined following a 30% drop in China. The article references a BMW AG dealership in Shanghai.