BMW warns on tariffs, China as 2024 profits plunge
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.
Mar 14, 2025
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Electric vehicle industry dynamics encompass the shifting competitive landscape, financial performance, and policy-driven constraints shaping global automakers. Central themes include changes in market share among incumbents and Chinese manufacturers, the impact of tariffs and tax credits on pricing and demand, and strategic adjustments such as plant closures, job cuts, and product portfolio shifts between battery electric and hybrid vehicles. These dynamics integrate regulatory environments, cost structures, and technology positioning to determine profitability and long-term industry trajectories.
Automotive
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.
Mar 14, 2025
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33
Consumer & Gadgets
It was not a given that petrol-powered cars would come to dominate the world. In fact, back in 1900, just 22% of cars produced in the US were powered by gasoline (also known as petrol, benzine or various other names). The ...
Mar 13, 2025
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Energy & Green Tech
Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to European efforts to challenge Asia's dominance in the key sector.
Mar 12, 2025
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Automotive
Volkswagen said Tuesday its profits nosedived in 2024 amid high costs and fierce Chinese competition as the German carmaker geared up for another tricky year navigating an industry transition and global trade tensions.
Mar 11, 2025
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Automotive
Struggling Japanese automaker Nissan announced on Tuesday that chief executive Makoto Uchida would step down, a move that follows the failure of merger talks with rival Honda.
Mar 11, 2025
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28
Automotive
After an outcry from Detroit, President Donald Trump has granted one-month tariff exemptions on most auto imports from Canada and Mexico, underscoring the continued clout of US carmakers.
Mar 7, 2025
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45
Engineering
Two main manufacturers dominate the EV (electric vehicle) market: Tesla, which is most popular in Europe and North America, and BYD, which leads the Chinese EV market. However, both manufacturers have released limited data ...
Mar 6, 2025
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