Traditional luxury car brands BMW, Mercedes-Benz, and Audi (BBA) face increasing competition in China from domestic manufacturers like BYD, Huawei, Nio, and Li Auto, especially in the luxury segment (over 300,000 yuan). BBA's sales in China have declined in early 2024 due to fierce market price wars and competition from domestic new energy vehicles (NEVs), leading to severe financial and operational challenges for dealerships. BBA is enhancing local R&D efforts and adjusting strategies to combat competition, but Chinese brands are rapidly improving, challenging BBA's market dominance with innovative features and competitive pricing.

BMW and Volkswagen reported declining second-quarter earnings after their sales fell in the world’s biggest auto market, where a deepening housing crisis is weighing on spending

The ‘315 Gala’ that runs on World’s Consumer Rights Day every year, criticized the German automaker for technical defects on its BMW 530Li

German luxury carmaker produces electric SUV in Shenyang through its BMW Brilliance Automotive joint venture

Chinese automakers’ global market share is set to double to 33% by 2030 as BYD, Nio and Xpeng capitalize on expertise and cost advantages

The German auto giant will also make the high-voltage batteries for the cars in the Asian country, where it is planning to invest $1.4 billion in a new factory

As dramatic geopolitical changes alter the calculus, foreign investment from Europe more than doubles this year after three years of decline

The funds were drained from Brilliance China by its state-owned parent to use as debt collateral, outside investigation commissioned by the carmaker found

AI chip specialist Horizon Robotics secures strategic investment; Cybersecurity watchdog probes China’s largest online academic library

VW reports resuming operations at two plants in Changchun in emergence of auto and components industry from restrictions

Once a leader in helping China create its modern auto industry, the German auto giant is stumbling with its electric transition in the world’s most dynamic EV market

Bounce from buying half of Brilliance stake in joint venture signals competitors that it pays to assume control of operations in the world’s largest auto market

The advancement is keenly anticipated as it could hasten adoption of the vehicles by providing automakers with a safer and cheaper alternative to lithium-ion cells

German automaker intends to better compete against likes of Tesla

Huachen Automotive found to have cited inflated profits when selling bonds

Creditors file a raft of legal actions seeking payment of outstanding debt as state-owned company affiliated with BMW struggles with restructuring

U.S. company's continuing market dominance makes local producers nervous as government subsidies wind down

Brilliance Auto pulls the plug after defaulting on debts totaling $1 billion as investors decry offloading of assets

Qi Yumin, who chaired troubled north-eastern car-maker Brilliance Auto until last year, is under investigation for unspecified violations