BMW (BMW.DE) expects to regain momentum in its largest market, China, through the all-electric Neue Klasse lineup. The series, marking a major transformation of the company’s portfolio, was officially launched this week with its first model, News.Az reports, citing Reuters. “We are more than competitive with this product,” Chief Financial Officer Walter Mertl told…
BMW is targeting a return to growth in China, its largest market, with the launch of its all-electric Neue Klasse series, beginning with the iX3 SUV. The model is set to debut in China by summer 2026. Chief Financial Officer Walter Mertl told, “We are more than competitive with this product. With increasing availability of…
BMW is confident it can return to growth in its largest market China with the all-electric Neue Klasse series, a major overhaul of the company’s portfolio that was kick-started this week with the launch of its first model. “We are more than competitive with this product,” Chief Financial Officer Walter Mertl told Reuters. “With increasing…
Fresh seafood and fruits arriving by air in Hong Kong for re-export can now be transferred directly to mainland China for clearance as one of several new measures to help the city remain competitive in a tariff-laden global trade environment, the customs chief has said. Commissioner of Customs and Excise Chan Tsz-tat also told the…
Fresh seafood and fruits arriving by air in Hong Kong for re-export can now be transferred directly to mainland China for clearance as one of several new measures to help the city remain competitive in a tariff-laden global trade environment, the customs chief has said. Commissioner of Customs and Excise Chan Tsz-tat also told the…
Andrew Yiu* is at a crossroads about whether to continue his job as a full-time Uber driver, as the Hong Kong government plans to regulate ride-hailing platforms and impose requirements such as vehicle age limits. The city is set to legalise ride-hailing platforms in the first half of next year, ending over a decade of…
BMW announced on Tuesday a partnership with Chinese tech firm Momenta to jointly develop a new generation of intelligent driving assistance solutions exclusively for the Chinese market, News.az reports citing Xinhua. The collaboration aims to leverage artificial intelligence (AI) and automotive engineering expertise to create a safe, reliable and practical system tailored to local road…
British luxury carmaker Jaguar is facing its steepest sales decline in decades, following a radical rebrand that has drawn sharp criticism from industry experts, dealers, and long-time customers. Only 49 Jaguar vehicles were registered in Europe in April 2025, a 97.5 percent drop compared to 1,961 units in the same month last year. Year-to-date sales…