German luxury carmaker BMW posted a steep drop in profit last year due to weakening sales in China and technical problems with braking systems. The company on Friday reported €7.7 billion ($8.6 ...

German automaker BMW warned Friday that it would take a big hit from trade wars between the United States, China and Europe this year, on top of weak Chinese demand, after profits plunged in 2024.

Berlin, Germany — German automaker BMW warned Friday that it would take a big hit from trade wars between the United States, China and Europe this year, on top of weak Chinese demand ...