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BMW Faces Profit Decline Amidst Challenges in Chinese Market

BMW Faces Profit Decline Amidst Challenges in Chinese Market

BMW Faces Profit Decline Amidst Challenges in Chinese Market
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Stellantis CEO warns turnaround will take time after weak quarter

Stellantis CEO warns turnaround will take time after weak quarter

By Giulio Piovaccari MILAN, July 30 (Reuters) - Stellantis CEO Antonio Filosa cautioned that a major strategic overhaul would take time to bear fruit after the world's No. 4 automaker reported weaker-than-expected second-quarter results on Thursday, knocking its shares.
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BMW Announces Major Job Cuts Amidst Chinese Competition and Tariff Challenges

BMW Announces Major Job Cuts Amidst Chinese Competition and Tariff Challenges

BMW Announces Major Job Cuts Amidst Chinese Competition and Tariff Challenges
Reuters Reuters
BMW to review practices once deemed 'untouchable' as profit slumps

BMW to review practices once deemed 'untouchable' as profit slumps

By Rachel More BERLIN, July 30 (Reuters) - BMW will review working practices once deemed "untouchable", the carmaker pledged on Thursday, after a 35% drop in second-quarter pretax profit underscored the pressures driving a shake-up across Germany's auto sector.
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BMW to Cut 8,000 Jobs in Germany Amid Pressure from Chinese Rivals

BMW to Cut 8,000 Jobs in Germany Amid Pressure from Chinese Rivals

BMW to Cut 8,000 Jobs in Germany Amid Pressure from Chinese Rivals
Reuters Reuters
Pickup truck profits highlight growing divide among global automakers

Pickup truck profits highlight growing divide among global automakers

By Nick Carey LONDON, July 30 (Reuters) - From Fiat to Ferrari, results on Thursday highlighted a growing gap between the carmakers raking in cash by selling gas-guzzling pickups to Americans and those struggling to compete with Chinese rivals in a world that is slowly embracing electric.
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BMW Announces 8,000 Job Cuts in Global Cost-Reduction Strategy

BMW Announces 8,000 Job Cuts in Global Cost-Reduction Strategy

BMW Announces 8,000 Job Cuts in Global Cost-Reduction Strategy
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BMW to Cut 8,000 Jobs in Germany Amidst Falling Sales and Strategic Shift to Qualcomm

BMW to Cut 8,000 Jobs in Germany Amidst Falling Sales and Strategic Shift to Qualcomm

BMW to Cut 8,000 Jobs in Germany Amidst Falling Sales and Strategic Shift to Qualcomm
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Audi CEO Unveils Q7 and Q9 SUVs, Targeting U.S. Market with Enhanced Features

Audi CEO Unveils Q7 and Q9 SUVs, Targeting U.S. Market with Enhanced Features

Audi CEO Unveils Q7 and Q9 SUVs, Targeting U.S. Market with Enhanced Features
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BMW Plans to Cut 8,000 Jobs by 2027 Amidst Competitive Pressures

BMW Plans to Cut 8,000 Jobs by 2027 Amidst Competitive Pressures

BMW Plans to Cut 8,000 Jobs by 2027 Amidst Competitive Pressures
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Audi Unveils Q9 SUV to Strengthen U.S. Market Presence

Audi Unveils Q9 SUV to Strengthen U.S. Market Presence

Audi Unveils Q9 SUV to Strengthen U.S. Market Presence
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BMW Celebrates 50 Years of Art Cars with Historic Exhibition in Munich

BMW Celebrates 50 Years of Art Cars with Historic Exhibition in Munich

BMW Celebrates 50 Years of Art Cars with Historic Exhibition in Munich