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Web Desk Karachi
May 20, 2025

Chinese automaker Seres Group surges past BMW and Mercedes to lead luxury EV market

Formerly called DFSK Motor, Seres partnered with telecommunications giant Huawei Technologies Co. in 2021 to launch the Aito brand of premium electric and hybrid sport utility vehicles.

Business

Reuters
Apr 23, 2025

BMW to integrate DeepSeek AI in its new vehicles in China later this year

“Key advances in AI are happening here. We are strengthening AI partnerships for integration in our vehicles in China,” said the CEO Oliver Zipse.

Latest

AFP
Mar 14, 2025

Chinese battery behemoth CATL posts jump in annual profit

CATL produces more than a third of all electric vehicle batteries sold worldwide, cooperating with Tesla, Mercedes-Benz, BMW and Volkswagen.

Business

Web Desk
Mar 14, 2025

BMW’s 2025 profit margin forecast falls below expectations

BMW (BMWG.DE) forecast on Friday profit margins for its automotive business this year below analysts’ expectations, factoring in the impact of US tariffs imposed in recent weeks and anticipating an even more intense trade war.

Business

Reuters
Jan 27, 2025

JLR to invest $80 million to meet demand for custom luxury car colours

The luxury car maker joins rival Rolls-Royce Motor Cars, a unit of BMW (BMWG.DE) in trying to cash in on the trend.

Business

Web Desk Karachi
Jan 23, 2025

BYD becomes Singapore’s most popular car, after outselling Toyota: Bloomberg

The Chinese electric vehicle (EV) giant saw sales more than quadruple last year to 6,191 cars, surpassing the 5,736 cars sold by Toyota — the world’s biggest carmaker.

Business

Web Desk Karachi
Jan 08, 2025

Rolls-Royce to invest £300 million in expansion amid growing demand for bespoke luxury cars

The company said the investments will enhance manufacturing capabilities as it transitions from V12 petrol engines to electric vehicles,

Latest

Hum News
Sep 10, 2024

BMW recalls 1.5 million cars over brake issue

German luxury carmaker BMW says it is recalling the vehicles over an apparent brake problem. Partly as a result, the Bavarian company is lowering its sales and profit expectations.