BMW Q1 profit falls nearly 3% on currency, development spending

BMW's first-quarter operating profit slid nearly 3 percent due to currency headwinds and higher investment in new technologies such as self-driving cars.

Ford's China route: Latecomer, contender, EV embracer

In the next phase of its Chinese evolution, Ford plans to introduce electrified cars, as well as to bring in its first pickup and GT super sports car.

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