BMW Quarterly Profit Misses Expectations Due to Weak China Sales, Brake Issues
LONDON/FRANKFURT (Reuters) -BMW on Wednesday reported a 61% drop in its third-quarter profit, missing analyst expectations because of slumping China sales and brake problems and sending its shares to their lowest level in more than 2-1/2 years.
BMW AG’s profit margin fell to the lowest in more than four years in the third quarter as a costly recall and weak demand in ...
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New X5 Dark Flame Edition Is BMW’s Gold Standard For ChinaThe BMW X5 xDrive40 Li Exclusive Dark Flame Edition is priced at a cool 830,000 yuan (equal to around $116,500) in China, ...
Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while rivals BMW and Mercedes-Benz ...
REVENUE FORECAST: Analysts expect the German luxury-car maker to report revenue for the third quarter of 33.31 billion euros ($36.23 billion), according to consensus figures compiled by the company ...
BMW’s electric future is taking shape on the outskirts of the Mexican city of San Luis Potosi, some 450 miles south of the ...
BMW, Mercedes-Benz and Porsche have suffered sliding sales in the world's largest car market amid rising competition from ...
BMW reported a sharp drop in profitability for its key automotive unit, hit by costs of a recall and weak demand in China, ...
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