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BMW, China
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’s net profit drops 84% amid China sales slump and vehicle recall issues
BMW reported an 84% drop in quarterly profits, primarily due to declining sales in China and a costly vehicle recall affecting 1.5 million cars. Overall sales decreased nearly 16%, and the company faces ongoing challenges in the competitive auto market.
Down 84%! Drastic profit slump at BMW
Problems with a brake system supplied by Continental and the persistent market weakness in China: German car manufacturer BMW's profits plummeted in
1d
BMW’s Profit Margin Drops to Four-Year Low After Recall
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 ...
6d
on MSN
Luxury European automakers are getting crushed in China
BMW, Mercedes-Benz and Porsche have suffered sliding sales in the world's largest car market amid rising competition from ...
Carscoops on MSN
6d
New X5 Dark Flame Edition Is BMW’s Gold Standard For China
The BMW X5 xDrive40 Li Exclusive Dark Flame Edition is priced at a cool 830,000 yuan (equal to around $116,500) in China, ...
autoevolution
5d
2025 BMW X5 Dark Flame – America Will Only See It in Pictures As Gold Only Works in China
Meet the
BMW
X5 Dark Flame, a special edition that the German automaker will only sell in
China
. It is an upgraded version of the long-wheelbase X5 SUV. A head-turner in its own right, the special ...
2d
on MSN
Inside BMW's Next-Generation EV And Battery Plant In Mexico
BMW’s electric future is taking shape on the outskirts of the Mexican city of San Luis Potosi, some 450 miles south of the ...
1d
on MSN
BMW Posts Sharp Fall in Automotive Profitability
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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