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 ...
BMW, Mercedes-Benz and Porsche have suffered sliding sales in the world's largest car market amid rising competition from ...
BMW Group revises its 2024 financial guidance due to challenges in Q3, including IBS issues and weak demand in China.
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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 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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