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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 China weighed on earnings.
BMW quarterly profit misses expectations due to weak China sales, brake issues
LONDON/FRANKFURT, Nov 6 (Reuters) -
BMW
(BMWG.DE), opens new tab 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 ...
BMW quarterly profit drops sharply, misses forecasts
BMW CEO Oliver Zipse described "exceptional burdens" during the quarter, with brake defects halting some deliveries. Despite this, BMW aims to clear stock in Q4 and maintains its revised annual forecast. (1 euro = 1.08 U.S. dollar)
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 by nearly 16%, and the company faces ongoing challenges in the competitive auto market.
15h
on MSN
BMW, Porsche Lead Auto Stock Rout on Trump Tariff Fears
BMW AG and Porsche AG led German automaker shares lower over concerns the US will hike tariffs on imported cars after Donald ...
5h
on MSN
BMW CEO offers bold forecast following Donald Trump's election win
After a tense election cycle that saw twists and turns akin to a Six Flags roller coaster, millions of Americans flocked to ...
14m
YouTuber dead aged just 25 after BMW slams into post in front of shocked crowd
Stockf30, real name Andre Beadle, died when his 2024 BMW X5 crashed - his 21-year-old passenger was hurt but survived the smash ...
14h
on MSN
Toyota and BMW are the latest casualties in China's evolving EV market
Toyota and BMW reported sinking profits on Wednesday, with sales in China slumping as both face growing competition from ...
2d
BMW’s Success Suggests The Secret To Car Quality Is Cubing
A premium brand like BMW relies on the quality of its products for success. Cubing is one of its key tools for ensuring the ...
12h
BMW downplays US tariff fears as car stocks hit multi-year lows
Potential import tariffs under the U.S. presidency of Donald Trump may benefit BMW, its CEO said on Wednesday, even as shares in the German premium carmaker and its rivals plummeted due to concerns ...
New Atlas
9h
BMW shakes up entry-level adventure bike class with the concept F 450 GS
The entry-level adventure bike (ADV) class is heavily populated by the likes of KTM, Royal Enfield, and CFMoto’s hugely ...
2d
BMW X5 M Competition: Track-Worthy Power In A Family-Friendly SUV
The BMW X5 M Competition is the glowing top of the line of this popular luxury SUV. Enhanced power and handling from its new ...
Cycle News
11h
BMW Releases F 450 GS Concept Bike at EICMA
BMW has taken the wraps off a much-rumored younger sibling in the GS family in the new F 450 GS. Looking very much like the ...
ECOticias.com
9h
BMW has just abandoned EVs: Its engines will run 100 % on this fuel
BMW joins other automobile companies in adding hydrogen powered engines to their portfolio. While electric vehicles and ...
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