BMW Sees Tariffs, China Slump Weighing on Carmaking Profit
BMW AG’s carmaking profits will lag well below its long-term targets this year, weighed down by escalating trade tensions between the US and Europe and muted sales in China. The German manufacturer ...
The Business Times3h
BMW's profit slumps as weak China sales, brake problems plague earnings
BERLIN] BMW’s net profit slumped by over a third in 2024 to 7.68 billion euros (S$11.13billion), in line with market ...
BMW posts 37% drop in annual net profit, warns of ‘subdued' Chinese demand
BMW’s net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car ...
NewsBytes1h
BMW warns of €1B loss due to escalating trade tariffs
Renowned automaker BMW has projected a whopping €1 billion hit to earnings for the year 2024. The company's CEO Oliver Zipse ...
BMW sees tariffs, China sales decline weighing on carmaking profit
The German manufacturer expects an automaking margin of between 5% and 7% this year, after the measure fell to 6.3% in 2024, ...