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BMW’s Profit Margin Drops to Lowest in Four Years 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's net profit drops 84% amid China sales slump and vehicle recall issues
BMW said Wednesday it faced "extraordinary challenges" as its quarterly profits plunged due to slumping Chinese sales and a vehicle recall, the latest sign of the crisis gripping Europe's auto sector.
Penske Q3 profits drop amid BMW recall and rising interests costs
Penske Automotive Group Inc. reported a 14% drop in net income in Q3 due to the BMW recall and rising interest costs.
BMW quarterly profit misses expectations due to weak China sales, brake issues
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.
Brake problems and weak Chinese market hit BMW third-quarter figures
Technical problems with braking systems and weak demand in China saw third quarter profits fall 84% on the year to €476 million ($512 million) at German carmaker BMW in results published on Wednesday.
1h
on MSN
BMW profits plunge 80pc as Chinese demand crashes
BMW has warned of “extraordinary challenges” as it became the latest carmaker to post a large drop in China sales. The German ...
Electrek
5h
Trump wins, automakers worry, but BMW says it’ll be OK
Trump wins, and BMW’s CEO Oliver Zipse came out with some quick remarks that the automaker will weather the storm of tough tariffs due to its “very, very large footprint in the US.” ...
autoevolution
12d
Certain 2025 BMW X3 SUVs Recalled Over Potentially Damaged Airbag Fabric
Fewer than 10 examples of the 2025 BMW X3 have been released from the Spartanburg plant with airbags featuring potentially ...
7h
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 ...
7h
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 ...
FIRSTonline
7h
Bmw, profits collapse in the third quarter (-83,8%), revenues below forecasts. The stock sinks on the stock exchange
BMW posts 83,8% drop in net profit in Q2024 XNUMX, hit by weak demand in China and costly recalls of defective parts. German ...
1d
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 ...
2d
on MSN
“Boy Meets World” stars recall 'intense' makeout scene with Jennifer Love Hewitt: 'Wow, that's uncomfortable'
"I don't remember it going that far," star Will Friedle said upon rewatch of his scene with then-girlfriend Hewitt.
WPLG
6d
Baby powder recall over possible asbestos contamination expands to Florida
The Dynarex Corporation recently announced that its earlier recall of Dynacare Baby Powder, initiated in September, expanded ...
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