BMW reported an 84% drop in quarterly profits, primarily due to declining sales in China and a costly vehicle recall ...

BMW has warned of “extraordinary challenges” as it became the latest carmaker to post a large drop in China sales.

A few years back, General Motors had to recall 142,000 Bolts in a major fiasco due to fire risk. This time around, however, just a small number of Bolts are being recalled, only 107.

FRANKFURT, Nov 6 — BMW said today it faced “extraordinary challenges” as its quarterly profits plunged due to slumping ...

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.” ...

Good morning! It’s Wednesday, November 6, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories ...

Technical problems with braking systems and weak demand in China saw third quarter profits fall 84% on the year to €476 ...

Toyota and BMW reported sinking profits on Wednesday, with sales in China slumping as both face growing competition from ...

BMW AG and Porsche AG led German automaker shares lower over concerns the US will hike tariffs on imported cars after Donald ...

BMW posts 83,8% drop in net profit in Q2024 XNUMX, hit by weak demand in China and costly recalls of defective parts. German ...

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 reported a sharp drop in profitability for its key automotive unit, hit by costs of a recall and weak demand in China, ...