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 Posts Sharp Fall in Automotive Profitability
BMW reported a sharp drop in profitability for its key automotive unit, hit by costs of a recall and weak demand in China, even as it forecast stronger earnings in the fourth quarter.
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'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.
BMW: German car maker's profits tumble as sales plunge in China
The iconic German car maker is the latest car manufacturer to be hit by falling sales, including in China, where sales were down by almost 30%. View on euronews
BMW downplays fears over potential U.S. tariffs as car stocks plunge
By Christoph Steitz FRANKFURT (Reuters) -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 fell due to concerns the sector would be hurt by escalating trade disputes.
BMW's Profits Plunge As China Sales Slump
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.
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.
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.
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BMW Recalls 2025 X1 Sport Utility Vehicles Over Suspect B-Pillar Reinforcement Plates
BMW still hasn't come up with a remedy for the affected population of vehicles, which comprises 3,312 crossovers produced for ...
Electrek2d
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 ...
Fortune on MSN1d
BMW boss says Trump tariffs may actually give automaker ‘an advantage’ amid China wipeout
BMW has "a big footprint in the U.S. for the U.S., its CEO Oliver Zipse said as he played down fears of a trade war between ...
FIRSTonline2d
Bmw, profits collapse in the third quarter (-83,8%), revenues below forecasts. The stock sinks on the stock exchange - FIRSTonline
BMW posts 83,8% drop in net profit in Q2024 XNUMX, hit by weak demand in China and costly recalls of defective parts. German automaker confirms guidance, but stock tumbles ...
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 ...
BMW Expected to Report Lower Revenue, Earnings -- Earnings Preview
REVENUE FORECAST: Analysts expect the German luxury-car maker to report revenue for the third quarter of 33.31 billion euros ($36.23 billion), according to consensus figures compiled by the company ...
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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 ...
BMW Q3 Profit Drops On Weak Volume; Sees Stronger Earnings In Q4, Confirms FY24 Outlook
German automajor BMW Group (BMW.L, BAMXF.PK, BAMXY.PK) reported Wednesday that its third-quarter net profit plunged 83.8 percent to ...