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BMW net profit slumps

BMW net profit slumps as weak China sales, brake problems plague earnings

BMW's net profit crashed by over a third in 2024 to 7.68 billion euros ($8.32 billion), in line with an LSEG forecast, after a combination of weak sales in China and Germany as well as delivery hold-ups because of problems with a brake dented performance.

Bloomberg on MSN · 19h

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.

MarketWatch · 22h

BMW Says U.S. Tariffs to Hit Auto Segment Profitability

BMW said U.S. tariffs imposed as of this week would hurt the luxury carmaker's profitability. Tariffs implemented from Wednesday will shave about 1 percentage point off the margin on earnings before interest and taxes in the auto division,

Cars3y

BMW Recalls

Owners who do not receive the free remedy within a reasonable time should contact BMW at ... allowing the brake line to rust through and leading to loss of brake fluid, failure of the rear ...

11don MSN

Kia, Mercedes, Volkswagen among nearly 300,000 vehicles recalled: Check car recalls here

The NHTSA recently announced recalls for nearly 300,000 vehicles from automakers Mercedes, Audi, Genisis and more.

Team-BHP9d

BMW 330i Sport (G20) ownership: Few general updates

A few updates:Tirumala darshan:Lord Balaji summoned and hence did a lightning quick Tirumala trip via that sublime STRR and ...

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BMW net profit slumps

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