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BMW Sees Auto Margin at Low End of Guidance
BMW expects full-year earnings margin in lower half of 6-7% target
BMW expects its earnings before taxes in the fourth quarter to be significantly below last year and for its full-year margin to be in the lower half of its 6-7% target, according to slides posted on the carmaker's website on Tuesday.
BMW Sees Auto Margin at Low End of Guidance on Weak Sales
BMW AG said its 2024 automaking profit margin will be at the lower end of guidance after falling sales of its premium cars.
BMW's 2024 profit margin to hit lower end of guidance due to premium car sales drop
AG, has stated that the profit margin for its automaking segment in 2024 will likely be at the lower end of its previously forecasted 6-7% range. This adjustment is due to declining sales of the company's premium vehicles.
Tesla, BMW sue EU
Tesla, BMW Sue EU as Tension Mounts on Chinese EV Tariffs
Tesla and Germany’s BMW are suing the European Commission, joining a growing band of Chinese automakers to oppose the European Union on its punitive tariffs on electric vehicles.
Tesla, BMW sue EU after China-made EVs hit by tariffs
BMW said in a statement that EU duties on battery electric vehicles “harm business models of globally active companies.”
Tesla joins court challenges to EU tariffs on Chinese EVs
Tesla has joined BMW and Chinese producers in filing a challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on China-made electric vehicles, according to a filing on the court's website on Monday.
4h
BMW CEO proposes cutting EU tariff on US vehicle imports to 2.5%
BMW will propose this week that the European Union lower its tariff on U.S. car imports to 2.5% from 10%, in line with the ...
4d
on MSN
BMW trolled after announcing it’s ‘no longer posting’ on X: ‘Becoming More Woke’
German car maker BMW’s UK division got trolled by X users on Thursday after abruptly announcing that it was “no longer posting” on the platform ...
1d
on MSN
Man dead after BMW was struck by tractor-trailer on I-84 in West Hartford
A man was killed in a crash on Interstate 84 in West Hartford early Monday when the BMW he was driving was rear-ended by a ...
BizPac Review
6h
BMW UK announces exit from Musk-owned X, didn’t see the brutal mocking in its headlights
Despite not being an airport, some users still feel the need to announce their departure from X. This almost always results ...
4h
on MSN
BMW’s New X5 To Offer Hydrogen Model Developed With Toyota
BMW has been testing hydrogen-powered X5s for years and apparently the next model will enter normal production ...
7h
on MSN
Is the BMW X3 30 xDrive a worthy luxury SUV?
Say what you will about its polarizing design, but how well does the new BMW X3 stack up against other compact luxury SUVs?
Electrek
1d
BMW i5 spotted with native NACS port – could be one of the 1st brands to switch?
We know that NACS/Supercharger adapters are coming soon for BMWs, but now it's one of the few brands we've seen testing a ...
1d
on MSN
BMW Says Big Displays “Disconnect” Drivers From The Road
According to BMW chief development officer Frank Weber, the company doesn’t believe adding ever larger screens is the ...
9d
on MSN
Four things you didn’t know about the BMW X5
The BMW X5 is celebrating its silver anniversary, and its presence is no longer the anomaly it seemed to be upon its arrival.
4d
Red flag: Philadelphia woman loses $8K after NJ dealer sells her BMW without its title
But for Ericka Hester of North Philadelphia, Pennsylvania, she’s out $8,000 because the dealership she purchased her car from ...
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