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BMW Sees Auto Margin at Low End of Guidance
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 sales of its premium cars fell.
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'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
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 current U.S. import tariff, the German automaker's CEO Oliver Zipse said on Tuesday.
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, 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.
BizPac Review
8h
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 ...
5d
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 ...
1h
on MSN
Next-Gen BMW X5 To Include Hydrogen Model Developed With Toyota
BMW has been testing hydrogen-powered X5s for years and apparently the next model will enter normal production ...
1d
‘Toyota?’: Experts settle the BMW vs. Mercedes debate. So, which one makes better cars?
In a side-by-side comparison from U.S. News and World Report, BMW also won an overall head-to-head. In the luxury compact SUV ...
2d
on MSN
Rolex 24 at Daytona live updates, Hour 23: No. 6 Porsche leading with No. 24 BMW in hot pursuit
The No. 24 BMW M Team RLL BMW M Hybrid V8 will start on the pole position for the 24-endurance race that opens the IMSA ...
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 ...
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 ...
autoevolution
1d
All-New 2027 BMW X6 Rendered With Neue Klasse Styling, Mercedes & Audi Are Having a Laugh
An all-new BMW X6 version is expected to debut sometime next year as a 2027 model year vehicle, and we can only hope not to ...
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