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BMW’s original profit margin target for 2022 was 8-10%, but the forecast was lowered in March to 7-9% in the wake of Russia’s decision to invade Ukraine. BMW production chief Milan Nedeljkovic told Automotive News…
Adrian Padeanu / October 22, 2022
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BMW lifted its annual profit margin forecast to between 9.5% and 10.5% from 7% to 9% previously forecasted. Furthermore, BMW raised their forecast for return on equity in its financial services segment to 20%-23% from…
Horatiu Boeriu / September 30, 2021
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BMW’s first-quarter operating profit fell 78 percent to 589 million euros, despite higher deliveries of luxury vehicles, as the carmaker felt the effects of higher investment spending and a 1.4 billion euro ($1.6 bln) legal…
Horatiu Boeriu / May 7, 2019
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BMW is expecting increased overhead costs to increase considerably in 2019, due to the uncertain economic conditions caused by trade disagreements, according to Bloomberg. One of those so called “trade wars” between BMW and China…
Horatiu Boeriu / December 4, 2018
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BMW profit up 13%, helped by China sales
by Horatiu Boeriu
/ Date: August 3, 2017
News
The BMW Group continued to perform well during the first three months of 2015, with sales volume, revenues, profit before financial result and profit before tax all rising to new highs for the first-quarter period….
Horatiu Boeriu / May 6, 2015