Tag: BMW
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BMW Sees Q1 Profit Fall 26% as China Sales Lag, Maintains 2025 Target
German carmaker BMW reported a 26.4% drop in first-quarter net profit to €2.2 billion ($2.5 billion), as weak demand in China weighed on earnings. German carmaker BMW reported a 26.4% drop in first-quarter net profit to €2.2 billion ($2.5 billion), as weak demand in China weighed on earnings. Revenues fell 7.8% to €33.8 billion as…