US EditionBMW CEO: ‘Our Business Model Is Robust and Resilient’
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11 Articles
German automaker BMW increased net profit to 1.7 billion euros in the third quarter of this year, or 256% year-on-year. At the same time, earnings per share increased by 328% to 2.74 euros.
German luxury carmaker BMW has tripled its profits in the third quarter, the company said on Wednesday, in a rare glimmer of hope for the country's ailing auto industry. Net profit reached about 1.7 billion euros ($1.95 billion) between July and September, compared with 476 million euros in the same quarter last year when BMW was struggling with brake problems. "In the third quarter, we proved once again that our business model is strong and res…
The German car industry is under pressure. The earnings at Mercedes and Volkswagen have recently collapsed. Anders BMW - the Group reports a profit jump for the third quarter. By Sebastian Schreiber [more]]>
The German automotive industry is facing its most challenging period in decades. The crisis in China, US tariffs, the chaos surrounding Nexperia's semiconductors, and costly mistakes in their electromobility transformation strategies are forcing even major brands to tighten their belts.
BMW CEO: ‘Our business model is robust and resilient’
German luxury carmaker BMW Group more than tripled its earnings in the third quarter, the company announced on Wednesday, in a rare beacon of hope for the country’s ailing automotive industry. Net profit came in at about €1.7 billion between July and September, compared to €476 million in the same quarter last year, when BMW was struggling with brake issues. “In the third quarter, we once again proved that our business model is robust and resili…
The group delivered 588,140 vehicles to customers in the third quarter, 8.7 percent more than in the same period in 2024.
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