Published 2 years ago

BMW sees slight growth in 2023, cuts Germany gas intake by 15%

Summary by Ground News

BMW expects to reach the higher end of its 7-9% margin target for the cars business. Demand was recovering in China in the third quarter after lockdowns plagued the first half. In Europe, demand was weak in Germany and the United Kingdom but stronger in France, Spain, and Italy.

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Reuters

BMW sees slight growth in 2023, cuts Germany gas intake by 15%

BERLIN - BMW expects to reach the higher end of its 7-9% margin target for the cars business and sees slight sales growth in 2023, chief financial officer (CFO) Nicolas Peter said in a roundtable on Monday. Demand was recovering in China in the third quarter after lockdowns plagued the first half, the CFO said. In Europe, demand was weak in Germany and the United Kingdom but stronger in

2 years ago·United Kingdom

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OAN

BMW expects slight growth in 2023, cuts Germany gas intake by 15% – One America News Network

BERLIN (Reuters) -BMW expects to reach the higher end of its 7-9% margin target for the cars business and sees slight sales growth in 2023, chief financial officer (CFO) Nicolas Peter said in a roundtable on Monday.Demand was recovering in China in the third quarter after lockdowns plagued the first half, the CFO said, describing it as a “rollercoaster” year in their largest sales market.In Europe, order books were still full but demand was weak…

2 years ago·San Diego, United States

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