BMW's net profits slumped by more than a third in 2024, flagging "continuing subdued demand in the Chinese market."
Net profit for the year fell by an annual 36.9% to 7.68 billion euros ($8.32 billi… [+2092 chars]
BMW posts 37% drop in annual net profit, warns of 'subdued' Chinese demand - CNBC
BMW's net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car manufacturer.
By:Karen Gilchrist, Chloe Taylor
Source:CNBC
Published:
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