BMW Issues Profit Warning, Citing Weak China Market and Delayed Tariff Refunds
BMW lowers its 2025 profit forecast as weaker Chinese sales and postponed EU–US tariff refunds cut margins and cash flow.
BMW lowers its 2025 profit forecast as weaker Chinese sales and postponed EU–US tariff refunds cut margins and cash flow.
BMW's China sales rose to an impressive 39 percent share in China, after April sales numbers were reported this week
BMW Group expects sales in China to grow around 10 percent this year while global sales are likely to climb 5 percent to 5.5 percent
To deal with the increasing competition and declining sales, BMW plans to upgrade versions of its sedans and SUVs in China later this year
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While showing double digits growth in the last few years, the Chinese market has slowed down and presents some challenges for premium automakers
BMW continues its sales growth in China. In June 2011, BMW said that sales in China rose 41 percent, or 21, 158 vehicles.