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BMW: Sales slump also due to persistent market weakness in China

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Published: November 7th, 2024,
Last updated: May 28th, 2025

Autos BMW

The BMW Group reported a 61 percent drop in profits in the third quarter on Wednesday. The German carmaker missed analysts’ expectations, causing the company’s shares to fall to their lowest level in more than two and a half years. The reasons for the result are problems with a brake system supplied by Continental, which had led to delivery problems, as well as the persistent market weakness in China.

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