Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag BMW reports a significant drop in Q2 profits due to US tariffs and reduced sales in China.

flag BMW reported a 32% drop in second-quarter profits to €1.8 billion, with revenues falling 8% to €34 billion, due to US tariffs and a 14% sales drop in China. flag Despite the setbacks, CFO Walter Mertl says the business model remains intact, and BMW forecasts slight growth in fully-electric vehicle sales for fiscal 2025. flag The company anticipates tariffs will reduce profit margins by 1.25 percentage points this year.

22 Articles

Further Reading