Jonathan Storey offers a deep dive into BMW’s latest financial results
BMW has reported a 37% fall in group operating profit for 2024, mainly due to weaker sales caused not only by market conditions, particularly in China, but also by a significant impact from the pausing of some deliveries from Q3 onwards, to rectify problems with the Integrated Braking System, supplied by Continental. The group operating margin fell by 3.8 points to 8.1%.
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Lisa Walter is a news writer for Good News A Podcast. She writes about politics, health, business, and finance.
She has been writing for the site since October 2017. Before that, she was a freelance writer for several other websites.
Lisa is also an avid reader and loves to read about current events. In her free time, she likes to take care of her garden and spend time with friends and family.