BMW Q1 profit falls 26.4% on weak China sales, sticks to 2025 outlook

NAMPA / DPA

2025-05-07

Munich (dpa) - German carmaker BMW reported a 26.4% drop in first-quarter net profit to ?2.2 billion ($2.5 billion), as demand in China was a drag on earnings. Revenues fell 7.8% to ?33.8 billion as global vehicle deliveries dropped 1.4% to 586,000 units, driven by a decline in China. "Given the sustained demand for its attractive premium vehicles, the BMW Group is able to confirm its guidance for the year," the company said in a statement. Howe......

Restricted content

Economy

Carl Zeiss Meditec names Maximilian Foerst to replace Weber as CEO

2025-05-07 21:31:38

Carl Zeiss Meditec names Maximilian Foerst to replace Weber as CEO

2025-05-07 21:31:36

Fed leaves rates unchanged, warns of higher unemployment, inflation

2025-05-07 21:01:35

Bank of England set to cut interest rates as tariffs weigh on growth

2025-05-07 21:01:34

UK: Trade deal with India makes a 'massive difference' to Scotland

2025-05-07 21:01:33

Major European markets close on weak note after cautious session

2025-05-07 20:01:36

Hungary's retail sales growth eases sharply

2025-05-07 17:01:33

UK construction industry shrinks further as uncertainty grows

2025-05-07 17:01:32

German factory orders rebound ahead of US tariffs

2025-05-07 17:01:30

Czech industrial output grows further, trade surplus shrinks

2025-05-07 16:31:23

Slovakia retail sales fall 2.5%

2025-05-07 16:31:22

Latest NAMPA photos

WALVIS BAY, 07 MAY 2025 - Piles of rubbish on the streets in Walvis Bay. (Photo by: Isabel Bento) NAMPA

NAMPA

MARIENTAL, 07 May 2025 - The Taradi! Hana Xabadi organisation conducted a workshop at Mariental, equipping 29 unemployed women from their community with the skills to produce ‘Namaseep’, a handmade soap. (Photo: Contributed)

NAMPA

WALVIS BAY, 07 MAY 2025 - Unattended rubbish at the Ekutu Latika open market in Walvis Bay. (Photo by: Isabel Bento) NAMPA

NAMPA

OMUTHIYA, 07 May 2025 - The Namibian Police Force Inspector General Lieutenant General Joseph Shikongo speaking during the engagement with junior officers on Wednesday. (Photo: Maria David)NAMPA

NAMPA

NKURENKURU, 06 May 2025 - Governor of the Kavango West Region, Verna Sinimbo, on Tuesday paid a visit to the Kasera family in Sarukwe village, following the tragic passing of two children due to suspected food poisoning. (Photo: Contributed)

NAMPA

RIETFONTEIN, 04 May 2025 - Netball players while in action during the 2025 Namibian Deaf Sports Federation (NDSF) National Games, that were held at the National Youth Service Centre in Rietfontein, Otjozondjupa Region. (Photo by: Hesron Kapanga) NAMPA

NAMPA