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

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 weak demand in China weighed 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 amid intense market competition. "Given the sustained demand for its attractive premium vehicles, the BMW Group is able to confirm its guidance for the year," the......

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