• 11/11/2024

BMW Lifts Margin Guidance, Flags Cost Rise

Wall Street Journal

BMW said the auto segment EBIT margin for 2023 is forecast to be 9% -10.5%, with deliveries expected to see “solid growth” over the prior year but warned of higher costs for suppliers.

https://www.wsj.com/articles/bmw-raises-2023-view-despite-lower-1h-pretax-margin-b1c9db9c