BMW on Wednesday reported rising profitability in the last quarter despite slowing Chinese sales and the impact of tariffs, offering some rare good news for Germany's beleaguered auto sector.
Investors cheered the results, with the manufacturer's share price up 6.8 percent by close of trading in Frankfurt, just days after domestic rival Volkswagen reported its first quarterly loss since the pandemic.
CEO Oliver Zipse said BMW was proving itself "resilient" despite numerous difficulties.
These included "a shifting geopolitical framework with trade impacts such as tariffs, as well as a rapidly evolving market in China," he said.
In the July-September period, BMW posted an operating profit margin in its auto unit, closely watched by investors, of 5.2 percent, compared to 2.3 percent in th

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