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NDTV PROFIT - LATEST · INDIAN ·

BMW Forecasts Margin as Low as 1%, Sending Stock Tumbling

As reported by NDTV Profit - Latest
BMW forecasts profit margins as low as one percent this year due to declining Chinese demand and Middle East conflict impacts.
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BMW has announced a forecast for its profit margins this year to be as low as one percent. This significant reduction is primarily due to a slowdown in demand from China and the ongoing conflicts in the Middle East. Consequently, the company's stock has experienced a noticeable…

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