BMW reports 29% drop in profits

Jul 31st 2025 3:29pm EDT

Germany’s auto sector has been struggling with soaring energy costs, US tariffs, and rising competition German auto giant BMW has reported a sharp drop in first-half profits, as US tariffs, weak demand, and mounting competition from China took a toll on earnings. The company posted a profit after tax of €4 billion ($4.6 billion), down […]

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