BMW meets 2022 pretax earnings target -Focus magazine citing CFO

met its 2022 target for significantly higher pretax earnings than in the previous year, Focus Money magazine reported on Sunday, citing the German carmaker's chief financial officer.

"We had no reason to correct the forecasts ... Otherwise we wouldn't be sitting here so relaxed," CFO Nicolas Peter was quoted as saying by Focus Money magazine. The carmaker, which is due to publish its full-year results in mid-March, was not immediately available to confirm the report. Peter said demand was very robust in America and that Europe's order backlog was still high but new orders were weakening in the United Kingdom and Germany. "France and Spain are doing better," he told Focus Money.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

California: Plug-In Car Sales Surged To 24% Market Share In Q4 2022New vehicle sales in California (and in the US) decreased during the fourth quarter and the full year of 2022, but that does not concern plug-in electric cars. Any updates/predictions on the future of HOV stickers for next year? I’m buying out my PHEV lease this month because my sticker lasts until 2024. Then, not sure what to do.
Source: InsideEVs - 🏆 579. / 51 Read more »