) has posted a 13% slide in third-quarter group-wide sales due in part to a steep slide in demand in China and a"globally challenging market."
Delivery stops linked to a braking system recall that impacted more than 1.5 million vehicles worldwide"significantly" dented its performance in the third quarter, BMW noted. At the time, BMW said the financial hit would be in the"high three-digit million amount" for the third quarter. However, BMW Board of Management member Jochen Goller said the firm's fully-electric offerings are"winning over customers," citing a 19.1% uptick in battery-powered EVs over the first nine months of the year. Sales in Europe also grew during that timeframe, Goller noted.Scan QR code to install app
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: