Jonathan Storey offers a deep dive into BMW’s latest financial results
BMW has reported a 37% fall in group operating profit for 2024, mainly due to weaker sales caused not only by market conditions, particularly in China, but also by a significant impact from the pausing of some deliveries from Q3 onwards, to rectify problems with the Integrated Braking System, supplied by Continental. The group operating margin fell by 3.8 points to 8.1%.
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Monica Cowan is the host of the WDB Podcast and writes about news in the above categories. She was born and raised in Cleveland, Ohio, where she studied journalism at Ohio State University.
In her spare time, Monica enjoys cooking and baking (especially cupcakes), reading fiction novels, playing tennis, and yoga classes with friends,