BMW Is Back To Big Profits
Photo: Getty Images (Getty Images)
The Morning ShiftAll your daily car news in one convenient place. Isn t your time more important?
Advertisement
1st Gear: BMW Has Brushed Off The Pandemic
This time last year, automakers were in an absolute panic about their business, as most everyone was about almost everything. Fast forward to now and they have almost all bounced back quite nicely. The current problems aren’t that the pandemic has rendered them unable to build or sell cars but mainly global supply chain issues.
Luxury automakers have fared the best. That includes BMW, which said this week that it made a whole lot of money in the first quarter of 2021.