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China propels BMW to strong profits, Germany lags | iNFOnews | Thompson-Okanagan s News Source

David McHugh May 07, 2021 - 8:37 AM FRANKFURT - Booming sales in China helped propel German luxury carmaker BMW to stronger profits in the first three months of the year even as its home market Germany trailed the ongoing recovery in global car markets from the worst of the pandemic shutdowns. BMW said that its sales in China nearly doubled in the quarter to 230,120 vehicles, partly reflecting the shutdowns in early 2020 as China was hit first by the pandemic. Sales in the overall Asia region however exceeded even pre-pandemic levels. Sales were up by double-digit percentages in most of Europe and in the US. An exception was the company s home market in Germany, where sales dropped 5%. The earnings underscored the German auto industry s strong connections with China; competitor Volkswagen said Wednesday that it recorded a 61% increase in first-quarter unit sales there, helping it sharply increase profits.

David mchughNicolas peterOliver zipseFinancial officer nicolas peterடேவிட் மகஂகூநிக்கோலாஸ் பீட்டர்நிதி அதிகாரி நிக்கோலாஸ் பீட்டர்

China propels BMW to strong profits, Germany lags - Medicine Hat NewsMedicine Hat News

China propels BMW to strong profits, Germany lags - Medicine Hat NewsMedicine Hat News
medicinehatnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medicinehatnews.com Daily Mail and Mail on Sunday newspapers.

David mchughNicolas peterOliver zipseAssociated pressFinancial officer nicolas peterடேவிட் மகஂகூநிக்கோலாஸ் பீட்டர்தொடர்புடையது ப்ரெஸ்நிதி அதிகாரி நிக்கோலாஸ் பீட்டர்

BMW Board of Management expects sales boost in 2021

BMW Board of Management expects sales boost in 2021 Home » News » BMW Board of Management expects sales boost in 2021 Despite the ongoing global pandemic, BMW Group is optimistic for the foreseeable future. According to a report by Handelsblatt, BMW Chief Financial Officer Nicolas Peter says that the 2021 global sales are expected to increase by 5 to 10 percent. Furthermore, BMW is targeting the upper end of this range. The nearly 10 percent increase will bring BMW’s total sales at the 2019 levels, the highest sales ever achieved by the Bavarians. The message is clear though: despite the difficulties in the world and certainly in the automotive market, BMW is marching ahead and looking towards the future.

Nicolas peterFinancial officer nicolas peterAutomotive segmentFree cash flowநிக்கோலாஸ் பீட்டர்நிதி அதிகாரி நிக்கோலாஸ் பீட்டர்தானியங்கி பிரிவுஇலவசம் பணம் ஓட்டம்

BMW profit takes pandemic hit, despite China rebound

BMW profit takes pandemic hit, despite China rebound
autonews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autonews.com Daily Mail and Mail on Sunday newspapers.

Bankhaus metzlerNicolas peterOliver zipseJuergen pieperFinancial officer nicolas peterGeneral motorsMini cooperபாங்க்ஹாஸ் மெத்ஜ்லேர்நிக்கோலாஸ் பீட்டர்ஜூர்கன் பைபர்நிதி அதிகாரி நிக்கோலாஸ் பீட்டர்ஜநரல் மோட்டார்கள்மினி கூப்பர்

BMW deliveries dropped only 8 4 percent in 2020

BMW deliveries of new cars dropped by 8.4 percent last year, to a total of 2.33 million cars, numbers accounting for the entire group.

Nicolas peterOliver zipseFinancial officer nicolas peterநிக்கோலாஸ் பீட்டர்நிதி அதிகாரி நிக்கோலாஸ் பீட்டர்