Spartanburg
- 4h ago
BMW deliveries fall 6.3% in third quarter as China sales slump 24.8%
BMW delivered 551,072 vehicles worldwide in the third quarter, down 6.3% on the year, as China sales fell 24.8% to 114,355 cars in a price war with local rivals. Europe and the United States grew.
- Sep 30
BMW cuts 20% of management roles and sets 2028 profit margin target of up to 5%
BMW announced plans on 30 September 2026 to cut 20% of its divisions and management posts by mid-2027, deploying artificial intelligence to lower costs and target a 3% to 5% operating margin by 2028.
