Like all other car producers, BMW has delivered disappointing earnings and the rate of profit decline accelerated from Q1 to Q2. As this has not only been a phenomenon of most European car manufacturers, it seems to us that the car market is very close to its top and that the companies are trying whatever they can to sell their vehicles.
02 Aug 2018
BMW delivered falling profits that were below our projections
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BMW delivered falling profits that were below our projections
Bayerische Motoren Werke AG (BMW:WBO) | 0 0 0.6% | Mkt Cap: 57,166m
- Published:
02 Aug 2018 -
Author:
Hans-Peter Wodniok -
Pages:
3
Like all other car producers, BMW has delivered disappointing earnings and the rate of profit decline accelerated from Q1 to Q2. As this has not only been a phenomenon of most European car manufacturers, it seems to us that the car market is very close to its top and that the companies are trying whatever they can to sell their vehicles.