We cannot remember BMW having to release a profit warning during the last decade or so. This positive environment has ended with WLTP. It has forced the entire industry to get rid of shelf warmers. Whereas BMW had previously given the impression that it had adopted WLTP test procedures early on, today’s profit warning tells a different story.
25 Sep 2018
Profit warning for 2018, the first in probably a decade
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Profit warning for 2018, the first in probably a decade
Bayerische Motoren Werke AG (BMW:WBO) | 0 0 0.6% | Mkt Cap: 57,166m
- Published:
25 Sep 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
We cannot remember BMW having to release a profit warning during the last decade or so. This positive environment has ended with WLTP. It has forced the entire industry to get rid of shelf warmers. Whereas BMW had previously given the impression that it had adopted WLTP test procedures early on, today’s profit warning tells a different story.