China, the USA and Germany are BMW’s single largest markets. These accounted for 28%, 14% and 13%, respectively, of the group’s deliveries from January through July 2019. Although two of these markets showed strong growth, the worldwide growth rate was negative in both the last month and ytd when excluding the number of vehicles delivered by BBA, the Chinese joint-venture. Consequently, BMW’s consolidated accounts must have suffered.
13 Aug 2019
Substantial growth in Germany and China did not compensate
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Substantial growth in Germany and China did not compensate
Bayerische Motoren Werke AG (BMW:WBO) | 0 0 0.6% | Mkt Cap: 57,166m
- Published:
13 Aug 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
China, the USA and Germany are BMW’s single largest markets. These accounted for 28%, 14% and 13%, respectively, of the group’s deliveries from January through July 2019. Although two of these markets showed strong growth, the worldwide growth rate was negative in both the last month and ytd when excluding the number of vehicles delivered by BBA, the Chinese joint-venture. Consequently, BMW’s consolidated accounts must have suffered.