BMW’s Margin Spikes

Posted on by http://wealthcreation.club
🇩🇪 🇩🇪 BMW posted a margin of 9.8% in the third quarter for its luxury car business. Analysts estimated it would reach 9.63%. BMW’s results offer a potential bright spot for Germany’s car industry, which is feeling the pressure of higher interest rates, weakening demand and persistent inflation. Mercedes-Benz Group AG reported last week a drop in margins

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