BMW Sees Profit Margin as Low as 1% as China Demand Weakens

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Bloomberg Markets 7 hours ago • bloomberg.com

BMW Sees Profit Margin as Low as 1% as China Demand Weakens

BMW said its profit margin will fall to as little as 1% this year as weakening Chinese demand and fallout from the Middle East conflict take a growing toll. The German automaker plans additional cost savings beyond those…

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