Overview
- After nine months, BMW reported €5.7 billion in profit after tax, ahead of Mercedes at €3.9 billion and the Volkswagen Group at €3.4 billion.
- Quarterly revenue edged down 0.3% to €32.3 billion, while the automotive margin improved by 2.9 percentage points to 5.2%.
- Shares rose as much as 2.6% on the results, with JPMorgan highlighting early signs of sales stabilization in China.
- BMW credits flexible production of electric and combustion models for resilience, reports roughly one in four sales in Europe as fully electric and 18% globally, and says it will meet EU CO₂ targets this year.
- Despite the stronger quarter, BMW cut its full‑year outlook in October as competitive pressure from Chinese EV makers and higher European costs weigh on the sector.