While BMW expects sales to increase in the second half of the year, the automaker said total deliveries will fall short of the 2021 record of 2.52 million units for the group as a whole, not without adding that the tightening of sanctions against Russia, the interruption of gas supplies or the possibility of a prolongation of the war in Ukraine were not taken into account in his forecasts.
In addition, despite the increase in turnover due to the results of the Chinese joint venture BMW Brilliance, the brand reported a 31% drop in its profit before interest and taxes in the second quarter, which stood at 3.4 Billions of Euro's.
BMW
While BMW expects sales to increase in the second half of the year, the automaker said total deliveries will fall short of the 2021 record of 2.52 million units for the group as a whole, not without adding that the tightening of sanctions against Russia, the interruption of gas supplies or the possibility of a prolongation of the war in Ukraine were not taken into account in his forecasts.
In addition, despite the increase in turnover due to the results of the Chinese joint venture BMW Brilliance, the brand reported a 31% drop in its profit before interest and taxes in the second quarter, which stood at 3.4 Billions of Euro's.
While BMW expects sales to increase in the second half of the year, the automaker said total deliveries will fall short of the 2021 record of 2.52 million units for the group as a whole, not without adding that the tightening of sanctions against Russia, the interruption of gas supplies or the possibility of a prolongation of the war in Ukraine were not taken into account in his forecasts.
In addition, despite the increase in turnover due to the results of the Chinese joint venture BMW Brilliance, the brand reported a 31% drop in its profit before interest and taxes in the second quarter, which stood at 3.4 Billions of Euro's.
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