BMW posts higher earnings

BMW i7 xDrive60 1.jpg — BMW's automaking returns are expected to pick up after the launch this year of the new generation of its flagship 7 Series, including the i7 full-electric variant, shown.

By:

Bloomberg

May 05, 2022 06:33 AM

BMW said earnings rose 12 percent in the first quarter even as the war in Ukraine and COVID lockdowns in China disrupted the automaker’s supply chain.

Featured Stories

Auto industry innovation shines through PACE Award and PACE Pilot finalists

Honda considers making 90% of U.S. sales locally by relocating Mexico, Canada production, report says

Mazda to ‘pause’ production of CX-50 for Canada amid tariff spat

Stellantis said to be closing in on new CEO with shortlist of five candidates

Latest News

Automakers that keep building in Canada to get tariff exemption

2025 Subaru Forester Hybrid: An upgrade with a green payoff

Stellantis shareholders approve $26 million payout to ex-CEO Carlos Tavares despite protests

Groups, dealerships work to recruit more female service technicians

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Automotive News Europe Congress panel: A Bumpy Road to Electrification

GM to idle CAMI BrightDrop plant in Ontario for 5 months

Take a look at how tariff stacking impacts vehicles and parts

EU, China explore minimum prices for Chinese EVs to replace tariffs

Staying current is easy with newsletters delivered straight to your inbox.