BMW adjusts 2024 outlook due to brake system issue that impacts about 1.5 million vehicles globally
The impact from IBS issues and subdued demand in China leads to adjusted vehicle delivery and earnings forecasts for BMW
BMW has revised its financial outlook for the 2024 fiscal year, attributing the change primarily to unforeseen challenges within its Automotive Segment, the Germany-based automaker said in a press release on Sept. 10.
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