Q2 saw revenue of EUR 31.3 billion and a 35% drop in EBT, driven by sharp declines in China and Asia-Pacific, despite growth in Europe and the U.S. Cost reduction and restructuring are underway, with a focus on electrification and a local-for-local strategy.Based on Bayerische Motoren Werke AG [BMW…
Q2 saw revenue of EUR 31.3 billion and a 35% drop in EBT, driven by sharp declines in China and Asia-Pacific, despite growth in Europe and the U.S. Cost reduction and restructuring are underway, with a focus on electrification and a local-for-local strategy.
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