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BMW Took Two Years to Find Extent of Brakes Defect Behind Recall
It took BMW AG more than two years to discover the extent of a braking system fault that is expected to cost the carmaker nearly €1 billion ($1.1 billion) to fix.
BMW braking system recall of 1.5M cars contributes to auto maker’s decision to cut back 2024 outlook
BMW is lowering sales and earnings targets for the 2024 fiscal year, in a move the luxury German car maker said was partially triggered by hefty expenses of addressing a braking system recall that impacts more than 1.
BMW cuts 2024 outlook on Continental brake issues, shares plunge
BMW cut its 2024 profit margin outlook on Tuesday due to sluggish demand in its key Chinese market and problems related to a braking system supplied by Continental , sending the carmaker's shares to a near two-year low.
BMW downgrades 2024 outlook over brake issues and weak demand in China
BMW cut its profit margin forecast for the year Tuesday due to sluggish demand in China, its key market, and problems related to a braking system supplied by Continental, sending the carmaker’s shares close to a two-year low.
BMW Recalls 1.5 Million Cars Over Braking System Issue
BMW is recalling 1.5 million vehicles worldwide across its three-brand lineup over a braking system issue, including 270,000 cars in the United States. The recall impacts selected cars built since August of 2022, including the BMW 5-Series and 7-Series, the Rolls-Royce Spectre, two Mini variants, and multiple BMW crossovers.
BMW Recalls 1.5 Mln Vehicles Over Braking System Issue
BMW (BMW.L) is recalling 1.5 million vehicles across five countries, including 270,000 cars in the United States, due to a braking
BMW Cuts Financial Targets on Recall Costs, Low China Demand
BMW lowered its sales and earnings targets, saying expensive measures to fix a braking-system problem and muted demand in the world’s largest car market would dilute its bottom line.
BMW recalls 1.5 mn cars over bad brake, cuts outlook
BMW said Tuesday it was recalling about 1.5 million vehicles due to problems with their brakes and cut its outlook for the year, sending the German luxury carmaker's shares tumbling.
15m
Hit by ‘overspeeding’ BMW & Merc, cab flips twice & U-turns
Mumbai: A pile-up involving three cars left one carriageway of Bandra-Worli sea link completely jammed for half an hour Sunday morning.
TopSpeed on MSN
17h
The Cheapest BMW GS Adventure Bike On The Market In 2024
Aside from being the cheapest, the G 310 GS’ price gives it a strong market position. It undercuts its arch-rival, the ...
1d
on MSN
BMW’s Design Team Gets a Massive Shake-Up. Will This Fix Things?
Heilmer will be a familiar name for BMW fans as he’s been Mini’s design leader since 2017. Now, he’ll lead BMW’s more ...
autoevolution
6h
Tuned BMW M3 Drag Races Mercedes-AMG G 63, Both Clock 13 Seconds
Had there been less dust on the runway, that mildly tuned M3 could have cracked into the 12s, besting the G 63's elapsed time ...
4d
on MSN
BMW Recall and VW Job Threat Deepen German Industry Crisis
German carmakers are sinking deeper into a crisis undermining the future of the country’s most important industry, with BMW ...
1d
on MSN
BMW iX3 review: A premium electric SUV that’s starting to feel its age
The BMW iX3 is an all-electric version of the popular BMW X3 large family SUV. The car has decent range and drives very nicely, but the competition is starting to catch up ...
autoevolution
1d
BMW's Black Death Adds Another Layer of Complexity for Those Shopping for Used BEVs
Some of the company's battery packs use a direct cooling system that can be affected by failing AC compressors. That creates ...
10h
on MSN
BMW share price: Rolls-Royce parent forms a dangerous pattern
The BMW share price has suffered a harsh reversal as the automobile industry goes through a difficult phase. It dropped for ...
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