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Automotive

BMW lowers 2024 outlook amid technical, market pressures

September 12, 2024

BMW Group is lowering its annual projections for sales and car deliveries in response to an Integrated Braking System (IBS) defect that has affected over 1.5 million vehicles. Image credit: BMW Group BMW Group is lowering its annual projections for sales and car deliveries in response to an Integrated Braking System (IBS) defect that has affected over 1.5 million vehicles. Image credit: BMW Group

 

By Luxury Daily News Service

Germany’s BMW Group is rethinking its annual financial forecast.

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  1. 35pc of aspirational consumers reduced or paused luxury spending in past year: BCG, Altagamma
  2. Hermès makes fitness fabulous with Hong Kong pop-up
  3. Chrono24 names first-ever chief growth officer
  4. Follow @LuxuryDaily for the latest in luxury news
  5. Positive Luxury partners with Buyerdock
  6. LVMH to collaborate with authentication platform through startup program
  7. Ruinart launches product transparency platform in favor of traceability
  8. Burberry, The BRIT School honor emerging talent
  9. Givenchy debuts Matthew Williams-approved ambassador
  10. Dior selects new global ambassador
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