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BMW lowers 2024 outlook amid technical, market pressures

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

 

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