XTRA:BMWAuto
Assessing BMW (XTRA:BMW) Valuation As Neue Klasse Cost Cuts And iX3 Demand Gain Traction
Bayerische Motoren Werke (XTRA:BMW) is back in focus after executives outlined progress on reducing research and production costs for its Neue Klasse electric vehicle platform, supported by strong iX3 order intake and added capacity in Hungary.
See our latest analysis for Bayerische Motoren Werke.
The latest update on Neue Klasse comes after a weaker first quarter, where sales of €21,170 million and net income of €1,622 million were below the prior year. A year-to-date share price return that...