Bmw Sales And Profit Targets

BMW remains on course to meet its profit targets for 2021 despite rising raw material costs, though the global chip shortage will worsen and may hit production in the second quarter, the German carmaker said.

German top-of-the-range carmaker BMW said today it was on track to meet its full-year sales and profits targets, but that the slowing Chinese economy and the precarious state of the Russian market posed challenges for the future.

BMW remains on course to meet its profit targets for 2021 despite rising raw material costs, though the global chip shortage will worsen and may hit production in the second quarter, the German carmaker said.

German top-of-the-range carmaker BMW said today it was on track to meet its full-year sales and profits targets, but that the slowing Chinese economy and the precarious state of the Russian market posed challenges for the future.