BMW profit drops 29% on weak China demand
BMW Group reported a 29% YoY decline in net profit to 4 billion euros ($4.36 billion) in H1 2025, with revenue down 8% to 67.7 billion euros ($73.8 billion). The dip was driven largely by sluggish demand for high-end models in China, where sales fell 15.5%. While global deliveries remained stable at over 1.2 million units, EV sales rose 18.5% to 318,900 units. BMW’s Q2 automotive EBIT margin shrank to 5.4% from 8.4% a year ago. CEO Oliver Zipse emphasized the firm’s long-term commitment to electrification, with over 40 new models planned by 2027.