Tag: Indian Auto exposure to BMW

BMW Guidance Cut: Here is how much Indian Automakers are exposed to the German giant – CNBC TV18

Select Indian automakers and component suppliers are currently under pressure due to the ongoing crisis faced by German automakers BMW and Volkswagen. BMW recently cut its EBIT margin guidance for 2024 to between 6% to 7% from the 8% to 10% range earlier. EBIT margin for the motorcycle segment is also likely to be in […]

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