scorecardresearchBMW profits drop as China lockdowns knock production

BMW profits drop as China lockdowns knock production

Updated: 03 Aug 2022, 12:01 PM IST
TL;DR.
  • BMW CEO Oliver Zipse recognised unfavourable conditions but said in a statement the Munich-based group had shown a high degree of resilience.
FILE PHOTO: A BMW i4 Electrical car is seen during a visit of the German Economic and Climate Protection Minister at the BMW plant in Munich, Germany, January 20, 2022. REUTERS/Lukas Barth/File Photo

FILE PHOTO: A BMW i4 Electrical car is seen during a visit of the German Economic and Climate Protection Minister at the BMW plant in Munich, Germany, January 20, 2022. REUTERS/Lukas Barth/File Photo