BMW (BMW GY) Q1 deliveries -3.5% Y/Y to 565,748 units
BMW's Q1 deliveries declining by 3.5% year-over-year signals potential challenges in meeting market demand, particularly highlighted by a sharp drop in battery electric vehicle (BEV) sales by over 20%.
The BoJ is said to be considering a sharp increase to its price forecast this month, while weighing a possible growth outlook cut due to high oil prices, Bloomberg reports
BoE's Mann says concerned that a price shock could show up in wage expectations; inflation expectations are very volatile if CPI is above 3-3.5%
BMW (BMW GY) Q1 deliveries -3.5% Y/Y to 565,748 units
China will refine its drug pricing system with 14 measures, Xinhua reports
The ECB is urging EU governments to fast-track common deposit insurance to break the impasse in banking integration while warning against softening guardrails to boost competitiveness, the FT reports
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- Q1 group BEV sales -20.1% Y/Y
- Sales of BMW and Mini brands +3% Y/Y in Europe, -4.3% in the US, -10% in China
While sales grew in Europe, the declines in key markets like the US and China may suggest a shifting competitive landscape and could influence investor sentiment towards the sector and BMW's outlook.
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