BMW (BMW GY) Q4 sales 667.9k vehicles, -4.1% Y/Y. Strong performance in Europe, US and with electrified models
BMW's Q4 sales saw a decline of 4.1% year-on-year to 667.9k vehicles, primarily due to subdued demand in China, but this was offset by robust performances in Europe and the US, particularly in electrified models.
BofA Flow Show (USD): Bull & Bear Indicator remains at 9.0
US GOP is reportedly pushing ahead to prevent China from getting access to US tech such as chips, via Axios
BMW (BMW GY) Q4 sales 667.9k vehicles, -4.1% Y/Y. Strong performance in Europe, US and with electrified models
Greek Industrial Production YoY (Nov) Y/Y 2.6% vs. Exp. 5.1% (Prev. 6.4%)
China is to cancel VAT export rebates for solar panel products from 1st April 2025; battery export rebate cut to 6% (prev. 9%) until the end of 2026, but will be fully removed from 1st January 2027
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- Subdued China demand offset by other regions.
This indicates a resilient demand in key markets, despite challenges in China, which could impact overall sentiment toward the auto sector and future guidance on production and inventory levels.
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