Strong increase in earnings and margin following full consolidation of China joint venture
Munich. The BMW Group further strengthened its competitive position as well as its profitability in the first quarter of 2022, thanks to sustained high demand for its premium vehicles. The company’s quarterly financial statements also include positive effects from the full consolidation of the Chinese joint venture, BMW Brilliance Automotive Ltd (BBA), as previously announced. […] May 06, 2022 at 12:30AM