BMW AG has had to lower expectations for the year after a faulty braking system from supplier Continental AG prompted a recall and halt to deliveries of some 1.5 million vehicles.
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September 10, 2024 - 15:47
BMW Cuts Outlook as Continental Brake System Forces Recall
By Pharos Investment Advisors Comments are Off
July 4, 2024 - 14:25
Continental AG shares jump 10% as German firm predicts boost from China
By Pharos Investment Advisors Comments are Off
Continental AG shares jumped 10% on Thursday after the German car parts manufacturer told analysts it expects strong growth in China, paired with its push to increase its margins and cut its costs, will boost its profits in the second quarter of 2024.
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