DiegoHarlock81 @DiegoHarlock81: "𝗕𝗠𝗪 𝗰𝘂𝘁𝘀 𝗴𝘂𝗶𝗱𝗮𝗻𝗰𝗲 𝗳𝗼𝗿 𝟮𝟬𝟮𝟰 $BMW.DE..."

Italy

Edited

𝗕𝗠𝗪 𝗰𝘂𝘁𝘀 𝗴𝘂𝗶𝗱𝗮𝗻𝗰𝗲 𝗳𝗼𝗿 𝟮𝟬𝟮𝟰 $BMW.DE (Bayerische Motoren Werke Aktiengesellschaft) has cut guidance for 2024 because of interruptions of delivery and technical problems connected to the integrated braking system (IBS) provided by a supplier. Weak demand from China is also having an impact on the sales volumes. The provider BMW is referring to is probably $CON.DE (Continental AG) , both stocks are down by 8% but the news are having an impact on many auto-makers and auto-parts makers, $STLAM.MI (Stellantis NV) is indeed down by 4%, $RNO.PA (Renault ) by 6% and $FR.PA (Valeo SA) by 7% at the time of writing. Follow an article covering the news with more numbers: breakingthenews.net/Article/BMW-drops-8-after-guidance-cut/62702105