Negative
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Invezz
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3 months ago
Shares of BMW fell 7% on Tuesday after the German luxury carmaker issued a sweeping profit warning, citing worsening market conditions in China and the impact of geopolitical tensions in the Middle East. The decline pushed BMW shares to their lowest level since November 2020 and dragged other European automakers lower, with Volkswagen and Mercedes-Benz also coming under pressure as investors re...