|Bid||66.80 x 10100|
|Ask||67.00 x 10500|
|Day's Range||65.60 - 67.00|
|52 Week Range||55.20 - 85.30|
|Beta (5Y Monthly)||1.19|
|PE Ratio (TTM)||2.49|
|Forward Dividend & Yield||5.82 (8.70%)|
|Ex-Dividend Date||May 12, 2022|
|1y Target Est||N/A|
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German luxury car maker BMW (Bayerische Motoren Werke AG) (OTC: BMWYY) expects to reach the higher end of its 7-9% margin target for the cars business. BMW sees slight sales growth in 2023, Reuters reported, citing chief financial officer (CFO) Nicolas Peter. Remarking on BMW's performance in its largest market in China as a 'rollercoaster' year, the CFO added there was a demand recovery underway in the region. Also Read: BMW To Deploy Round Battery Cells For New EV Range - What's The Benefit? T
In 1997, I was going to college, studying mechanical engineering. The 2002 was an extraordinarily important car for BMW. In its day, the car changed the trajectory of the company, and kind of created the passion for a European compact sports sedan that still exists today.
While vehicle sales in Germany rise 3% y/y in August, it's no cause for optimism as the auto market of the country is on a bumpy road amid severe supply chain snafus and a weakening economy.