BMW loses 29% profit in Q1, third year decline in a row!

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German massacre

The results of the German car manufacturers, BMW, Mercedes and Audi are in for the first quarter of 2025. And the good news is, BMW only lost 29 % profits compared to last year. Audi and Mercedes did even worse!

BMW lost 8 % in revenue, and lost profit for the third year in a row. The German car industry is having a very bad time. And it has multiple reasons, first of all, the obligatory electrification of the car market Europe created an overly expensive car market for a society that is plagued by inflation and high interest rates, and therefore a demand issue.

Together with a flood of cheap cars from China and Korea, the problem is bigger than expected.