It took BMW AG more than two years to discover the extent of a braking system fault that is expected to cost the carmaker ...

BMW is lowering sales and earnings targets for the 2024 fiscal year, in a move the luxury German car maker said was partially ...

BMW is lowering sales and earnings targets for the 2024 fiscal year, in a move the luxury German car maker said was partially ...

The affected vehicles were produced between June 2022 and August 2024, per BMW, and several models are covered.

BMW AG cut its outlook for the year, saying a faulty braking system from a supplier prompted the recall of 1.5 million ...

BMW lowered its sales and earnings targets, saying expensive measures to fix a braking-system problem and muted demand in the ...

BMW is facing lots of problems, but none more serious than an Integrated Braking System recall that affects more than 1.5 ...

NEW YORK — BMW is lowering sales and earnings targets for the 2024 fiscal year, in a move the luxury German car maker said was partially triggered by hefty expenses of addressing a braking ...

Customers and dealers began complaining to the automaker about faulty brakes in June 2022, according to a recall document seen by Bloomberg News. But it was not until last month that BMW realized ...

BMW bosses have said this week that the hefty expense of addressing the recall could cost a 'high three-digit million (euro) ...