BMW Group reported a jump in third-quarter earnings that beat expectations after higher vehicle prices and prioritizing its biggest money-spinning models helped the company offset output reductions due to the microchip shortage.
BMW Group reported a jump in third-quarter earnings that beat expectations after higher vehicle prices and prioritizing its biggest money-spinning models helped the company offset output reductions due to the microchip shortage.
The Trump administration’s tariffs have the potential to turn up the heat on a long-simmering auto industry problem: affordability.