Market Pulse - Europe
01 Aug
BMW profit margin narrows on China weakness
BMW reported a decline in its automotive segment's profit margin for the second quarter on Thursday, driven by increased competition and weakening demand in China, a crucial market for the German carmaker.
01 Aug
Volkswagen shares slip as it extends cost-cutting programme
Volkswagen shares declined on Thursday, after the German carmaker announced it would extend its cost-cutting measures beyond the second half of 2024.