BMW is expected to report its third-quarter automotive operating margin rose to 7.9% after posting a loss in its core business a year earlier, a Reuters poll showed.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Quarterly earnings before interest and tax (EBIT) at its auto business should surge to EUR1.01bn (US$1.40bn) on revenue of EUR12.69bn, according to the average estimate of 17 banks and brokerages surveyed by the news agency.
Daimler’s Mercedes posted a very strong third-quarter EBIT margin of 9.5% while Bavarian luxury rival Audi managed an 11.2% operating return on revenue – a level so high analysts questioned whether this could be sustained in the future.
