BMW

BMW lowered its profit margin expectations for its automotive segment for 2022 due to the war in Ukraine, the German carmaker said on Wednesday. BMW Group now predicts growth of earnings before interest and taxation (EBIT) in its car segment…

The BMW i3 electric hatch is on its way out (it’s already been dropped in the U.S.), but its nameplate will live on by being utilized by an electric version of the 3-Series. Prototypes for the electric 3-Series have been…