BMW expects sales dent as inflation hits consumer buying power
Source: Reuters
BERLIN, Nov 3 (Reuters) - German premium carmaker BMW (BMWG.DE) reported better than expected quarterly net profit on Thursday thanks to high car prices but warned that rising inflation and interest rates would start to weigh on sales in the coming months.The higher profit comes despite lower sales volumes as supply chain issues including the semiconductor chip shortage that has curtailed output for carmakers…
