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Considerations are at an early stage and Blackstone may still decide against pursuing a deal, a report said
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BMW recalls 1.5 million vehicles over brake problem, cuts outlook
The auto giant also lowered its guidance for profitability
Photo: AFP
BMW said Tuesday it was recalling about 1.5 million vehicles due to problems with their brakes, prompting the German luxury carmaker to cut its outlook for the year.
The auto giant said vehicle deliveries in 2024 would now come in slightly lower than the previous year, after having earlier expected an increase. It also lowered its guidance for profitability.
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