By Joseph Branch in Economics News —

BMW reported the first quarter of this year

BMW reported the first quarter of this year
Photo by Mattia Righetti / Unsplash

Revenue: €31.14 billion (forecast €30.84 billion)
Automotive revenue: €26.73 billion (forecast €27.08 billion)
EBIT: 3.39 billion euros (forecast 2.9 billion euros)

The company sees no easing of chip supply bottlenecks until the 2nd half of the year.