Born and raised in Canberra, Jordan has worked as a full-time automotive journalist since 2021, being one of the most-published automotive news writers in Australia earlier than becoming a member of CarExpert in 2024. Citing both recall prices and dwindling demand in China, BMW is cutting its automotive segment’s 2024 earnings earlier than interest and taxes margin, an important profitability metric, to 6% to 7% — down from a previous vary of 8% to 10%. And the corporate now expects its annual return on capital employed to be between 11% and 13%, down from 15% to 20%. If a malfunction …