BERLIN (Reuters) - BMW's net profit crashed by over a third in 2024 to 7.68 billion euros ($8.32 billion), in line with an LSEG forecast, after a combination of weak sales in China and Germany as well as delivery hold-ups because of problems with a brake dented performance.

The premium carmaker expects its earnings margin for cars to be 5-7% in 2025, at best a slight increase from last year's 6.3%, it said on Friday, anticipating intensifying trade wars and the continuation of tough competition in China.

($1 = 0.9221 euros)