After a tense election cycle that saw twists and turns akin to a Six Flags roller coaster, millions of Americans flocked to the polls to decide between Vice President Kamala Harris and former President Donald J.

BMW AG and Porsche AG led German automaker shares lower over concerns the US will hike tariffs on imported cars after Donald Trump returns to the White House.Most Read from BloombergParis Restricts Through Traffic in City CenterFrom Housing to Immigration,

Technical problems with braking systems and weak demand in China saw third quarter profits fall 84% on the year to €476 million ($512 million) at German carmaker BMW in results published on Wednesday.

BMW reported an 84% drop in quarterly profits, primarily due to declining sales in China and a costly vehicle recall affecting 1.5 million cars. Overall sales decreased by nearly 16%, and the company faces ongoing challenges in the competitive auto market.