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Home>BMW Profit Falls on China, Higher Costs-- 3rd Update

BMW Profit Falls on China, Higher Costs-- 3rd Update

3party Content

Tue, 4 Aug 2015

By Friedrich Geiger BERLIN-- BMW AG on Tuesday has reported a decline in second-quarter profit due to rising costs and tougher competition in China and the U.S. that forced the luxury auto maker to sell its cars at lower prices. Net profit fell 1.1% to EUR1.74 billion ($1.91 billion) in the three
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