BMW Boosts Profit Margin for Cars in Third Quarter
22 Articles
22 Articles
BMW has tripled its profit in the third quarter, which looks better than it is due to problems a year ago. Nevertheless, Munich is comparatively stable. While large competitors report some severe profit cuts, BMW is comparatively stable due to the current crisis in the car industry. In the third quarter, the Group made 1.7 billion euros after taxes, as it reports. This is more than three times the value of the previous year. Although the massive…
BMW has tripled its profit in the third quarter. This looks better than it is a year ago due to problems. Nevertheless, Munich is comparatively stable.
BMW achieves record profits despite a competitive crisis. E-cars like the iX3 invigorate business in Europe.
BMW rejoices at the fact that they share the profits of the German competition. And in fact, the current business figures reflect the Munich-based electro-burner strategy. However, success is based on a fragile foundation – for these five reasons.
BMW has tripled its profit in the third quarter. This looks better than it is a year ago because of problems. Nevertheless, the Munich people are relatively happy about the crisis.
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