BMW Profits Surge Nearly Fourfold
Driven by resurgent demand in the U.S. and fast-rising sales in China, BMW saw its first-quarter profits increase fourfold, TheDetroitBureau.com reports.
View ArticleBMW Eyes Record Sales, Profits
For shareholders, BMW CEO Nortbert Reithofer is promising a year of record profits, but even as the maker pushes into battery power, the executive promises buyers BMW won't abandon its commitment to...
View ArticleBMW Sets Sales and Profit Records
It wasn't perfect. There were a few minor problems but 2011 saw BMW set records for sales, unit volume and earnings. And, as TheDetroitBureau.com reports, the maker is forecasting another record year...
View ArticleBMW Sees Big Year Ahead
It was a great year for BMW - but the Bavarian maker sees an even better one ahead as it launches an array of new products including the new 3-Series and its first-ever 4-door coupe. But, as...
View ArticleBMW Earnings Fall 8.8% on Weak European Sales, Product Investments
Despite a double-digit sales gain in the United States and China, BMW posted a disappointing 8.8% earnings drop in the second quarter. The automaker pointed to a stalled European car market and capital...
View ArticleChina, Europe Lead BMW to Q1 Profitability
BMW turned strong sales in China and a nice rebound in Europe into an 8.4% increase in profit before taxes in the first quarter of the year. First-quarter sales in Europe rose 3.4%. Asia sales were up...
View ArticleBMW Rides US, European Sales to Strong First Quarter
BMW enjoyed strong SUV sales in the first quarter and rode them to 12.6% sales increase in the U.S. and to a 4% jump in global net profits. The German maker added it expects to be the top-selling...
View ArticleBMW Profits Fall as China Auto Sales Soften
BMW AG has enjoyed rapid growth in China in recent years, but demonstrated the down side of its Chinese partnerships as its quarterly earnings dropped due to the softening Chinese automotive market....
View ArticleBMW Rides Strong European, Asian Sales to Q2 Profits
The BMW Group posted record net income, sales and revenue for the second quarter, while maintaining impressive margins and riding a wave of strong sales in Europe and Asia. Go to TheDetroitBureau.com...
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