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BMW Q3 hit by upfront expenditure for electric car development BMW

Wednesday, November 07, 2018 - 01:41

German carmaker BMW on Wednesday reported a 27 percent drop in third-quarter operating profit to 1.75 billion euros ($2 billion), missing analyst expectations amid currency headwinds and higher research and development expenses. Francis Maguire reports.

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German carmaker BMW on Wednesday reported a 27 percent drop in third-quarter operating profit to 1.75 billion euros ($2 billion), missing analyst expectations amid currency headwinds and higher research and development expenses. Francis Maguire reports.

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BMW Q3 hit by upfront expenditure for electric car development BMW

Wednesday, November 07, 2018 - 01:41