8 Hrs
Source:
الاقتصادية
Source: الاقتصادية
8 Hrsالاقتصادية
Source: الاقتصادية
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BMW has again warned that restructuring costs will weigh on profits, after its pre-tax earnings fell 11% in the third quarter to €2.1 billion. The operating margin in its automotive division dropped to 3.4%, and the company expects it to range between -0.5% and 0.5% for the year. BMW also plans to cut 8,000 jobs in Germany. Revenue fell 6% to €30.4 billion, while sales in China declined 22% in the first nine months.
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