BMW 3rd Quarter Profit Falls 74%
AP
Published: November 3, 2009
Updated: November 3, 2009
Published: November 3, 2009
Updated: November 3, 2009
FRANKFURT (AP) - German carmaker BMW AG says its net profit for the third quarter fell 74 percent to euro78 million ($115 million) as a result of the global economic downturn.
BMW, the world’s biggest luxury car company by sales, says Tuesday it delivered 7.2 percent fewer cars during the
July-September period and that its revenue fell 6.6 percent to euro11.8 billion.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
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