Business and MoneyMalaysiaHeat 54
BMW profit falls as Chinese competition bites
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BMW's third-quarter net profit fell about 15% to 1.45 billion euros, and sales dropped almost 6% to 30.45 billion euros, per Free Malaysia Today. The report links the decline to Chinese competition.
Timeline
- Free Malaysia Today reports BMW profit drop
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- BMW profit falls as Chinese competition bitesFree Malaysia Today