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Bayerische Motoren Werke : BMW's Q2 Profits Down Due to Decreased China Demand

08/04/2015 | 07:43am US/Eastern

The company attributed the fall to weaker demand in China, which outweighed the benefits of a weaker Euro. Core earnings in the three months to the end of June were 2.52 billion euros.
The drop in earnings was despite a weaker euro helping to drive a 20% jump in group sales to 23.9 billion euros. German news agency DPA reported today that the global car deliveries of its flagship BMW, compact urban Mini and top-of-the-range Rolls-Royce brands rose 7.5% to 573,079. (QNA)

(c) 2015 Qatar News Agency . All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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