BMW's sales rev up, but net income stays flat
Article Abstract:
BMW AG of Germany posted flat revenue for 2005 as net profit was 2.239 billion Euros ($2.67 billion) down from 2.242 billion Euros in 2004. Record automobile sales rose 5.2 percent to 46.66 billion Euros. Revenue effects were due to negative currency factors and increased costs for raw-materials.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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BMW keeps sector lead as 2007 sales rose 9.2%
Article Abstract:
BMW AG reported a 9.2% increase in total sales for 2007, reaching 1.5 mil vehicles. BMW brand sales rose 7.7% to 1.28 mil vehicles, while Mini sales climbed 19% to 222,875 cars. The figures ensure that BMW remains the world's top-selling premium automobile manufacturer.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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BMW's earnings rise 17%; new competition may test sales
Article Abstract:
BMW AG of Germany posted a soaring 17 percent increase in second quarter profit to 787 million Euros ($1.01 billion) from 670 million Euros last year. Financial projections are subject to stiff competition in the automobile market.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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