New SUV models boost BMW profits

New SUV models boost BMW profits

BMW’s new CEO delivered a 33% third-quarter operating profit rise as stronger SUV sales and the absence of the one-off factors which depressed earnings a year earlier lifted its earnings. CEO Oliver Zipse, who took over in August, said the company is on track to meet full-year targets. Sales of BMW’s passenger cars rose 3.6% in the quarter.

Simone
Simone
Andrew 1010
Andrew 1010 3 months

Now equipped with Blinkers!

Wholly
Wholly 3 months

"The Ultimate Driving Machine" my ass. SUVs are part of the problem. Invincible soccer moms getting 20 mpg and screeching about global warming is not an attractive future.

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