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BMW warns on profits as it counts cost of plan for 8,000 job cuts

German carmaker slashes profit margin to between -0.5% and 0.5% this year in face of competition from China The German carmaker BMW has issued its second profit warning in a year, blaming the costs of a restructuring programme including significant job losses in the face of continuing competition from China. The company is the latest to issue a profit downgrade in the German car sector, after Mercedes-Benz last…

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BMW warns on profits as it counts cost of plan for 8,000 job cuts
ಚಿತ್ರ: The Guardian Business

ಸುದ್ದಿಯ ಸಾರಾಂಶ

German carmaker slashes profit margin to between -0.5% and 0.5% this year in face of competition from China The German carmaker BMW has issued its second profit warning in a year, blaming the costs of a restructuring programme including significant job losses in the face of continuing competition from China. The company is the latest to issue a profit downgrade in the German car sector, after Mercedes-Benz last…

ವಿಶ್ವಾಸಾರ್ಹ ಪ್ರಕಾಶಕರ ಇತ್ತೀಚಿನ ಸುದ್ದಿಗಳನ್ನು ಸಂಕ್ಷಿಪ್ತ ಸಾರಾಂಶಗಳೊಂದಿಗೆ ಓದಿ. ವಿವರಗಳಿಗೆ ಮೂಲ ಲಿಂಕ್ ತೆರೆಯಿರಿ.

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