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…
बातमीचा सारांश
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…
विश्वसनीय प्रकाशकांच्या ताज्या बातम्या संक्षिप्त सारांशासह वाचा. तपशीलांसाठी मूळ स्रोताची लिंक उघडा.