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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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…
నమ్మకమైన ప్రచురణకర్తల తాజా వార్తలను సంక్షిప్త సారాంశాలతో చదవండి. వివరాల కోసం అసలు మూల లింక్ను తెరవండి.