BMW Warns Profits Will Fall Due to Costs, Trade Uncertainty

News
German automaker BMW said Wednesday that profits in 2019 would
be “well below” last year’s and that it planned to cut 12 billion
euros ($13.6 billion) in costs by the end of 2022 to offset
spending on new technology.
Contributed Author: 
David McHugh, Associated Press
Topics: 

Source: FS – Machinery
BMW Warns Profits Will Fall Due to Costs, Trade Uncertainty



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