Thursday, November 03, 2005

BMW Reports Drop in 3Q Net Profit (AP via Yahoo! Finance)

BMW profit falls 6.5% on writedown, margin (CBS Market Watch)
LONDON (MarketWatch) - BMW AG on Thursday said third-quarter net profit fell 6.5%, hurt by the valuation of an option on a Rolls-Royce bond as well as declining profit margins.

BMW Q3 pretax profit falls 16.9 pct (Reuters via Yahoo! News)
BMW , the world's biggest premium carmaker, reported a drop in third-quarter pretax profit that was worse than expected after poor results in its core auto business and a loss on a financial instrument.

Mixed Fortunes For Panke's BMW, Pischetsrieder's VW (Forbes)
BMW loss worse than expected, while VW cost-cutting pays off.

BMW profit falls 6.5% on write-down, margins (Investors.com)
LONDON (MarketWatch) - BMW AG on Thursday said its profit fell 6.5%, hurt by the valuation of an option on a Rolls-Royce bond as well as declining profit margins.

BMW Reports Drop in 3Q Net Profit (ABC News)
BMW Posts Lower 3Q Net Profit on Higher Raw Material Costs As Sales Increase

BMW to Build an Assembly Plant in India (AP via Yahoo! News)
Automaker BMW AG said Wednesday it will build an assembly plant in India and expand its network of dealerships in the country.

BMW Reports Drop in 3Q Net Profit (AP via Yahoo! Finance)
Automaker BMW AG on Thursday posted a lower third-quarter net profit, citing the higher cost for raw materials to make its cars, but said sales increased some 11 percent. The company confirmed its outlook for the rest of 2005.

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