Germany: BMW advances Q2 Auto EBIT 83%

Despite a quarter-on-quarter slowing in revenue and earnings growth in Q2, BMW has nevertheless reported a strong financial performance in the April-June 2011 period, with group revenue and EBIT up 16.5% and 66.3% year-on-year, respectively. The company has also reiterated the upgraded forecasts for the full year first outlined in Subscribe to Automotive World to … Continued

• By Webmaster
• August 2, 2011