BMW Earnings Rise as New Models Reach Showrooms – Wall Street Journal (subscription)

Posted: Thursday, April 20, 2017

BERLIN—BMW AG said pretax earnings rose 27% in the first quarter as the luxury car maker benefited from one-off financial gains and strong earnings in China, but investment in technology and new models hit profitability at its core automotive division.

The mixed report on Thursday came after repeated warnings from BMW regarding weaker margins, as the German company invests in new models and technology to build self-driving electric…

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