BMW denies report over cut in 2005 profit target

Newswire

FRANKFURT, Oct 31 (Reuters) - BMW , the world's largest premium carmaker, denied on Monday a Dow Jones Newswires report that it expected 2005 earnings to be flat or down 10 percent on the year. "There is no change in our guidance. It remains the same -- profits will be roughly on the same level as last year," a spokesman said. Dow Jones had quoted Chief Executive Helmut Panke as saying that earnings this year would range between flat and down 10 percent in comments he had made with ...

Premium Content (PAID Subscription Required)

"BMW denies report over cut in 2005 profit target" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×