BMW - no comment on CEO reported earnings outlook

Newswire

FRANKFURT, Oct 31 (Reuters) - BMW had no immediate comment on Monday on a report citing Chief Executive Helmut Panke as saying he saw 2005 earnings flat to 10 percent lower. Dow Jones Newswires quoted Panke as making the comment in a meeting on Friday with editors of the news agency and the Wall Street Journal newspaper. The German luxury carmaker has in the past forecast roughly flat pretax and net profit in 2005.

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