BMW sticks to targets after German strike

Newswire

MUNICH, June 30 (Reuters) - BMW said on Monday it was too early to put a figure on the effect of strikes in eastern Germany which caused it to stop production of its key 3-series car, but said it was sticking to its 2003 targets. "Today from our viewpoint there is no reason to step away from our targets for this year,"a BMW spokesman said. The company is aiming for steady profits this year, despite the heavy launch cost of its biggest ever new model programme, and a rise in sales at all ...

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