New product costs seen keeping BMW Q3 profits flat

Newswire

By Nick Tattersall

BERLIN, Nov 1 (Reuters) - German luxury car maker BMW AG is expected to show on Wednesday that costs arising from the biggest product offensive in its history offset rising sales and kept a lid on profit growth in the third quarter.

The Munich-based firm is embarking on a series of six new car launches over the next two years, but has nonetheless said it is on track to post ...

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