(Adds detail, analyst comment) By Christiaan Hetzner FRANKFURT, Jan 26 (Reuters) - German carmaker BMW boosted revenues 6.8 percent last year and confirmed on Wednesday it would report record profits, but its shares dipped as turnover came in shy of market expectations. The growing popularity of leasing rather than buying cars crimped revenue growth at a time BMW is battling currency headwinds from the weak dollar, analysts said. Revenues climbed to 44.34 billion euros ($57.85 ...
Premium Content (PAID Subscription Required)
"UPDATE 3-BMW shares slip as 2004 revenues disappoint" 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
Lisa Williamson by email: email@example.com or phone: (248) 799-2642