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BMW Joins Car Peers With Warning of Coronavirus Profit Slump

Katherine T. Burrows 5 years ago

(Bloomberg) — BMW AG lowered its profit outlook for the year and warned it will have difficulty generating cash as the German carmaker said the fallout from the coronavirus pandemic is lasting longer than expected. BMW now sees an earnings before interest and taxes margin for the automotive segment of […]

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  • Understanding Car Shipping Requirements: What You Need to Know
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