BMW Q3 hit by upfront expenditure for electric car development BMW

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German carmaker BMW on Wednesday reported a 27 percent drop in third-quarter operating profit to 1.75 billion euros ($2 billion), missing analyst expectations amid currency headwinds and higher research and development expenses. Francis Maguire reports.

BMW Q3 hit by upfront expenditure for electric car development BMW

Tags : Daimler, Daimlerprofits, Electric cars, german, Company news, Profit magins, profit, Q3, europe, carmaker, Volkswagne, bmw, investment, automakers, future, vehicles, Third quarter, Profits

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