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BMW Q2 earnings slip on China, costs for new models

2015-08-04 11:18:16| Auto Dealers - Topix.net

" German luxury automaker BMW saw net profit slip 1 percent in the second quarter amid higher launch costs for new vehicles and a tougher market in China, a major pillar of its profits. The company said Tuesday that net profit fell to 1.75 billion euros from 1.77 billion euros in the April-June quarter of last year.

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