BMW boosts earnings with higher-priced and electric cars
BMW's EBIT margin was 9.8% in the quarter, rising to 10.8% excluding the impact of last year's decision to take majority control of Chinese joint venture BMW Brilliance Automotive.
BMW's EBIT margin was 9.8% in the quarter, rising to 10.8% excluding the impact of last year's decision to take majority control of Chinese joint venture BMW Brilliance Automotive.
A sleepy Bavarian village on Sunday gave the green light to BMW's plan to build a huge battery factory there, removing a key obstacle for the German automobile giant on its drive towards electromobility. - Local fears - In Strasskirchen, some residents had feared the factory would transform their leafy village on the edge of the Bavarian forest into an industrial zone with roaring trucks.
BMW reported a 2.9% drop in second-quarter net profit on Thursday, in line with analysts' expectations, after last year's figures were boosted by its decision to take majority control of its Chinese joint venture BMW Brilliance Automotive (BBA).
Name | DIN | Designation | Date of joining | |
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Suresh Jain | Unlock to View | Unlock to View | Director | 01 Apr,2016 |
Deepak Jain | Unlock to View | Unlock to View | Director | 01 Apr,2016 |
Vijay Kapur | Unlock to View | Unlock to View | Director | 01 Jan,2016 |
Yadur Kapur | Unlock to View | Unlock to View | Director | 22 Dec,2005 |
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