YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

BMW's earnings fall sharply

Posted online

German carmaker BMW on Tuesday reported a more than 70% drop in quarterly net earnings to roughly $657.7 million.

During the quarter, the company reported a $1.6 billion charge related to the European Union's investigation into alleged collusion by German automakers to delay low-emission cars.

Revenue dipped less than 1% to about $25 billion.

Read more from France 24.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: The Quilted Cow

A franchise store of a Branson West-based quilting business made its Queen City debut; Grateful Vase launched in Lebanon; and Branson entertainment venue The Social Birdy had its grand opening.

Most Read
SBJ.net Poll
Update cookies preferences