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BMW's earnings fall sharply

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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.


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