BMW Cuts Automotive Outlook for Second Time
BMW cut its automotive outlook for a second time as restructuring deepens.
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07:33:30 PM UTC
SquawkNews
BMW XETR:BMW on Tuesday cut the outlook for its core automotive division for the second time within five months, citing one offs related to job cuts and restructuring measures outlined earlier this year.The German premium carmaker has unveiled a plan to restore investor confidence — including aroun…