BMW Reports Lower Q3 Earnings and Cuts Outlook Again
BMW reported third-quarter pre-tax earnings in line with expectations. Restructuring charges loom toward year-end as the automaker grapples with a weak China market.
BMW's XETR:BMW pre-tax earnings fell in line with expectations in the third quarter with hefty restructuring charges looming towards the end of the year, forcing another cut to its outlook as it grapples with the weak China market.The German car maker reported quarterly pre-tax earnings of €2.1 bil…