BMW Profits Decline As Costs Of R&D Rises: Promises 12 BEVs By 2025

By Mark Kane BMW develops 4 new all-electric cars
BMW Group just released Q3 results and as earlier announced, the company is gearing up for rising costs of development (electrified and autonomous cars) that combined with other factors, negatively affect profits.
The group delivered in nine months 1,834,810 cars (up 1.3%) and noted €72.5 billion …read more