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2026-11-04T14:19:09.000Z

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BMW profits fall 11%

BMW profits fall 11%

BMW’s pre-tax profit fell 11% in the third quarter to €2.1 billion, amid restructuring costs and declining sales in China. The operating margin in its automotive division dropped to 3.4%, from 5.2% a year earlier. The restructuring program includes cutting 8,000 jobs in Germany.

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