BMW, the German luxury car maker, reported Wednesday its third-quarter net profit soared and revenue surged on strong demand for luxury cars. “The broad recovery taking place in international car markets gives reason to believe that sales volumes will be significantly higher, particularly in emerging markets,” the company said. And following Mercedes‘ move to increase its guidance, BMW also raised…
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BMW Earnings Jump, Luxury Car Maker Raises 2010 Forecast originally appeared on DailyFinance on Wed, 03 Nov 2010 08:10:00.
Filed Under: Company News, Earnings, Stocks in the News