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Published in TZ Latest News 3 August, 2017 by The TZ Newswire Staff

BMW AG Earnings: New 5 Series Drives 7.5% Profit Gain

German luxury-car maker BMW AG (NASDAQOTH: BAMXF) said that its operating income rose 7.5% in the second quarter, to 2.93 billion euros ($3.47 billion), as strong global sales of its all-new 5 Series sedan more than offset weakening demand for luxury vehicles in the important U.S. market.

Financial results are shown in millions of euros. As of August 3, 1 euro = about $1.19. 

Data source: BMW AG. “Ppts” = percentage points.

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