BMW profits up 27.2% in Q2


BMW says its bottom-line net profit rose by 27.2% to €1.771bil (US$2.4bil) in the period from April to June - EPA Photo.

FRANKFURT: Germany’s top-of-the-range carmaker BMW said Tuesday that profits rose in the second quarter of 2014 on the back of increased demand for its vehicles worldwide.

BMW said in a statement that its bottom-line net profit rose by 27.2% to €1.771bil (US$2.4bil) in the period from April to June.

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