BMW Investors Look To New 7, 5-Series To Reignite Profit Performance
ByBMW’s first quarter profit performance looked good on the surface, but closer analysis pointed to the bottom line owing more to factors outside its control like foreign exchange gains rather than the company’s own performance.
Investors reckoned any short-term problems are likely to be banished soon as the ageing model portfolio is renewed, with a new 7-Series flagship, X-1 SUV and 5-Series sedan. And that’s not all. British magazine Autocar reported this week that BMW is planning a new small, coupe-styled SUV, the X2, to launch in 2017, looking a bit like the current X4 and X6. BMW didn’t comment. BMW has also launched a refreshed, face-lifted version of its biggest selling product, the 3-Series…
BMW Investors Look To New 7, 5-Series To Reignite Profit Performance
