Mubasher: Germany-based, BMW on Tuesday said that its profits decreased to EUR 1.78 billion in the third quarter of 2017, from EUR 1.82 billion in Q3-16.
Year-on-year, the German luxury car manufacturer sold 590,400 cars, compared to 583,500 cars.
BMW’s revenues rose to EUR 23.4 billion in Q3-17, from EUR 23.3 billion in the corresponding period in the year earlier.
“The group is investing substantially in tomorrow’s mobility,” the CEO, Harald Kruger said in a statement.
