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BMW profit drops 74% as recession saps luxury sales

Bayerische Motoren Werke AG, the world's largest maker of luxury cars, reported a 74 percent plunge in third-quarter profit as the recession sapped demand for higher-priced models.

Nov. 5 , 2009
How should Chinese automakers make a successful overseas M&A?Nov. 5 , 2009
Changan Auto set to merge AVIC auto operationsNov. 5 , 2009
Taiwan dealers earger to sell mainland cars
Yulon Motor, Geely Auto to jointly develop electric cars
Toyota pulls out of Formula One racing to cut costs
Tata plans 25,000 Jaguar XJs a year, rivaling BMWNov. 5 , 2009
Nissan Motor increases China sales projectionsNov. 4 , 2009
Hyundai leads U.S. sales rally for Asian carmakersNov. 4 , 2009
Shanghai GM produces its first own brand vehicle
GM opts to keep Opel, scraps sale to Magna
Ferrari sees China to be top 3 market
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