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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
Tata plans 25,000 Jaguar XJs a year, rivaling BMWNov. 5 , 2009
BMW says no talks with SAIC on making 7 seriesNov. 2 , 2009
BMW to end program on shorter work hours soon
China becomes No. 4 market of BMW cars
BMW China Jan-Sept sales up 32% to 62,394 units
BMW says its '09 sales may only fall 10-15%

BMW unit sales grew 0.7% in September to 122,354 vehicles, driven by a near 10% gain at its Mini brand, but said its sales volume might drop by only 10-15%.

Oct. 13 , 2009
BMW preparing to launch Mini based 0-SeriesOct. 12 , 2009
BMW 1-Series may be made in China next yearOct. 10 , 2009
BMW lifts output as sales rise and X1, GT near rollout
BMW would add to Mini output at German plant
BMW joins with Allianz to sell auto insurance
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