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BMW Posts Sharp Fall in Automotive Profitability
BMW reported a sharp drop in profitability for its key automotive unit, hit by costs of a recall and weak demand in China, even as it forecast stronger earnings in the fourth quarter.Business - The Wall Street Journal - November 6 -
Carbon fines will only add to Europe’s automotive pile-up
Pain will be unevenly spread among carmakers, with analysts identifying bedraggled Volkswagen as the most exposedWorld - Financial Times - November 5 -