BMW Dumps 2008 Outlook on Global Autos Slowdown by Car

Tue, 04 Nov 2008 11:46:38 -0500

BMW Dumps 2008 Outlook on Global Autos Slowdown

by Car @ Tue, 04 Nov 2008 11:46:38 -0500
BMW abandoned its 2008 earnings forecast and cut production on Tuesday after a 60-percent plunge in quarterly profit that underscored slowing sales in the troubled autos industry. The woes facing the world's biggest premium brand ...