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BMW profitability dropped in 2016 amid tech rivalry

AutoNews.com
BMW reported its weakest profitability since 2010, capping a negative year for CEO Harald Krueger after the brand lost the industry sales crown to rival Mercedes. Amid higher spending on technology, BMW’s automotive profit margin fell to 8.
Source: http://feedproxy.google.com/~r/autonews/EuropeNews/~3/K4mb7txm2Hk/bmw-profitability-dropped-in-2016-amid-tech-rivalry
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