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BMW will step up cost-cutting after warning of profit fall

BMW warned of a significant profit fall this year while also embarking on a $14 billion cost-cutting plan to help offset unprecedented spending on electric cars.

Source: http://feedproxy.google.com/~r/autonews/EuropeNews/~3/fSJ_vrYZifM/bmw-will-step-cost-cutting-after-warning-profit-fall
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