BREAKING NEWS

BREAKING NEWS

BMW forecasts profit rise

Now Reading:

BMW forecasts profit rise

Text size Aa Aa

BMW has said it expects a significant rise in pretax profit this year.

That would come from demand for new models like its 5 Series and the four door, four-wheel drive Mini Countryman SUV.

It also forecast better results in all three of its businesses – cars, motorcycles and loans to buyers.

BMW, which made a loss in its car division last year, expects sales of more than 1.3 million vehicles.