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BMW posts record profit at $2 billion in Sep quarter
short by Mansha Mahajan / on Saturday, 5 November, 2016
German luxury carmaker BMW on Friday posted record net profit at $2 billion, a rise of 15.3% against the year-ago period for the September quarter. The company attributed the rise to selling record number of vehicles. Notably, the group sold more than 5,83,000 cars in the period, posting a 7.1% increase from the year-ago period.
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