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BMW Revenue Drops Despite Sales Growth

German premium auto manufacturer BMW has reported a 4.5% year-on-year (y-o-y) decline in Q113 profits, despite an increase in global sales volumes. The company experienced stark regional variation in...

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BMW Divests Husqvarna

Germany-based BMW Group has signed an agreement with Austria-based Pierer Industrie for the sale of its Husqvarna motorcycle brand for an undisclosed amount.

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