BMW will spend more on autonomous driving, electric cars
FRANKFURT, Germany (AP) " BMW's profits this year will at least equal last year's results as the automaker sinks billions into developing electric and autonomous car technology to meet expected changes in how people get from one place to another, the company said Wednesday.Chief Financial Officer Nicolas Peter told an annual news conference Wednesday that it expects group profit before tax to be "at least in line" with 2017's record 10.7 billion euros (currently $13.1 billion), which [...]
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