BMW profits soar to 834m euros
German carmaker BMW has reported a surge in profits, thanks to a recovery in global markets, demand from China and strong sales of new models.
The firm made 834m euros (£692.8m; $1.1bn) between April and June, up from 121m euros a year earlier. Sales climbed by 18.3% to 15.35bn euros.
The results impressed investors, pushing the firm's share price up by 3.4% in morning trading.
Brian Milligan spoke to Jay Nagley from Redspy Automative.
03 Aug 2010
- From the section Business