{"id":8959,"date":"2017-11-07T16:26:23","date_gmt":"2017-11-07T16:26:23","guid":{"rendered":"https:\/\/www.autodeals.pk\/?p=8959"},"modified":"2017-11-07T16:26:23","modified_gmt":"2017-11-07T16:26:23","slug":"bmw-profits-decreases-in-q3-2017-since-auto-maker-attempts-to-update-its-portfolio","status":"publish","type":"post","link":"https:\/\/autodeals.pk\/blog\/bmw-profits-decreases-in-q3-2017-since-auto-maker-attempts-to-update-its-portfolio\/","title":{"rendered":"BMW Profits Decreases In Q3 2017 Since Auto Maker Attempts To Update Its Portfolio"},"content":{"rendered":"<p>As per earnings data released on Tuesday, German car manufacturer BMW, fell short of prospects in the third quarter. The BMW did boost its performance targets for the year, though.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-8960\" src=\"https:\/\/autodeals.pk\/blog\/wp-content\/uploads\/2017\/11\/cq5dam.resized.img_.1680.large_.time1502708867775-300x135.jpg\" alt=\"\" width=\"800\" height=\"360\" \/><br \/>\nAmong July and September, net profit at the group reduced in size by 1.8 percent year-after-year to 1.8 billion Euros ($2.1 billion), fine shortage of the 1.95 billion Euros as forecasted by analysts.<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-8966\" src=\"https:\/\/autodeals.pk\/blog\/wp-content\/uploads\/2017\/11\/Capture-1-300x158.png\" alt=\"\" width=\"800\" height=\"422\" \/><br \/>\nIn addition, Operating or underlying profit fell 3.2 percent to 2.3 billion Euros, on the back of revenues that boasted up by 0.3 percent at 23.4 billion Euros.<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-8968\" src=\"https:\/\/autodeals.pk\/blog\/wp-content\/uploads\/2017\/11\/cq5dam.resized.img_.1680.large_.time1499165252675-300x135.jpg\" alt=\"\" width=\"800\" height=\"360\" \/><br \/>\nIn the meantime, unit sales of BMW, Mini and Rolls-Royce cars amplified 1.2 percent to 590,415. The group is \u201cinvesting substantially in tomorrow\u2019s mobility,\u201d chief executive Harald Kruger uttered in a statement.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-8965\" src=\"https:\/\/autodeals.pk\/blog\/wp-content\/uploads\/2017\/11\/bmw-exec-confirms-hi_800x0w-300x169.jpg\" alt=\"\" width=\"800\" height=\"450\" \/><br \/>\nSimilar to other German carmakers, the Munich-based firm is moving quickly to get closer to the rivals in high-tech fields like electric cars and autonomous driving.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-8962\" src=\"https:\/\/autodeals.pk\/blog\/wp-content\/uploads\/2017\/11\/cq5dam.resized.img_.1680.large_.time1494483994899-300x135.jpg\" alt=\"\" width=\"800\" height=\"360\" \/><br \/>\nThe group looks forward to sell over 100,000 hybrid or full-electric vehicles in 2017. For the time being, Kruger highlighted the 400 million Euro expenses on increasing BMW\u2019s research centre to 5,000 employees and the commencement of an autonomous driving centre with partners, counting chipmaker Intel.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-8961\" src=\"https:\/\/autodeals.pk\/blog\/wp-content\/uploads\/2017\/11\/1200px-BMW.svg-300x300.png\" alt=\"\" width=\"800\" height=\"800\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As per earnings data released on Tuesday, German car manufacturer BMW, fell short of prospects in the third quarter. The BMW did boost its performance targets for the year, though. Among July and September, net profit at the group reduced in size by 1.8 percent year-after-year to 1.8 billion Euros ($2.1 billion), fine shortage of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"jnews_post_split":[],"footnotes":""},"categories":[25],"tags":[],"class_list":["post-8959","post","type-post","status-publish","format-standard","hentry","category-general"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.1 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BMW Profits Decreases In Q3 2017 Since Auto Maker Attempts To Update Its Portfolio - Automotive News | Auto Deals Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/autodeals.pk\/blog\/bmw-profits-decreases-in-q3-2017-since-auto-maker-attempts-to-update-its-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BMW Profits Decreases In Q3 2017 Since Auto Maker Attempts To Update Its Portfolio\" \/>\n<meta property=\"og:description\" content=\"As per earnings data released on Tuesday, German car manufacturer BMW, fell short of prospects in the third quarter. The BMW did boost its performance targets for the year, though. Among July and September, net profit at the group reduced in size by 1.8 percent year-after-year to 1.8 billion Euros ($2.1 billion), fine shortage of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/autodeals.pk\/blog\/bmw-profits-decreases-in-q3-2017-since-auto-maker-attempts-to-update-its-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Automotive News | Auto Deals Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AutoDeals.Int\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-07T16:26:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/autodeals.pk\/blog\/wp-content\/uploads\/2017\/11\/cq5dam.resized.img_.1680.large_.time1502708867775-300x135.jpg\" \/>\n<meta name=\"author\" content=\"Andleeb Sidhu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Andleeb Sidhu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/autodeals.pk\/blog\/bmw-profits-decreases-in-q3-2017-since-auto-maker-attempts-to-update-its-portfolio\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/autodeals.pk\/blog\/bmw-profits-decreases-in-q3-2017-since-auto-maker-attempts-to-update-its-portfolio\/\"},\"author\":{\"name\":\"Andleeb Sidhu\",\"@id\":\"https:\/\/autodeals.pk\/blog\/#\/schema\/person\/c4d29d7b6f97316ffe83c6a7eaa7dd50\"},\"headline\":\"BMW Profits Decreases In Q3 2017 Since Auto Maker Attempts To Update Its Portfolio\",\"datePublished\":\"2017-11-07T16:26:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/autodeals.pk\/blog\/bmw-profits-decreases-in-q3-2017-since-auto-maker-attempts-to-update-its-portfolio\/\"},\"wordCount\":196,\"publisher\":{\"@id\":\"https:\/\/autodeals.pk\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/autodeals.pk\/blog\/bmw-profits-decreases-in-q3-2017-since-auto-maker-attempts-to-update-its-portfolio\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/autodeals.pk\/blog\/wp-content\/uploads\/2017\/11\/cq5dam.resized.img_.1680.large_.time1502708867775-300x135.jpg\",\"articleSection\":[\"General\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2017\",\"copyrightHolder\":{\"@id\":\"https:\/\/autodeals.pk\/blog\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/autodeals.pk\/blog\/bmw-profits-decreases-in-q3-2017-since-auto-maker-attempts-to-update-its-portfolio\/\",\"url\":\"https:\/\/autodeals.pk\/blog\/bmw-profits-decreases-in-q3-2017-since-auto-maker-attempts-to-update-its-portfolio\/\",\"name\":\"BMW Profits Decreases In Q3 2017 Since Auto Maker Attempts To Update Its Portfolio - 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