--
 
The cars the SA government is buying

"We often complain that government has ridiculous vehicle purchasing habits but the data tells us that expenditure on cars is being curbed."

WATCH: Best save ever?

South African Moto2 rider Steven Odendaal pulled off one of the greatest 'saves' in motorsport at the Czech GP.

BMW profit dips in 'volatile' times

2018-11-07 09:50
BMW Headquarters

Image: iStock

German luxury automaker BMW posted a steep drop in quarterly profit, blaming the impact of tough new EU emissions tests and "international trade conflicts".

READ: Toyota quarterly profit rises on growing sales, cost cuts

The Munich-based group said net profit between July and September slumped 24% year-on-year to €1.4 billion ($1.6 billion), falling short of analyst expectations.

Revenues were up 4.7% to 24.7 billion.

NEXT ON WHEELS24X
Read more on:    bmw  |  germany  |  industry news

There are new stories on the homepage. Click here to see them.