BMW forecasts profit rise

17/03/10 19:19 CET

corporate

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BMW has said it expects a significant rise in pretax profit this year.

That would come from demand for new models like its 5 Series and the four door, four-wheel drive Mini Countryman SUV.

It also forecast better results in all three of its businesses – cars, motorcycles and loans to buyers.

BMW, which made a loss in its car division last year, expects sales of more than 1.3 million vehicles.

More about: BMW, Car industry, Germany

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