BMW's reports profit lift on strong SUV sales and improved margins
 

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<a href="https://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a>,<a href="https://www.autoblog.com/bmw" rel="tag">BMW</a></p>
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BMW's new chief executive delivered a 33% third-quarter operating profit rise as stronger sports utility vehicle sales and the absence of the one-off factors which depressed earnings a year earlier lifted its earnings. Oliver Zipse, who became CEO in August, said the German sportscar manufacturer is on track to meet full-year targets, unlike rivals such as Ford which have been forced to lower their profit forecasts due to slower sales in China. Sales of BMW's passenger cars rose 3.6%<p><a href="https://www.autoblog.com/2019/11/06/bmw-profit-rises-strong-suv-sales/" rel="bookmark">Continue reading <em>BMW's reports profit lift on strong SUV sales and improved margins</em></a></p>
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<a href="https://www.autoblog.com/2019/11/06/bmw-profit-rises-strong-suv-sales/">BMW's reports profit lift on strong SUV sales and improved margins</a> originally appeared on <a href="https://www.autoblog.com/">Autoblog</a> on Wed, 6 Nov 2019 08:33:00 EST. Please see our <a href="/rss-term-of-use/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6>
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