BMW Car Unit Posts First Loss in a Decade

Automotive unit swings to loss for first time since 2009
CFO Peter predicts stronger second half on new models

BMW Profit Slumps on Antitrust Provision, Weaker Markets

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By Oliver Sachgau

May 7, 2019 at 5:45 AM UTC

Updated on

May 7, 2019 at 9:47 AM UTC

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BMW AG’s automotive division swung to a loss for the first time in a decade as car prices slumped and a legal provision over alleged collusion ballooned to 1.4 billion euros ($1.6 billion).