Wednesday, March 19, 2008
BMW predicts record sales and profits in 2008
BMW’s chief executive expects the luxury brand to achieve record sales and higher profits this year, despite the global economic downturn.
Norbert Reithofer forecast sales of 1.5 million vehicles worldwide in 2008 and said pre-tax profits would be higher than 2007.
Each of the group’s three brands, which include Rolls-Royce and Mini, would achieve record years in 2008, he said.
DATED: 19.03.08
FEED: MT
