Bmw posted a better-than-expected 2009 profit

Bmw has just announced that its cost-cutting measures begun to gain traction as the Bavarian manufacturer posted a better-than-expected 2009 profit despite the fact that the production was lower.

According to Bmw, its profit rose 18 percent to 413 million euros ($560.4 million), which means that the 253 million euros forecast by analysts was just wrong data.
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david999 - 3/11/2010 9:47:12 PM

+3 Boost

Good for BMW.

agent507 - 3/12/2010 6:08:22 AM

0 Boost

Well done. Keep it going!

LexSucks - 3/12/2010 11:35:16 AM

+2 Boost

I'm not surprised. they've been cost cutting everything except the actual cost of the vehicles. I'm not sure how thats a good thing for the consumer? Good for BMW yes, not good for the folks who overpay for thier vehicles.