RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (RAKEZ) successfully led a business ...
Read More »BMW’s profitability hits lowest since 2010
Bloomberg BMW AG reported its weakest profitability since 2010, capping a negative year for Chief Executive Officer Harald Krueger after losing the luxury-car crown to arch-rival Mercedes-Benz. Amid higher spending on electric-car and autonomous-driving technologies, BMW’s automotive profit margin narrowed to 8.9 percent in 2016 from 9.2 percent a year earlier, according to a statement on Thursday. The shares ...
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