BMW China CEO sees margins narrowing, expects to beat market

GUANGZHOU China (Reuters) – BMW’s China head expects profit margins to narrow as the German premium automaker steps up localization to maintain double-digit growth amid slowing demand and tougher competition in the world’s biggest auto market.



Link to article: feeds.reuters.com/~r/reuters/businessNews/~3/EmHNV-KYZ3k/story01.htm

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