{"id":4155,"date":"2010-11-04T12:19:59","date_gmt":"2010-11-04T04:19:59","guid":{"rendered":"http:\/\/www.fastmotoring.com\/?p=4155"},"modified":"2010-11-04T12:19:59","modified_gmt":"2010-11-04T04:19:59","slug":"bmw-posts-q3-net-profit-surge-11-fold","status":"publish","type":"post","link":"https:\/\/www.fastmotoring.com\/index.php\/2010\/11\/bmw-posts-q3-net-profit-surge-11-fold\/","title":{"rendered":"BMW posts Q3 net profit surge 11-fold"},"content":{"rendered":"<fb:like \n\t\thref=\"https:\/\/www.fastmotoring.com\/index.php\/2010\/11\/bmw-posts-q3-net-profit-surge-11-fold\/\" \n\t\tlayout=\"button_count\" \n\t\tshow_faces=\"true\" \n\t\twidth=\"450\" \n\t\theight=\"30\"\n\t\taction=\"like\" \n\t\tcolorscheme=\"light\" \n\t\tstyle=\"margin-top:5px;\"\n\t\tclass=\"fb_edge_widget_with_comment fb_iframe_widget\"><\/fb:like>[singlepic id=4305 w=630 h= float=]\n<p><br class=\"spacer_\" \/><\/p>\n<p>BMW reported a huge bound in third-quarter net profit on Wednesday as recovering global markets snapped up its saloons and SUVs. BMW said its net profit surge 11-fold from the equivalent figure last year, to 874 million Euros, and stood by its sales target for this year and profitability targets for 2012.<\/p>\n<p><br class=\"spacer_\" \/><\/p>\n<p>&#8220;Strong demand for our models, a high-value model mix and the group&#8217;s strong sales position on international automobile markets resulted in above-average earnings,&#8221; a statement said.<\/p>\n<p><br class=\"spacer_\" \/><\/p>\n<p>BMW said the group still planned to sell more than 1.4 million vehicles this year, and was aiming for a profit margin of between eight and ten per cent for its core auto activities in 2012.<\/p>\n<p><br class=\"spacer_\" \/><\/p>\n<p>It also forecast &#8220;a significant increase in group pre-tax earnings for the full year 2010,&#8221; but did not provide a detailed figure.<\/p>\n<p><br class=\"spacer_\" \/><\/p>\n<p><strong>Photo Gallery: 2011 BMW 5 Series sedan<\/strong><\/p>\n[nggallery id=169]\n<fb:like \n\t\thref=\"https:\/\/www.fastmotoring.com\/index.php\/2010\/11\/bmw-posts-q3-net-profit-surge-11-fold\/\" \n\t\tlayout=\"button_count\" \n\t\tshow_faces=\"true\" \n\t\twidth=\"450\" \n\t\theight=\"30\"\n\t\taction=\"like\" \n\t\tcolorscheme=\"light\" \n\t\tstyle=\"margin-top:5px;\"\n\t\tclass=\"fb_edge_widget_with_comment fb_iframe_widget\"><\/fb:like>","protected":false},"excerpt":{"rendered":"<p>[singlepic id=4305 w=630 h= float=] BMW reported a huge bound in third-quarter net profit on Wednesday as recovering global markets snapped up its saloons and SUVs. BMW said its net profit surge 11-fold from the equivalent figure last year, to 874 million Euros, and stood by its sales target for this year and profitability targets &hellip;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[853,3082,3077,3079,3080,3081,3078],"class_list":["post-4155","post","type-post","status-publish","format-standard","","category-bmw","tag-2011-bmw","tag-2011-bmw-5-series","tag-bmw-car-sales","tag-bmw-group","tag-bmw-profit","tag-bmw-profit-surge","tag-bmw-sales"],"_links":{"self":[{"href":"https:\/\/www.fastmotoring.com\/index.php\/wp-json\/wp\/v2\/posts\/4155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fastmotoring.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fastmotoring.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fastmotoring.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fastmotoring.com\/index.php\/wp-json\/wp\/v2\/comments?post=4155"}],"version-history":[{"count":3,"href":"https:\/\/www.fastmotoring.com\/index.php\/wp-json\/wp\/v2\/posts\/4155\/revisions"}],"predecessor-version":[{"id":4158,"href":"https:\/\/www.fastmotoring.com\/index.php\/wp-json\/wp\/v2\/posts\/4155\/revisions\/4158"}],"wp:attachment":[{"href":"https:\/\/www.fastmotoring.com\/index.php\/wp-json\/wp\/v2\/media?parent=4155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fastmotoring.com\/index.php\/wp-json\/wp\/v2\/categories?post=4155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fastmotoring.com\/index.php\/wp-json\/wp\/v2\/tags?post=4155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}