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November 2008 - Page 3 of 3 - BMW.SG | BMW Singapore Owners Community

Monthly Archives: November 2008

BMW Group’s 3rd Quarter Net Profits Fall 63%

November 6, 2008 BMW News 0 153

Reflecting the global economic turmoil, the BMW Group that includes the BMW, MINI and Rolls Royce brands posted a 63 percent drop in third quarter profits. The Munich-based company said that pre-tax profits for the July-September period fell 63.5% to €279 million from €765 million a year ago. The total …

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BMW CS Concept Based Production Version Officially Cancelled

November 5, 2008 BMW News 1 139

Looks like BMW won’t be fielding a Porsche Panamera competitor after all. The CS Concept, planned as a new flagship to replace the 8-Series, has officially been cancelled. Citing product and project reviews in the face of the current financial crisis in Europe and the United States, BMW’s CEO Norbert …

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