Luxury car maker BMW AG said Wednesday that its second-quarter profit slipped 4.3 percent, the victim of a rising euro and falling dollar and higher costs for the launch of new models.
But the Munich-based company said it still expects to sell a record number of cars this year and that its pretax profit would be higher than last year.
The company earned EUR 753 million (US$1.03 billion) in the April-June quarter, compared with EUR 787 million a year ago, below the EUR 766 million (US$1.05 billion) that analysts polled by Dow Jones Newswires had predicted.
"We are still aiming to achieve a pretax profit that, adjusted for the one-off gain on the Rolls-Royce exchangeable bond, is above the record level posted for the previous year," BMW Chief Executive Norbert Reithofer said in a statement.
The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations
On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part