The German luxury car maker BMW fell into the red early this year, posting a first quarter net loss of 152 million euros (202 million dollars), a statement said.
BMW had made a profit of 487 million euros in the same period of 2008.
The group said it could not give an outlook for 2009 as a whole, except to say that sales would be lower than last year.
“In view of the difficult conditions still prevailing on the financial markets, we remain focused in our efforts to improve our liquidity position,” chief executive Norbert Reithofer said in a statement.
The group’s core earnings swung to a loss of 55 million euros from a profit of 827 million, as sales slumped by 13 percent to 11.5 billion euros from 13.3 billion.
Those results were nonetheless better than expected. Analysts polled by Dow Jones Newswires had forecast a core earning loss of 275 million euros and 10.5 billion euros in sales.
A total of 267,637 automobiles were sold in the first three months of the year, down from 405,595 in the first quarter of 2008, the statement said.
BMW also sold 29,111 motorcycles, up from 28,589, it added.
Popularity: 1% [?]
Normally I do not learn article on blogs, but I wish to say that this write-up very compelled me to take a look at and do so! Your writing taste has been amazed me. Thanks, quite great post.
I like this blog very much, Its a real nice office to read and receive info. “Curiosity is one of the permanent and certain characteristics of a vigorous mind.” by Samuel Johnson.
The following time I read a blog, I hope that it doesnt disappoint me as a lot as this one. I mean, I do know it was my choice to read, however I actually thought youd have something fascinating to say. All I hear is a bunch of whining about one thing that you may repair should you werent too busy on the lookout for attention.
My spouse and I absolutely love your blog and find many of your post’s to be exactly I’m looking for. Does one offer guest writers to write content for you? I wouldn’t mind producing a post or elaborating on a few of the subjects you write regarding here. Again, awesome web log!
I’ve been absent for some time, but now I remember why I used to love this website. Thanks, I’ll try and check back more frequently. How frequently you update your web site?
Thanks for the helpful write-up. It is also my opinion that mesothelioma cancer has an extremely long latency period, which means that warning signs of the disease might not emerge right up until 30 to 50 years after the 1st exposure to asbestos fiber. Pleural mesothelioma, and that is the most common style and has effects on the area around the lungs, could cause shortness of breath, breasts pains, including a persistent coughing, which may bring about coughing up bloodstream.
Hi, i think that i saw you visited my weblog so i came to “return the favor”.I’m attempting to find things to improve my site!I suppose its ok to use a few of your ideas!!
I really enjoy looking at on this internet site , it has fantastic posts .
Outstanding post, you have pointed out some superb details , I likewise conceive this s a very wonderful website.
Brilliant, thank you, I will visit again later.
As soon as I originally commented I clicked the
I haven’t checked in here for some time as I thought it was getting boring, but the last several posts are good quality so I guess I’ll add you back to my everyday bloglist. You deserve it my friend
Ive realised a whole lot from examining through this publish and I hope that I can catch up on other these kinds of posts soon.
When are you going to post again? You really inform me!
Thanks for your post. I also feel that laptop computers have become more and more popular currently, and now are often the only sort of computer utilized in a household. Simply because at the same time potentially they are becoming more and more reasonably priced, their computing power keeps growing to the point where these are as highly effective as personal computers coming from just a few years ago.
I had spent a good deal of my time looking for someone to explain this subject clearly and you’re the only one that ever did that.I really appreciate it. Pretty insightful post.Never thought that it was this simple after all.
I was reading some of your posts on this website and I think this site is real instructive! Continue posting .
I like this web site because so much useful material on here : D.
As soon as I observed this internet site I went on reddit to share some of the love with them. “So far as I can remember, there is not one word in the Gospels in praise of intelligence.” by Bertrand Russell.
2 cheese
I’m impressed, I must say. Really not often do I encounter a blog that’s each educative and entertaining, and let me tell you, you’ve hit the nail on the head. Your concept is outstanding; the difficulty is something that not enough persons are speaking intelligently about. I am very completely happy that I stumbled across this in my search for something referring to this.
Very nice article. And to be on-topic with this post, I don’t know for you girls but for me hair is really the most important factor for my look. My hair stilist from the saloon where I go gave me around two months ago some type of hair oil which will make my hair grow faster and thicker. I don’t want to spam this blog so, who wants to find more details can click on my nick name.Also sorry for my poor english
Bump
Hi there, You have done an excellent job. I’ll certainly digg it and personally recommend to my friends. I’m sure they will be benefited from this site.
I just want to mention I am just very new to blogging and site-building and honestly loved your web blog. Likely I’m likely to bookmark your website . You certainly come with terrific stories. Thanks for revealing your web page.