November 6, 2012 / 10:24 AM / in 5 years

BMW aims for 8-10 percent Autos EBIT margin in 2013

FRANKFURT (Reuters) - BMW (BMWG.DE), the world’s largest premium carmaker, sees no reason why its core car business cannot achieve an operating profit margin next year in line with its targeted range of 8-10 percent, the company’s finance chief said on Tuesday.

    “We still haven’t even finished our planning for 2013 at this point, so we cannot make a concrete statement. We continue to expect that this corridor of 8-10 percent will be stable, also for 2013, I would like to emphasize that,” Friedrich Eichiner told a conference call with reporters. (Reporting by Christiaan Hetzner)

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