BMW PROFIT HIT BY ANTI-TRUST CASE, SPENDING ON TECHNOLOGY
BMW lost money making cars in the first quarter as its automotive division was hit by a 1.4 billion-euro ($1.6 billion) set-aside for an anti-trust fine from the European Commission and by higher up-front costs for new technology and factories.
The fine and investment spending, along with weaker pricing in some markets, led to an operating loss for the
