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News, Analysis & Perspective on Autonomous Vehicles

Spending on future tech eats into BMW quarterly profit

Net profit at BMW fell 6 percent in the second quarter as it spent more on developing new technologies for electric, autonomous and digitally connected automobiles, the luxury carmaker said Thursday.

https://www.washingtonpost.com/business/technology/spending-on-future-tech-eats-into-bmw-quarterly-profit/2018/08/02/ef363d6c-9623-11e8-818b-e9b7348cd87d_story.html?utm_term=.5204a35fc53b

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