Business & Finance
BMW sees significant profit growth in 2021
- BMW, which also owns the MINI and Rolls-Royce brands, said it expects the automotive segment.
BERLIN: German carmaker BMW on Wednesday said it expects a significant year-on-year increase in group profit in 2021 as it forecast a strong performance in all of its segments.
BMW, which also owns the MINI and Rolls-Royce brands, said it expects the automotive segment to record a solid year-on-year increase in deliveries, with the segment's EBIT margin expected to rise to between 6% and 8%.
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