BMW AG's earnings from its core automotive business plunged 40% in the three months to Sept. 30 due to fierce price competition

Market news

7 November 2018

BMW AG's earnings from its core automotive business plunged 40% in the three months to Sept. 30 due to fierce price competition

New emissions rules in Europe, the high costs of product recalls and the U.S.-China trade dispute, the company said Wednesday.

The yield on the U.S 10-year Treasury note fell 1.6 basis points to 3.196%, while the 2-year Treasury yield advanced by 1.2 basis points to 2.932%. The yield on the 30-year Treasury bond lost 1.9 basis points to 3.409%

The volume of retail trade remained unchanged in the euro area (EA19) and decreased by 0.1% in the EU28, in September

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