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    BMW PROFIT HIT BY ANTI-TRUST CASE, SPENDING ON TECHNOLOGY

    May 10, 2019 2 minutes

    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

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