German automaker BMW said Wednesday that profits in 2019 will be “well below” last year’s and it will cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology.
German automaker BMW said Wednesday that profits in 2019 will be “well below” last year’s and it will cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology.