BMW reports Q2 earnings slump as it cuts jobs

German premium carmaker BMW says it is steeling itself for tougher competition with workforce reductions as pre-tax earnings slumped by more than a third in the second quarter.

BMW reports Q2 earnings slump as it cuts jobs
German premium carmaker BMW says it is steeling itself for tougher competition with workforce reductions as pre-tax earnings slumped by more than a third in the second quarter.