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BMW ADRs Tumble On Full-Year Outlook Cut, China Demand Woes

· By Tyler Durden
Story summary

BMW ADRs Tumble On Full-Year Outlook Cut, China Demand Woes Add BMW to the growing list of European automakers slashing forecasts due to softening demand, especially in China.BMW's ADRs fell 5% late in the US cash session after news that the struggling automaker slashed its full-year automotive profit outlook to aro…

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