BMW forecasts record net profit and strong sales

Article Abstract:

Bayerische Motoren Werke AG is expecting to post record net profits and improved sales for the 2000 year. The company is expecting to post net profits of more than its 1997 record of 638 million euros.

Author: Reigber, Beth

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DaimlerChrysler may buy L&H unit

Article Abstract:

DaimlerChrysler AG is engaged in negotiations to acquire a Lernout and Hauspie Speech Products NV (L&H) unit. Daimler is believed to be interested in L&H's voice recognition operations.

Author: Reigber, Beth, Lust, Stefaan
Prepackaged software, Strategy & planning, Belgium, Computer software industry, Software industry, Mergers, acquisitions and divestments, DCX, Voice communications software, Lernout & Hauspie Speech Products N.V., Daimler AG

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BMW predicts sales growth, defying industry trend

Article Abstract:

Bayerische Motoren Werke AG is forecasting that it will post profit and sales growth for the 2001 year. The car maker made this forecast despite slowing automobile markets.

Author: Reigber, Beth

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Subjects list: Germany, Forecasts and trends, Transportation equipment industry, BMW AG
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