· Ruble continues to plummet or lose 150 million euros
According to "European News" European version on December 19th, Evercore ISI analysts estimate that if the ruble continues to plunge and depreciate by 50%, then the BMW Group will lose at least 1 to 150 million euros in the fourth quarter of 2014. Electrostatic Separator,Electrostatic Separation Machine,Electrostatic Separation Equipment,Electrostatic Separator For Sale Xinxiang Traceability Environmental Protection Equipment Co., Ltd. , https://www.syrecycle.com
BMW has taken steps to reduce losses by moving cars to more attractive markets. According to the company's spokesperson Nikolai Glies, the move began in the summer. In November of this year, BMW sold 33.465 million vehicles (including MINI brand models) in Russia, a decrease of 17% compared with 2013.
At the same time, analysts estimate that Volkswagen, Daimler, Renault and Hyundai may face greater losses than BMW.