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German carmaker BMW on Wednesday said it expects a significant year-on-year increase in group pretax profit in 2021 as it forecast a strong performance in all of its segments.
BMW, which also owns the MINI and Rolls-Royce brands, said it expects the automotive segment to record a solid year-on-year increase in deliveries, with the segment’s EBIT margin expected to rise to between 6 per cent and 8 per cent.
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