Record Sales Help BMW Post 9 Percent Rise in 2014 Profit

March 12, 2015 3:03 PM

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Luxury automaker BMW AG says record sales in 2014 helped it post a solid 9.2 percent increase in full-year profit.

The Munich-based maker of the 3-Series sedan and the X5 sport-utility vehicle saw net profit rise to 5.82 billion euros ($6.2 billion), with strong demand from China, Britain and the U.S. boosting earnings.

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