Pursuits
BMW Sticks to Growth Plans After Quarterly Profit Rises
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Bayerische Motoren Werke AG stood by plans to increase 2012 profit after third-quarter earnings beat analyst expectations, helped by gains from auto loans.
The world’s biggest maker of luxury cars is pushing to boost deliveries next year, led by growth in the U.S. and China. Backed by new models like an extended version of the 3-Series sedan, the Munich-based company plans to increase sales in China by more than 10 percent, outpacing the market.