With the influence of Intel's acquisition, BMW Group's first-quarter profit rose 27%.
In addition, the BMW Group also said its joint venture in China - Brilliance BMW's profit growth for its profit growth had a positive impact.
BMW Group's first three months of pre-tax profits reached 3.01 billion euros, while analysts had forecast data of only 2.38 billion euros, the first quarter of pre-tax profits rose 27% year on year. BMW said its shares held in Here due to Intel's shares increased by 183 million euros, while other financial business growth also reached 122 million euros. US chip company Intel announced in January will be the acquisition of Here 15% of the shares, but did not disclose the specific amount.
BMW Group's auto business year's pre-tax profit and operating profit target is expected to grow 8% -10%. While its auto business grew 9% in the first quarter, compared with 9.4% for the same period last year.
BMW Group's first quarter sales rose 12% year on year to 23.5 billion euros, more than analysts forecasted 22.1 billion euros.
