BMW warns on profits as it counts cost of plan for 8,000 job cuts
<p>German carmaker slashes profit margin to between -0.5% and 0.5% this year in face of competition from China</p><p>The German carmaker BMW has issued its second profit warning in a year, blaming the costs of a restructuring programme including significant job losses in the face of continuing competition from China.</p><p>The company is the latest to issue