SHARE THIS ARTICLE

BMW will streamline its manufacturing process, offering fewer variants of engines and equipment, to offset high r&d spending through 2019, the German carmaker's finance chief Nicolas Peter said on Wednesday.

The group is developing electric, autonomous and connected cars in addition to vehicles with combustion engines to meet more stringent emissions tests.

At the same time, China's aggressive push to introduce electric car quotas has forced European carmakers to accelerate the development and roll-out of electric and hybrid vehicles, pushing up their costs.



Read Article


BMW To Cut Back On Equipment Variations - Cost Savings To Go Towards Research And Development

About the Author

Agent009

User Comments

BobM
fiftysix
jeffy210
MDarringer
malba2367
templar19d
skytop
TomM
Firewombat
oldschool

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]