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BMW Bayerische Motoren Werke AG

103.05
0.50 (0.49%)
03 May 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Bayerische Motoren Werke AG TG:BMW Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 0.49% 103.05 102.85 103.20 103.25 101.95 102.35 37,586 22:50:02

BMW to Cut Production Costs by 25% by 2025 -Handelsblatt

22/06/2021 7:52am

Dow Jones News


Bayerische Motoren Werke (TG:BMW)
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From May 2021 to May 2024

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--BMW is planning to reduce production costs per vehicle by 25% by 2025 compared with levels in 2019, Handelsblatt reports, citing management-board member Milan Nedeljkovic.

--In the interview, Mr. Nedeljkovic said levers to cut costs included leaner logistics and a better utilization of existing plants, according to the German business newspaper.

--Mr. Nedeljkovic, who is head of production, also said the German car maker wants to produce three million vehicles per year before 2030, reports Handelsblatt.

 

Full story (in German): https://bit.ly/3wZwjDm

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

June 22, 2021 02:42 ET (06:42 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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1 Year Bayerische Motoren Werke Chart

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1 Month Bayerische Motoren Werke Chart

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