NEWS
BMW to reportedly slash model range
Cars to be axed said to include X2 and 2 Series Gran Tourer
08 August 2019 - 05:07
American magazine Automobile says the BMW Group is set to slash its model range after the car division’s earnings fell 22% in 2018.
BMW CFO Nicolas Peter is looking to slash its exposure to the unprofitable lower-priced segments, hack away at development costs by using simulators instead of physical prototypes and simplifying model line-ups and engine options...
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