Factbox-Key Points of BMW’s Strategy Update
4 Articles
4 Articles
Factbox-Key points of BMW’s strategy update
FRANKFURT, Sept 30 (Reuters) - BMW is holding a two-day capital markets event to brief investors about the premium carmaker's strategy, the first for new CEO Milan Nedeljkovic, who took over in May. Here are the main points of the update: TARGETS
On Capital Markets Day, the BMW CEO will present the new strategy. The focus will be on the crisis region of China. The Dax Group will no longer offer a vehicle class there in the future.
BMW wants to grow again. The plan of the new boss Milan Nedeljkovic: to buy more from the pole – and more power to the regions.
The team with which CEO Milan Nedeljković wants to accelerate again stands in the slinging auto-colossus. Minus 8000 jobs, minus 20 percent in top management: The power of the eleven seems as powerful as conflicts inescapable.
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