Chief Financial Officer Friedrich Eichiner said that “Our business indicators are not showing any signs of recession and also our factories are working at full tilt”.
BMW's positive attitude contrasts with widespread concern about an economic delay.
He also says that "BMW is prepared for a delay after trimming the costs and reducing its business to lower financial risk during the 2009 recession.
BMW could survive a similar crisis without its automotive business slipping to a loss.
New products like the revamped 5-series and X1 compact SUV are helping to maintain demand even during economic uncertainty.
Probably BMW will decide whether to build a new plant in Brazil by the end of this year".
Personnel chief Harald Krueger says that the company is planning to hire 3,500 people by the end of 2011 mainly to design and build electric vehicles.
BMW's positive attitude contrasts with widespread concern about an economic delay.
 |
| BMW Logo |
He also says that "BMW is prepared for a delay after trimming the costs and reducing its business to lower financial risk during the 2009 recession.
BMW could survive a similar crisis without its automotive business slipping to a loss.
New products like the revamped 5-series and X1 compact SUV are helping to maintain demand even during economic uncertainty.
Probably BMW will decide whether to build a new plant in Brazil by the end of this year".
Personnel chief Harald Krueger says that the company is planning to hire 3,500 people by the end of 2011 mainly to design and build electric vehicles.
0 comments:
Post a Comment