World NM: BMW Reportedly Wants to Cut Production Costs by 25% Within the Next Five Years001345

According to BMW board member Milan Nedeljkovic, who’s in charge of production for the Bavarian brand, his company will significantly reduce its production costs by the middle of this decade in an attempt to keep up with rivals such as the VW Group, Daimler, and of course, Tesla.

“We will lower the production costs per vehicle by 25% by 2025, compared with the level in 2019,” said Nedeljk… (continue reading…)
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