BMW boss: ‘Not in crisis’ despite plummeting sales

“To make it clear, BMW is not in crisis,” the head of its German operations, Philipp von Sahr told the Germany daily Tagesspiegel.

“The BMW group is in a good position (and will) ... in no case end up in the ditch. “Many reproach automobile manufacturers for having identified too late the trend towards fuel efficient cars — that was not the case for BMW,” von Sahr said.

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