Bmw admits it: “this is the worst crisis in our history”
Manufacturers of cars that appeared to be stable at the onset of the financial crisis have lately acknowledged publicly that they are also in a 'crisis' as sales continue plummet. The CEO... Read more
Bmw cuts production in order to survive the financial crisis
Until the end of 2009, BMW workers in German factories will continue to work shortened hours. A BMW Germany spokesman confirmed further that 17,000 workers would be affected. Scrappage... Read more
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