BMW seeks savings of $13.3 billion by 2022

BMW badge bb web.jpg — (Martin Leissl/Bloomberg)

By:

EDWARD TAYLOR

By:

Reuters

November 20, 2019 03:34 PM

FRANKFURT -- BMW is in talks with labor representatives and its top suppliers as it seeks to achieve cost savings of more than 12 billion euros ($13.26 billion) by 2022, CFO Nicolas Peter told analysts on Wednesday.

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