We assume that BMW Group will remain on this path of growth in 2006.
More Quotes from Helmut Panke:
Despite the big public debate right now, it will just be a niche technology,Helmut Panke
If each of us would have done it on our own we would never have reached the volume needed to make it economical,
Helmut Panke
We have a comparable situation as we did have in 2005. The exchange rates are not worse, the raw material prices are not worse, so we basically have the same challenge, but we managed to cope and to compensate (for) most of those challenges in 2005.
Helmut Panke
Currency factors, high raw material prices and intense competition are all having an adverse impact.
Helmut Panke
Not everyone is optimistic about hybrids. Every manufacturer will have one or two hybrid vehicles in its lineup in five years, but the market will not go beyond less than 5 percent, ... But the real challenge is to reduce the fuel consumption of the standard engine. Hybrid is not a substitute for that.
Helmut Panke
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