Web
Analytics
The news is by your side.

big industry

BMW says big industry investments may spur consolidation

MUNICH: BMW CEO Harald Krueger said the big investments needed for next-generation drivetrains and digital business models were likely to spur further consolidation in the wake of PSA Group's purchase of Opel from General Motors. "The investments that are needed and whether every company has the resources ... remains to be seen," Krueger told journalists at the Geneva motor show. "For everybody the challenge is huge, with the focus on electro-mobility, digitalisation and autonomous driving," he said. "We are large…