According to the latest reports from Automotive News, it appears that Bmw will surpass its goal of reducing spending on components and supplies by an impressive 4 billion euros ($5.2 billion) by 2012… and guess what, it will be helped by a partnership with Mercedes-Benz.
The German manufacturers yielded new projects over the past several months which will help them to reduce spending by 100 million euros a year by 2012. “We can say that from today’s perspective we will certainly and easily reach the 4 billion-euro savings goal, and even significantly surpass it,” said Herbert Diess, BMW’s purchasing chief. Bmw is seeking to raise its profitability as Mercedes-Benz and Audi step up the pressure.
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