BMW to decrease production cost per vehicle by 25 percent

by SpeedLux
BMW I8 luxury car

BMW prepares major production cost cuts by the middle of the decade, one of the automaker’s board members said.

“We will decrease the production costs per vehicle by 25% by 2025 – compared with the level in 2019,” said Milan Nedeljkovic, BMW’s board member in charge or production, according to German newspaper Handelsblatt.

Last month BMW said it remained on course to fulfill its profit targets for 2021, regardless of increasing raw material costs, although a worldwide chip shortage will worsen and may affect production in the second quarter.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.


SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.


©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More