bmw earnings


BMW planning big layoff in 2008

We're so used to hearing that either GM, Ford or Chrysler will be laying off a chunk of its workforce that it demands a double-take when another automaker announces cuts. Today BMW has announced that it will cut thousands of jobs in 2008, with some outlets reporting up to 8,000 workers will get the axe. A spokesman for BMW revealed that most of the jobs lost would be in Germany and those leaving the company would predominantly be temporary workers. If the final number does reach 8,000 employees, that means BMW will shed 8% of its global ... Read more →

BMW is on a roll Stuart Waterman

BMW is doing much better than the luxury carmaker had forecast. Speaking at the company's annual meeting, CEO Helmut Panke (right) revealed that the company will reach its 2008 target of 1.4 million ...

BMW planning big layoff in 2008 1 year ago on Autoblog

We're so used to hearing that either GM, Ford or Chrysler will be laying off a chunk of its workforce that it demands a double-take when another automaker announces cuts. Today BMW has announced that it will cut thousands of jobs in 2008, with some outlets reporting up to 8,000 workers will get the ...

BMW is on a roll 3 years ago on Autoblog

BMW is doing much better than the luxury carmaker had forecast. Speaking at the company's annual meeting, CEO Helmut Panke (right) revealed that the company will reach its 2008 target of 1.4 million in annual car sales a full year ahead of schedule, in 2007. He is now targeting 1.6 million units by ...






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