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BMW CFO: Still in a Position to Achieve Good Prices for Our Cars (Reuters)

Published November 3, 2022


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The article below is sourced from Reuters Wire Service. The views and opinions expressed in this story are those of the Reuters Wire Service and do not necessarily reflect the official policy or position of NADA.

BMW is still in a position to achieve good prices for its cars, the company's chief financial officer said on Thursday.

In the first nine months of this year, increased costs for materials and logistics amounted to nearly 2 billion euros ($1.95 billion). A higher proportion of electric-powered cars also contributed to increased costs, the finance chief added.

($1 = 1.0238 euros)

(Reporting by Christina Amann; Writing by Paul Carrel; Editing by Rachel More)

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