BMW TO CUT ENGINES AND FEATURES FROM LINE-UP TO SEEK INVESTMENT FOR EV

Highlights:

• The company BMW is going to cut down the engines and features from the line-up in Germany
• The company is making this move as it has been seeking funds for the electric vehicle push

Nicolas Peter, who is the finance chief of BMW said that, the BMW has been aiming for coming back to its pre-pandemic operating margin target, as the economy of the market starts to recover,....