Ron Burgundy Posted March 16, 2016 Share Posted March 16, 2016 German carmaker BMW said it will focus on electric vehicles and automated driving and develop its software and technology services as part of a new strategy for the 100-year-old carmaker. The emergence of rivals including ride-sharing company Uber [uBER.UL] and technology group Alphabet which has developed its own self-driving car, has prompted BMW to rethink its traditional strategy of selling large powerful luxury cars. "We are leading BMW Group into a new era," Chief Executive Harald Krueger told journalists at BMW's annual results news conference. View the full article Quote Link to comment Share on other sites More sharing options...
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