Automakers

BMW CEO defends record after first automaking loss in decade

"Your company remains strong, through both calm and stormy times," BMW CEO Harald Krueger told shareholders at the automaker's annual meeting. (Reuters)
OS
By:
Oliver Sachgau
B
By:
Bloomberg
|
May 16, 2019 02:07 PM

MUNICH -- BMW CEO Harald Krueger defended his track record at the company's annual meeting, highlighting its luxury lead in the U.S., as the automaker battles to reverse weak margins.

Staying current is easy with newsletters delivered straight to your inbox.