BMW undergoes a tuneup: auto maker overhauls management roles, outlines sales objectives

Article Abstract:

German automobile manufacturer BMW AG announced a reorganization that sets new profitability and sales objectives and restructures company management. The new plans target a worldwide sales growth rate exceeding 40% by the year 2020 to over two mil vehicles per year. An interim goal of 1.8 mil in annual sales is set for 2012. Included in the reorganization is a change in roles for two board members and the addition of two new board members.

Organizational history, Company restructuring/company reorganization, Reorganization and restructuring, Company organization

---

BMW shares jump 8.7% on rumors

Article Abstract:

Bayerische Motoren Werke AG (BMW) saw its stock value rise by 8.7% as rumors that the company would intensify the restructuring of its struggling British Rover unit. The restructuring is an attempt by BMW to prevent a takeover. BMW said that it wishes to remain as an independent entity. The car maker added that the appointment of Joachim Milberg as chairman did not mean that a takeover was imminent.

Comment:

Stock value rises by 8.7% on rumors that company will intensify restructuring of its struggling British Rover unit

Germany, Motor Vehicles & Parts, Transportation Equipment Manufacturing, Abstract

---

BMW expects net profit to increase this year

Article Abstract:

Because of sales growth and foreign-exchange rates, BMW AG expects a net profit increase in 2008. Article discusses the company's 2007 net profit of $4.93 billion, stock value, strategic plans, and expected unit sales for 2012.

Sales, profits & dividends, Company sales and earnings, Company earnings/profit, Company business planning, Financial report

Similar abstracts:

• Abstracts: Development of a measure to access quality management in certified firms. Team formation: matching quality supply and quality demand
• Abstracts: Andros Pineapple and Apple Fruit Shake. Amanda Smith Deep Filled Apple Pie
• Abstracts: The real cost of M&A advice. From babes and sucklings: management consultants and novice clients. The impact of bid defenses in hostile acquisitions
• Abstracts: Modeling and solving a real-life assignment problem at universities. Performance assessment in higher education inn Britain
• Abstracts: Top Elektrim officials quit over scandal. Cable & Wireless cuts staff in U.K., adds in Asia. Deutsche Telekom CEO quits amid shareholder discontent

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.