COVID-19: BMW aims at preserving the health of its balance sheet
COVID-19: BMW aims at preserving the health of its balance sheet The COVID-19 pandemic is creating chaos across the entire globe, including among automotive businesses. To address the issue, BMW boss Oliver Zipse sat down for an interview with German media to send a message to employees, customers and outsiders.
In the context of the Corona crisis, the Chairman of the Management Board speaks about the enormous challenges of the crisis, but also about the opportunities associated with it. Also, Zipse mentions the willingness of BMW employees to support the company in these difficult times. Furthermore, the BMW CEO will focus on preserving the health of its balance sheet and workforce. The board meetings are more frequent with several scenarios being prepared. Zipse says that the current...