BMW sees no need to consider mergers (translated)
German vehicle group BMW sees no need to consider mergers due to the depth of its product range and its clear positioning in the premium segment, Boersen-Zeitung reported. The German newspaper quoted Friedrich Eichinger, the chief financial officer of BMW, who said that he cannot think of many successful merger projects in the vehicle industry. He said that BMW believes that it is very difficult to combine two vehicle manufacturers with different construction principles and workflows.
BMW has a market cap of EUR 52.025bn.
Source Boersen-Zeitung