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Old 05-06-2010, 11:21 AM   #1
scooter
 
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BMW teams up with Mercedes in order to cut costs

BMW is the world’s largest luxury automaker, but it may be feeling Audi breathing down it’s neck which is why the Bavarian company announced a massive cost cutting program.BMW will get some assistance from a partnership with Daimler AG’s, Mercedes-Benz unit, in order to*significantly reduce spending on components and suppliers by $5.2 billion by 2012.Mercedes [...]Related posts:
  1. Future purchasing agreement for BMW and Mercedes
  2. BMW and Mercedes-Benz to decide on their cooperation
  3. BMW investing another billion in the U.S. to expand

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