BMW finance chief Friedrich Eichiner is upbeat about the prospects for the premium auto sector in 2012, predicting that sales will grow 8%, twice as fast as the overall car market.
BMW finance chief Friedrich Eichiner is upbeat about the prospects for the premium auto sector in 2012, predicting that sales will grow 8%, twice as fast as the overall car market.
“Around the world, we see market growth of 4% and more than 8% in the premium market,” he told Sueddeutsche Zeitung in an interview.
Growth will come from the US and China while Europe will remain flat, he said.
To meet that expected growth, BMW will expand production where demand is strongest, in India, China and Latin America, he said, while remaining committed to Germany.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
