ABU DHABI/WAM Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...
Read More »The electric car rush started too early
By BMW AG’s high standards, 2016 wasn’t great. While it was a record year in terms of sales, the profit margin of its car business was the lowest since 2010 at 8.9 percent. The company missed analysts’ estimates, and the share price dropped. So CEO Harald Krueger’s decision to reaffirm the firm’s “Automated, Connected, Electrified and Shared” strategy raised ...
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