With new models boosting greater demand for its cars, the finance chief of the German carmaker, BMW told a newspaper on Saturday that the company is expecting a further increase in sales next year however did not give a detailed forecast.
The finance chief, Friedrich Eichiner, states that it is expected by the company that there will be further growth by 2015 since it will be then that the full effect of the introduction of the new models to the market on production and sales by next year. He also stated that though growth is certain, it is actually difficult to foresee as to how it will be impacted exactly.
It is also confirmed by the finance chief that the operating margin of BMW is to increase by 8-10 percent in its car segment and that the group profit forecast for 2014 of BMW is to increase by up to 10 percent.
In the topic of a merger, Eichiner, states that there is a lack of a reason for it.
He states that the car industry does not have a positive example of such and the company’s clear positioning and broad portfolio in the segment of premium cars, BMW does not have a need for a merger.