BMW Says EU Subsidy Probe Of China-Made EVs Could Backfire
BMW CFO Walter Mertl warns that if the European Union will impose high tariffs on Chinese vehicle imports, it could do more harm than good.
BMW CFO Walter Mertl warns that if the European Union will impose high tariffs on Chinese vehicle imports, it could do more harm than good.
BMW Chief Financial Officer Walter Mertl revealed the German automaker is spending even more on the development of electric vehicles.
In its latest meeting, BMW AG's Supervisory Board designated Walter Mertl, aged 49, as the new Finance Board of Management member.