BMW CEO: Working to Safeguard Liquidity During Coronavirus Crisis - News Summed Up

BMW CEO: Working to Safeguard Liquidity During Coronavirus Crisis


FRANKFURT — BMW Chief Executive Oliver Zipse said the carmaker is focussing on preserving the health of its balance sheet and workforce which have come under strain during the coronavirus crisis. "No company can possibly get through something like this unscathed. The Management Board are currently meeting twice as often as normal, so we can make the necessary decisions," Zipse said in a statement on Friday. It's essential that we synchronise with the supplier network on this," Zipse said. (Reporting by Edward Taylor; editing by Thomas Seythal)


Source: International New York Times April 03, 2020 11:03 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */