BMW Confident It Can Maintain Strong Position in China, CFO Says

The transcript discusses the impact of the new NAFTA trade deal on BMW's operations in North America, particularly in Spartanburg and Mexico. It also covers the effects of the US-China trade war on BMW's pricing strategy and production plans. The transcript highlights BMW's recent profit warning due to market challenges, including WLTP regulations and product recalls. Finally, it outlines BMW's strategy in electric mobility, emphasizing its competitive stance against Tesla and plans for future electric vehicle launches.

What percentage of cars must originate from the NAFTA region under the new trade deal?

• 80%

• 75%

• 60%

• 50%

How did BMW respond to the US-China trade war in terms of pricing?

• Decreased prices by 5%

• Increased prices by 7.5%

• Kept prices the same

• Increased prices by 10%

What was one of the reasons for BMW's profit warning?

• Lack of new model releases

• Trade tensions between the US and China

• Delays in electric vehicle production

• Increased competition in Europe

How much negative impact did BMW estimate from trade tensions in 2018?

• $700 million

• $300 million

• $100 million

• $500 million

What is BMW's plan for electric vehicle releases by 2025?

• 10 electrified cars

• 15 electrified cars

• 20 electrified cars

• 25 electrified cars

Which electric vehicle model is BMW planning to launch next year?

• Mini full electric

• BMW i8

• BMW iNext

• BMW i3

How does BMW view competition in the electric vehicle market?

• As a barrier

• As irrelevant

• As a motivator

• As a threat