BMW CEO Calls America 'Second Home' for German Automaker

BMW is celebrating its 25th anniversary by investing $600 million and creating 1,000 jobs in the US, emphasizing its commitment to the US market. The company exports $10 billion worth of cars, surpassing other manufacturers, and stresses the importance of free trade. BMW introduces new models, the X3 and X7, and discusses its manufacturing plans in the UK post-Brexit. Despite the Volkswagen scandal, BMW continues to see demand for diesel engines while also expanding its electric vehicle offerings.

What is the main reason BMW is investing $600 million in the US?

• To expand their manufacturing capabilities

• To celebrate their 25th anniversary

• To respond to high demand for the new X3 and X7

• To compete with Ford and GM

How does BMW's export performance compare to other manufacturers in the US?

• BMW exports more than any other manufacturer

• BMW exports the same amount as Ford

• BMW exports less than Ford and GM

• BMW does not export cars from the US

What is BMW's stance on free trade in relation to their US operations?

• They prefer protectionist policies

• They believe free trade is essential for growth

• They have not taken a stance on free trade

• They are indifferent to free trade policies

What is the expected market response to the new X7 model?

• It is not being marketed in the US

• It will only be popular in Europe

• It is anticipated to be a success

• It is expected to have low demand

How might Brexit impact BMW's manufacturing in the UK?

• Brexit will have no impact on BMW's UK operations

• BMW will increase production in the UK

• BMW is committed to its UK footprint but is cautious

• BMW plans to move all production out of the UK

What is BMW's perspective on the future of diesel engines?

• They will only produce electric vehicles

• They believe diesel engines are obsolete

• They plan to phase out diesel engines

• They see a continued need for diesel engines

What is BMW's strategy for electric vehicles?

• They are not focusing on electric vehicles

• They are reducing their electric vehicle lineup

• They are significantly increasing their electric vehicle offerings

• They are only producing hybrid vehicles