AUTOSHOW-BMW CEO eyes more cost cuts in 2006


GENEVA, Feb 28 (Reuters) - Germany's BMW , the world's largest premium carmaker, plans to improve efficiencies and reduce costs further in 2006, its chief executive told reporters at the Geneva motor show on Tuesday. "We will naturally continue to pursue cost and efficiency improvements this year," Helmut Panke said. Panke confirmed that the company achieved efficiency improvements of more than 400 million euros ($475 million) last year as currency exchange effects and raw materials ...

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