BMW chief blasts German govt on tax plans

Newswire

FRANKFURT, Nov 27 (Reuters) - The head of luxury car maker BMW blasted the German government over planned tax hikes on Wednesday, saying they would hit the firm's sales and cost it an extra 120 million euros a year. Helmut Panke said in an interview with the Sueddeutsche Zeitung to be published on Thursday that Germany's centre-left government was failing to tackle the country's basic structural problems, instead trying to gloss over them with tax hikes. "We have too much state ...

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