DETROIT – As the auto industry ponders 2003, BMW AG is looking beyond the near-term and pegging its future on an aggressive 40% ­growth target – to 1.4 million vehicles – over the next six years. BMW Chairman Helmut Panke is upbeat on China’s long-term outlook. Unlike some manufacturers struggling to survive, BMW has set its sights on expanding its global manufacturing and product footprint to capture a bigger share of the world market and boost already healthy profits. On ...

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