BMW Invests €2 Billion In Germany While Cutting 8,000 Jobs In Major Overhaul

BMW is investing around €2 billion in its German factories for the next-generation 3 Series, even as it moves to eliminate roughly 8,000 jobs. Deutsche Welle’s Daniel Winter explains how competition from Chinese automakers, pressure in the EV market and rising costs are forcing BMW to become leaner, use more AI and rethink its global production strategy.

#BMW #Germany #AutoIndustry #ElectricVehicles #China #GermanEconomy #DeutscheWelle

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