Nicholas Peter, 64, has labored at BMW since 1991, maximum just lately as CFO. A 12 months in the past, the physician of legislation were given the placement of president of the supervisory board of the auto corporate. In his first interview, he explains what the business may be offering to make sure the EU lets in interior combustion engines to run longer.
DIE ZEIT: Mr. Peter, why has Germany misplaced its standing as a car-loving nation?
Nicholas Peter: It is a very German view. Once I communicate to folks from out of the country, German producers are nonetheless very talked-about. Particularly in a global that’s not really easy for all gamers, for instance because of price lists in the United States. Nonetheless, 3 German producers made a complete benefit of virtually 5 billion euros within the first quarter. And BMW exports considerably extra automobiles from Germany than we promote right here. Two excellent signs of a robust industry location.
