BMW: The Munich profit engine declassifies the domestic competition in the [deepest industry crisis!]

With a surplus of nearly €7.5 billion in the past fiscal year, BMW distinguishes itself in earnings from national competitors. While Mercedes and Volkswagen have nearly halved their profits and the industry as a whole has significantly reduced jobs, the Munich car manufacturer only recorded a minimal drop in results and has so far completely refrained from layoffs. This industry-unusual stability is underpinned by local manufacturing in the US and a production architecture that allows for the simultaneous production of combustion engines, hybrids,...