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Letter "H" » Helmut Panke Quotes
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«If each of us would have done it on our own we would never have reached the volume needed to make it economical,»
Author: Helmut Panke
«[But Panke acknowledged that the Mini's profit margins would be lower than that of other BMW cars in its first life cycle. BMW model life cycles are generally seven years.] We will not hit our usual profitability targets in the Mini's first life cycle, ... But we won't lose any money either.»
Author: Helmut Panke
«Prices have gone up in the U.S. but for us at least we have not seen a change in buyer behavior,»
Author: Helmut Panke
«[Not everyone is optimistic about hybrids.] Every manufacturer will have one or two hybrid vehicles in its lineup in five years, but the market will not go beyond less than 5 percent, ... But the real challenge is to reduce the fuel consumption of the standard engine. Hybrid is not a substitute for that.»
Author: Helmut Panke
«Despite the big public debate right now, it will just be a niche technology,»
Author: Helmut Panke
«Currency factors, high raw material prices and intense competition are all having an adverse impact.»
Author: Helmut Panke
«The current exchange rate is an improvement, but it's still a challenge for us.»
Author: Helmut Panke
«We will proceed under our own power. We are not thinking of link-ups, stakes, takeovers. I can clearly rule out all of these alternatives.»
Author: Helmut Panke
«The adverse external factors -- unfavorable exchange rates, high raw-material prices and intense competition -- which we reported from the very beginning of the year have been largely offset by increased sales volume and internal efficiency improvement measures.»
Author: Helmut Panke
«We expect the BMW Group to remain on growth course in the financial year 2006. Our aim is to increase sales volume yet again and once again set a new record.»
Author: Helmut Panke
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