MUNICH (Thomson Financial) - Bayerische Motoren Werke AG chief executive
Norbert Reithofer is introducing a short-term savings programme to generate the
"couple of hundred million euros" needed to enable the carmaker to reach its
earnings targets, manager magazin reported.
The magazine quoted company sources in the article, which is to be published
tomorrow.
For 2007, Reithofer has promised a pretax profit of 3.8 bln eur, it added.
christoph.steitz@thomson.com
cs1/jms
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