Bayerische Motoren Werke AG (XTER:BMW)
€ 96.46 -6.44 (-6.26%) Market Cap: 61.33 Bil Enterprise Value: 111.42 Bil PE Ratio: 5.75 PB Ratio: 0.67 GF Score: 92/100
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Bayerische Motoren Werke AG IAA Mobility Keynote Media & Stakeholder Days Transcript

Sep 02, 2023 / 08:00AM GMT
Oliver Zipse
Bayerische Motoren Werke Aktiengesellschaft - Chairman of the Board of Management & CEO

Bravo. Bravo. A big thank you to the Grandbrothers. Well, as [Erol and Lukas] have just demonstrated, the analog and digital can merge to create a whole new experience.

Ladies and gentlemen, great to have you all here in Munich. Whether by train, plane, car, bike or on foot, no matter how you got here, you all have had a journey behind you. You came from all over the world here to Munich. This goes without saying, we're all used to being mobile. We are a mobile society, and what sounds [super null] is a fundamental basis how we all live together. Mobility is a cornerstone of personal freedom, self-determination and economic prosperity. Mobility is life that unites us and that will never change. People want to be free. They want to move forward. They want tomorrow to be better than yesterday, every day. In short, they want progress.

But they're also aware of the downsides. They know every improvement leaves a footprint that is a contradiction that has to be solved, and that is the

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