Feb 19 • 14:15 UTC 🇲🇽 Mexico Milenio (ES)

German automakers need China to compete in the world, says BMW CEO

BMW's CEO, Oliver Zipse, emphasized the importance of cooperation with China for the automotive industry amid growing global competition.

Oliver Zipse, the CEO of BMW, has highlighted the critical role of China in the global automotive market, cautioning that neglecting this key player could jeopardize future economic success for German automakers. As China stands as the world's largest automotive market, Zipse's remarks come ahead of an upcoming visit by German Chancellor Friedrich Merz to the country, indicating the strategic importance of solidifying economic ties with Chinese authorities. This visit is being closely watched, as it may provide insights into Germany's approach to one of its main trading partners.

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