Krause didn’t reveal any potential targets, but previous reports suggested that BMW was considering an acquisition of Volvo and had even met with the Swede’s finance team on a fact finding mission. BMW is, however, wary of the mistakes made with the failed takeover of the Rover Group seven years ago but isn’t deterred from trying again with a new partner.
Other strategies that BMW will focus on cover such things as new products, currency hedging, improving production efficiency and a possible collaboration on developing and building environmentally friendly engines.