By Nick Carey and Riham Alkousaa (Reuters) - BMW expects at least half of its sales to be zero emission vehicles by 2030, setting a more conservative target than some rivals in the race to embrace cleaner driving. In the short term, the German carmaker forecast on Wednesday a big year-on-year rise in pretax profit for this year, with a strong performance in all areas - from MINIS through its upmarket BMW brand to top-of-the-range Rolls-Royces. Its shares were up around 3.8% in morning trading. Bernstein analyst Arndt Ellinghorst said BMW had entered 2021 very confidently. In terms of electromobility, BMW is making good progress and is taking significantly fewer risks than VW, he said.
BMW expects half of its sales to be electric cars by 2030
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BMW expects at least half of sales to be electric cars by 2030
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BERLIN (Reuters) - Airbus will make no forced redundancies in France, Germany and Britain, the European planemaker said on Thursday, as it reached an agreement with a German trade union to protect jobs until the end of 2023.
A spokesman for Airbus, which has been hit hard by slumping demand for aircraft in the coronavirus crisis, said other measures - such as voluntary redundancy programmes, early retirement or internal transfers - had been agreed instead.
Negotiations started later in Spain, the spokesman said.
Airbus has been struggling to reach targets to cut staff as part of a restructuring plan affecting up to 15,000 jobs, especially at its headquarters in France and in German plants, sources had earlier told Reuters.
Airbus to avoid redundancies in Germany, France, Britain Reuters 04/03/2021 © Reuters/Benoit Tessier FILE PHOTO: A logo of Airbus is seen at the entrance of its factory in Blagnac near Toulouse
BERLIN (Reuters) - Airbus will make no forced redundancies in France, Germany and Britain, the European planemaker said on Thursday, as it reached an agreement with a German trade union to protect jobs until the end of 2023.
A spokesman for Airbus, which has been hit hard by slumping demand for aircraft in the coronavirus crisis, said other measures - such as voluntary redundancy programmes, early retirement or internal transfers - had been agreed instead.