
BMW CEO Norbert Reithofer has hired management consultants from McKinsey to help draw up cost cuts aimed at saving between €3 billion to €4 billion ($4 billion to $5.4 billion) a year, a German business magazine said.

BMW CEO Norbert Reithofer has hired management consultants from McKinsey to help draw up cost cuts aimed at saving between €3 billion to €4 billion ($4 billion to $5.4 billion) a year, a German business magazine said.