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Quote by Norbert Reithofer

“I am firmly convinced that the trend toward more fuel-efficient vehicles is not a fad. Gas prices will continue to rise in the medium to long term, because demand is growing considerably in China, India and other countries.”

Author

Norbert Reithofer

Norbert Reithofer is a German businessman born on May 29, 1956. He has extensive experience in the automotive industry and served as the CEO of BMW Group. more

“In the European Union, a fleet average of 95 grams of CO2 per kilometer will be permitted in 2020. This corresponds to fuel consumption of about four liters (per 100 kilometers; about 59 mpg). We have to continue reducing the fuel consumption of our vehicles and offer hybrid and electric vehicles, or else we will be unable to achieve these values.”

Values Four Achieve Offers Unions Average Fuel Vehicle Electric Consumption Reducing European Union Hybrid Co2 Electric Vehicles

Author:Norbert Reithofer

“Politicians in Europe want change. The United States and China will follow this trend. One could see this is a threat, but it's also an opportunity. We at BMW want to take advantage of this and, through innovations, place ourselves at the forefront.”

Want States Opportunity United United States Politician Europe Advantage Innovation Threat China Trends Bmw

Author:Norbert Reithofer

“European carmakers pledged to reduce CO2 emissions by 25 percent from 1995 to 2008. We kept our word and reduced the value even more. This is not the result of short-term gimmickry. We decided years ago to develop the relevant models and engines, otherwise we wouldn't be able to offer them today.”