Helmut Panke
Helmut Panke
Helmut Gunter Wilhelm Pankeis a senior German manager and is currently holding board membership in several companies - Microsoft, Bayer AG and Singapore Airlines. During the last 30 years, Mr Panke's management career spread over several companies, including e.g. serving as the chairman of the board of management at BMW AG from May 2002 through August 2006...
needed reached volume
If each of us would have done it on our own we would never have reached the volume needed to make it economical,
debate despite niche public
Despite the big public debate right now, it will just be a niche technology,
adverse competition currency high intense material prices raw
Currency factors, high raw material prices and intense competition are all having an adverse impact.
buyer change gone prices seen
Prices have gone up in the U.S. but for us at least we have not seen a change in buyer behavior,
challenge current exchange rate
The current exchange rate is an improvement, but it's still a challenge for us.
bond earnings expect gain increase operating rolls
We also expect earnings to increase in 2006 at an operating level, excluding the exceptional gain from the exchangeable bond on Rolls Royce shares.
basically challenges comparable compensate cope exchange material prices rates raw situation
We have a comparable situation as we did have in 2005. The exchange rates are not worse, the raw material prices are not worse, so we basically have the same challenge, but we managed to cope and to compensate (for) most of those challenges in 2005.
assume bmw group growth path remain
We assume that BMW Group will remain on this path of growth in 2006.
customer educate teach
We should not try to educate or teach the customer about what he or she wants.
along continue course growth press
We will continue to press on determinedly along our course of growth and expansion.