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2016.08.08:

The state council issued  the work plan for cost reduction of real economic enterprises〔2016〕No.48

To reduce costs for enterprises in the real economy, is an important decision and arrangement made by the party central committee and the state council to effectively ease the difficulties of real economy enterprises in promoting their transformation and upgrading, It is of great significance to effectively deal with the current downward pressure on the economy and enhance the ability of economic sustainable development, This program is formulated to ensure effective implementation of all tasks.



from

​ Chinese central governmentThe state council issued the work plan for cost reduction of real economic enterprises〔2016〕No.48

 

2017.10.03:

reported by news paper US Today ,Ford Motor group CEO Jim Hackett announced at an investor conference in New York on Oct. 02, 2017, that Ford Motor will reduce costs by $14 billion USD in the next five years, including $10 billion in materials costs and $4 billion in research and development costs, this is a massive strategic adjustment to adapt to the automotive electrification, autonomous driving in the product sector.


from

 USA TODAY《Ford's new plan: Invest heavily in electric and slash $14B in costs

2017.09.11:

《Auto motor und sport》, Daimler group (mercedes-benz) plan to reduce cost in total 4 billion EUR up to 2025, 50% are the product costs. Daimler need to use traditional business funding to support future projects in expanding to the future electric car at the same time, the EV business profits will be lower than currently. In the process of transition from traditional to electric vehicle, more investments are needed, profit margins will also reduced, explained Dr. Zetsche. The group intends to maintain a 10 percent profit margin as much as possible during the transition, but with the risk of reducing the profit margin to 8 percent, it plans to reduce costs by 4 billion EUR by 2025.



from:

Auto Motor Und Sport《Daimler will in Autosparte sparen, Kosten sollen um 4 Milliarden EUR sinken

2018.09.27:

Reuters reported, "there is potential to reduce production costs by 2.6 billion EUR by 2025," said Andreas Tostmann, VW director of production. "Factories have to be faster and leaner (in German schlank) and more efficient".


from:

Reuters《VW brand aims for 2.6 billion EUR in savings on 'leaner' production



2019.03.20:

BMW erwartet deutlichen Gewinnrückgang – Sparkurs wird verschärft.

Aufgrund der hohen Investitionen in die E-Mobilität haben sich die Münchener einen Sparkurs verordnet. Stagnierende Absätze, sinkende Gewinne und steigende Risiken. Nach dem Gewinneinbruch 2018 rechnet der BMW-Konzern auch 2019 mit einem Konzernergebnis vor Steuern „deutlich unter dem Vorjahreswert“. 2018 verdiente BMW vor Steuern 9,8 Milliarden Euro und erfüllte damit nach den Worten von Finanzvorstand Nicolas Peter „nicht unseren hohen Anspruch“. Die Konsequenz ist ein Sparprogramm unter dem Namen "Performance next". Zwischen 2017 und 2022 will der Konzern zwölf Milliarden Euro heben, vor allem über das Senken von Materialkosten und das Streichen von Modellvarianten.


von Handelsblatt

https://www.handelsblatt.com/unternehmen/industrie/jahreszahlen-bmw-erwartet-deutlichen-gewinnrueckgang-sparkurs-wird-verschaerft/24123506.html



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