BMW AG is setting its sights on the future, with plans to boost spending on electric cars and self-driving features to move on from the German auto industry’s diesel woes.
A day after agreeing to upgrade newer diesel cars and offer trade-in incentives on older models, BMW underscored its focus on managing the transition to an era of electric-powered robo-taxis. The Munich-based manufacturer has also taken on a more combative tone, pointing the finger at rivals Volkswagen AG and Daimler AG as being behind the curve.
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