Despite the big public debate right now, it will just be a niche technology.

220

The current exchange rate is an improvement, but it's still a challenge for us.

198

We will proceed under our own power. We are not thinking of link-ups, stakes, takeovers. I can clearly rule out all of these alternatives.

191

Prices have gone up in the U.S. but for us at least we have not seen a change in buyer behavior.

187

[But Panke acknowledged that the Mini's profit margins would be lower than that of other BMW cars in its first life cycle. BMW model life cycles are generally seven years.] We will not hit our usual profitability targets in the Mini's first life cycle, ... But we won't lose any money either.

134

We expect the BMW Group to remain on growth course in the financial year 2006. Our aim is to increase sales volume yet again and once again set a new record.

120

The adverse external factors -- unfavorable exchange rates, high raw-material prices and intense competition -- which we reported from the very beginning of the year have been largely offset by increased sales volume and internal efficiency improvement measures.

115

[Not everyone is optimistic about hybrids.] Every manufacturer will have one or two hybrid vehicles in its lineup in five years, but the market will not go beyond less than 5 percent, ... But the real challenge is to reduce the fuel consumption of the standard engine. Hybrid is not a substitute for that.

111

Currency factors, high raw material prices and intense competition are all having an adverse impact.

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