China doesn't seem to have solution for COVID-19 lockdowns: BMW CEO
BMW CEO Oliver Zipse at an event on Friday said, "In China, [COVID-19] lockdowns are currently increasing, not decreasing...I am worried about how we [will] get out of the lockdown situation in future quarters. There is no visibility that China has a solution." Zipse said BMW's 2023 global sales should be at the same level as this year.