10:33 AM EDT, 09/30/2026 (MT Newswires) -- BMW Group (BMW.F) plans to reduce its number of divisions and associated management roles by 20% by mid-2027, with a "comparable reduction" also expected for lower organizations, according to a Wednesday release. At its two-day capital markets event, the German carmaker said it will implement a voluntary severance program and accelerate its streamlining initiatives in the coming months. It will also deploy artificial intelligence across its operations to help improve its structure and cost base amid increasing competition.

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