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This is what I read in wsj today:
“More SUVs are coming,” BMW Chief Executive Harald Krüger told journalists on a conference call, highlighting the planned launch of the X7, pegged to compete against the Lincoln Navigator, Cadillac Escalade, Range Rover and Mercedes-Benz GL, which would fill out the company’s portfolio.
Mr. Krüger stressed however that he saw risks as U.S. auto sales slow and that the company would not chase volume at the expense of the bottom line.
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