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BMW to rethink strategy with driverless vehicles

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The market penetration of autonomous cars is expected to reach 13 per cent by 2025, representing a market of some US$42 billion.

Frankfurt

GERMAN carmarker BMW is preparing to rethink its products, design and business models for the advent of driverless cars, a board member at the Bavarian company said on Tuesday. Peter Schwarzenbauer said the competitive advantage for premium carmakers will be rooted in their...

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