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BMW is sticking with sedans, even as some rivals cut back

Source: cnbc.com cnbc.com
News Snapshot:

BMW unveiled a refreshed 7 Series sedan in New York and Beijing in April and said it's committed to selling sedans. The vehicle will be first to have technology and other design features that the automaker had originally meant for electric vehicles. North America chief Sebastian Mackensen said the company has an "ambitious" brand sales target for 2026. BMW wants to keep making sedans in spite of U.S. tariff pressures on German imports and the far higher sales of sport utility vehicles, said Sebastian Mackensen, the company's North America chief.  Mackensen made the comments in an interview on Tuesday, a…

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