BMW Says There's ‘No Dramatic Drop' for Diesel Cars

BMW AG will be able to weather a gradual drop in diesel car deliveries, which have only fallen slightly over the last year and are “not collapsing,” Chief Financial Officer Nicolas Peter said.

“I would expect maybe we see an ongoing slight decline of diesel but I don’t expect a dramatic drop,” Peter said Friday in an interview at Bloomberg’s New York headquarters. The automaker has been able to offset the drop with additional sales of gasoline, plug-in hybrid and electric vehicles, with more on the way.