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BMW, Volkswagen AG and Mercedes-Benz parent Daimler AG are under pressure to keep costs under control as auto demand in Europe heads for its sixth straight annual decline in 2013 after sales last year dropped to their lowest level in almost two decades.

Photographer: Guenter Schiffmann/Bloomberg

BMW, Volkswagen AG and Mercedes-Benz parent Daimler AG are under pressure to keep costs under control as auto demand in Europe heads for its sixth straight annual decline in 2013 after sales last year dropped to their lowest level in almost two decades.
February 19, 2013
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