Helmut Panke, designated CEO of luxury German carmaker BMW AG is seen
prior to the annual news conference in Munich March 19, 2002. BMW said
on Tuesday its concentration on high margin niches meant it was
confident this year of improving its record 2001 profit, unit sales and
revenue. BMW posted a 59.5 percent rise in pre-tax profit to 3.242
billion euros last year on sales of 38.billion euros. REUTERS/Michael
Dalder

MAD/WR/AA