Clear Quote by Norbert Reithofer
“As far as I'm concerned, however, it is clear that the concept of premium will be increasingly defined through sustainability in the future.”
About This Quote
Source speech: Annual Shareholder Meeting, BMW Group, 2022
Future premium products will be defined by their sustainability credentials rather than just luxury.
In simple terms: Premium will be tied to sustainability.
Prioritize eco‑friendly design for high‑end markets.
Themes
Mood
Type
When to use this quote
- product development
- marketing strategy
- consumer expectations
Key Concepts
Questions to Reflect On
- How can companies balance luxury and sustainability?
- What metrics define a sustainable premium?
Transitioning may increase costs and require new supply chains.