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At Close: Jan 03, 2025
BMW joins Chinese EV makers in filing EU court challenge to tariffs
10:33am, Friday, 24'th Jan 2025
BMW has joined Chinese producers in filing a challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on China-made electric vehicles (EVs), according to a filing on the court
BMW CEO won't extend contract beyond summer 2026, reports manager magazin
06:53am, Thursday, 23'rd Jan 2025
BMW Chief Executive Oliver Zipse will not extend his contract beyond the summer of next year, when it expires, Germany's manager magazin reported on Thursday, citing a source familiar with the matter.
BMW Is Beaten Down, But A Turnaround Is Likely
10:12am, Wednesday, 15'th Jan 2025
BMW Group had a bad year 2024 due to the confluence of several factors. Problems with a braking system and persistent weakness in China reduced deliveries, revenue and profit. Shares are down by 30% f
BMW and Porsche have a China problem. They're not the only ones.
07:27am, Monday, 13'th Jan 2025
Porsche and BMW are the latest automakers to report sliding sales in China. The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors.
BMW group annual sales fall on weak demand in China, Germany
06:10am, Monday, 13'th Jan 2025
BMW posted a drop in annual sales on Monday, joining its German peers in reporting numbers weighed down by economic weakness in China, the world's largest car market, and Germany.
BMW's new UI puts widgets on the windshield
01:22pm, Tuesday, 07'th Jan 2025
BMW is totally revamping its in-car user interface, starting with the Neue Klasse sedan later this year and ultimately spreading to all models, the company announced at CES 2025. Some of it looks and
BMW plans to install new 'panoramic' display in all vehicles
12:17pm, Tuesday, 07'th Jan 2025
The automaker revealed a new "BMW iDrive" system, which has a windshield-length display, and "BMW Operating System X" Tuesday during the CES tech show. BMW plans to offer the system on its new vehicle
BMW, Yamaha Motor back US rare earths startup Phoenix Tailings
11:30am, Tuesday, 31'st Dec 2024
BMW and Yamaha Motor have invested in U.S.-based rare earths processing startup Phoenix Tailings, the latest move by manufacturers to boost production of the strategic metals outside of China.
BMW Faces Similar Challenges To Other German Automotive, But Offers Good Valuation
12:56pm, Thursday, 12'th Dec 2024
BMW faces declining sales and margins, especially in China, due to commoditization and competition from Chinese manufacturers, impacting its luxury brand value. Despite challenges, BMW's strong capita
Former CFO Peter to lead BMW supervisory board, Handelsblatt reports
01:13am, Wednesday, 04'th Dec 2024
BMW's former finance chief Nicolas Peter has been tapped to lead the German auto group's supervisory board, succeeding Norbert Reithofer, the Handelsblatt newspaper reported on Wednesday, citing compa
Bayerische Motoren Werke Aktiengesellschaft (BMWYY) Q3 2024 Earnings Call Transcript
02:07pm, Wednesday, 06'th Nov 2024
Bayerische Motoren Werke Aktiengesellschaft (OTCPK:BMWYY) Q3 2024 Earnings Call November 6, 2024 4:15 AM ET Company Participants Maximilian Schöberl - Investor Relations Oliver Zipse - Chief Executiv
BMW faced ‘extraordinary challenges' in third quarter, admits carmaker
04:20am, Wednesday, 06'th Nov 2024
BMW AG (ETR:BMW) faced “extraordinary challenges” in the third quarter, as technical issues with its Integrated Braking System (IBS) and a decline in Chinese demand impacted its financial performa
BMW Posts Sharp Fall in Automotive Profitability
01:53am, Wednesday, 06'th Nov 2024
BMW reported a sharp drop in profitability for its key automotive unit, hit by costs of a recall and weak demand in China, even as it forecast stronger earnings in the fourth quarter.
BMW reports drop in earnings related to China and brake issues
01:32am, Wednesday, 06'th Nov 2024
BMW reported a 61% drop in third-quarter operating profit on Wednesday, weighed down by weak demand in China and problems related to a braking system supplied by Continental.
EV Company News For The Month Of October 2024
09:44am, Tuesday, 05'th Nov 2024
Global electric car sales Sept. 2024 up 31% YoY to ~20% share. China sales up 51% to 53% share. Europe up 6% to 26% share. USA down 13.7% to 10.49%. EV market news - Trump to propose making car loan i
