PINK:BMWYY
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At Close: Jan 03, 2025
BMW shares slumped on Tuesday, falling 7%, after the German automaker said volumes in China were below expectations and that the U.S.-European Union tariff agreement has yet to materialize.
BMW shares were seen down 3% in pre-market indications on Wednesday after the German carmaker cut its 2025 earnings forecast due to changed U.S. tariff assumptions and weaker-than-expected growth in t
German automaker BMW has cut its 2025 earnings forecast due to slow growth in China and U.S. import tariffs, the company said in a statement on Tuesday.
German carmaker BMW reported on Tuesday rising sales in the third quarter of the year, lifted by its performance in Europe and in the United States.
South Africa and Europe should collaborate on building an alternative "value chain" for electric vehicle components such as batteries, to reduce dependence on China, the CEO of BMW South Africa said,
BMW is recalling over 145,000 vehicles in the US as an overheated starter could increase the risk of a fire, the National Highway Traffic Safety Administration said.
BMW is recalling over 145,000 vehicles in the U.S. as the starter motor may overheat from an electrical overload, the U.S. National Highway Traffic Safety Administration said on Wednesday.
A new and dangerous flaw has sent a fresh shockwave through the German auto giant BMW AG, forcing it to recall at least 331,000 vehicles in the latest chapter of a deepening and costly quality control
BMW is recalling over 196,000 vehicles in the U.S. as the engine starter relay may corrode, leading to overheat and short circuit, increasing the risk of a fire, the U.S. National Highway Traffic Safe
Ford Motor Co. (NYSE: F) cut 1,000 workers in Germany because of slow electric vehicle (EV) sales.
German luxury carmaker BMW will start series production of its iX3 electric model at a new plant in Debrecen, Hungary from the end of next month, the company said in a statement on Wednesday.
Qualcomm and BMW jointly developed an automated driving system that will debut on the BMW iX3. Qualcomm CEO Cristiano Amon told CNBC that the Snapdragon Ride Pilot Automated Driving System is availabl
BMW is monitoring its highly competitive China market in terms of pricing ahead of the launch of the new iX3 model there next year, head of sales Jochen Goller said on Monday.
Electric versions of the luxury brands' bestsellers represent Europe's boldest efforts yet to catch up with U.S. and Chinese technology.
BMW expects its all-electric Neue Klasse series to reignite growth in China, its largest market, following a significant drop in sales in the first half of 2025.
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