BMW

BMW's strong ties with China are a "win-win" as the car industry shifts towards greener, more connected vehicles, said CEO Oliver Zipse after Chinese Premier Li Qiang visited the German carmaker's headquarters in Munich on Wednesday.…

BMW expects to reach the higher end of its 7-9% margin target for the cars business and sees slight sales growth in 2023, chief financial officer (CFO) Nicolas Peter said in a roundtable on Monday. Demand was recovering in China in the…

BMW has developed a data hub with Amazon’s cloud computing division, in a sign of how companies are increasingly using “big data” to try to boost efficiency. “We want to switch from gut-driven decisions to data-driven decisions,” said…

BMW BMWG.DE said on Wednesday third-quarter profit rose almost 10% thanks to rebounding Chinese demand for luxury cars and it reiterated its outlook, even as a wave of coronavirus infections continues to sweep Europe and the United states.…

BMW (BMWG.DE) expects to make a profit this year if demand continues to recover, despite posting a record loss for its car division in the second quarter after sales slumped 25% because of coronavirus lockdowns, it said on Wednesday. The…

BMW (BMWG.DE) will not extend the contracts of 10,000 contract workers, a company source told Reuters on Friday, as the German luxury carmaker seeks to reduce its capacity due to the coronavirus crisis. The Munich-based company said…

BMW (BMWG.DE) on Thursday said China sales of luxury passenger cars rebounded in April but the German premium car and motorbike manufacturer cautioned that other markets including the United States will be “very slow” to recover from the…

German carmakers including Volkswagen (VOWG_p.DE) and Mercedes-Benz (DAIGn.DE) will restart production at some German factories next week after the country eased restrictions designed to contain the coronavirus outbreak. Chancellor…

BMW, on Thursday, said it was closing three of its factories in the Chinese city of Shenyang, where it employs around 18,000 people and manufactures half a million vehicles every year, amid the ongoing coronavirus pandemic. According to…

BMW on Tuesday announced new 2020 X6 Sports Activity Coupe, the latest version of the combined attributes of the Sports Activity Vehicle with the more aggressive DNA of a BMW created over 10 years ago. Prior to the latest 2020 version,…