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BMW said on Wednesday it is going to invest $1.7 billion in building electric vehicles in the United States. The announcement is the latest from a major automaker about plans
BMW sold almost as many cars in the third quarter as it did in the same period a year ago, following the ongoing war in Ukraine and supply shortages led
BMW sold almost a seventh fewer vehicles in the first half of this year compared with the same period in the last year largely due to chip shortages and lockdowns
BMW said on Thursday that production has officially started at a new plant in China with an investment of 15 billion yuan ($2.24 billion) as the automaker accelerates electric vehicle
BMW published an increase in first-quarter profit on Thursday. This was due to a reevaluation of the German automaker’s stake in its Chinese joint venture and strong pricing, that kept
Stellantis has agreed to purchase the Share Now car-sharing business from BMW and Mercedes-Benz as the two German companies concentrate more on the software part of their mobility alliance. Stellantis
BMW and Audi have suspended shipments of cars by rail from Germany to China due to the ongoing conflict in Ukraine, the automakers said on Tuesday. While both automakers produce
On Wednesday, BMW started pre-sales of the seventh generation of the BMW 7 Series, which is featuring an all-electric luxury sedan for the first time as well as hybrid and
BMW CEO Oliver Zipse said the companies need to be careful not to become too dependent on a few countries by focusing only on electric vehicles, adding that the market
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