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BMW is going to invest 1 billion euros ($1.17 bln) to construct a new plant in Hungary at a time when an increase in protectionism is forcing automakers to curb
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German automaker BMW stated it will increase the costs of two U.S.-made crossover sport-utility vehicles in China to deal with the additional expense of tariffs on U.S. vehicle imports into
Volkswagen on Tuesday stated engine development expert Markus Duesmann, presently head of purchasing and suppliers at competitor BMW, is to join the automaker’s management board. Duesmann is the second high-profile
BMW has given a contract worth just more than a billion euros ($1.16 billion) to China’s lithium battery maker Contemporary Amperex Technology Ltd, the German automaker stated on Thursday. The
BMW would have to shut down its Mini and Rolls-Royce plants located in Britain if Brexit seriously disrupts its supply chain, an executive at the German automaker told the Financial
BMW is expanding a recall of vehicles in Britain, which it launched last week, by 88,000 cars to an estimated of 390,000, following a BBC investigation which discovered that some
German automaker BMW expects the pace of growth of its China sales to nearly halve this year, the firm’s chief executive stated on Wednesday, amid a broader slowdown in the
Klaus Froehlich, the BMW board member in charge of development, is scheduled to join energy group E.ON’s supervisory board, the recent sign of convergence between both sectors in the area
Daimler and BMW’s new joint mobility services division aims to become an international player through both organic growth and acquisitions, Daimler Chief Financial Officer Bodo Uebber stated. “We want to
German automaker BMW will boost research and development (R&D) spending to an all-time high of up to 7 billion euros ($8.6 billion) in 2018 as part of motivation to bring
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