Ride-hailing company Uber Inc has offered over 1 billion euros ($1.19 billion) to purchase Daimler and BMW’s joint mobility services company Free Now, German business magazine Manager Magazin reported on Wednesday.
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BMW on Monday said rebounding markets helped the German automaker to deliver higher-than-expected free cash flow in the automotive segment in the third quarter. Free cash flow totaled to 3.07 billion
Chongqing Changan Automobile said on Saturday that sales of the Changan Ford joint venture will increase this year. Chairman Zhu Huarong had made the comments at the Beijing International Automotive Exhibition
German automaker BMW AG and two U.S. subsidiaries agreed Thursday to pay an $18 million (£14.1 million) U.S. fine to resolve allegations that they revealed misleading information about the automaker’s
Chinese state-backed investors are thinking about taking BMW’s main Chinese joint-venture partner Brilliance private, five individuals with knowledge of the matter informed Reuters, in the recent such deal targeting beaten
Israel’s Tactile Mobility said on Tuesday its software will be embedded into the German automaker BMW’s next-generation vehicles starting in 2021. The collaboration will gear up with BMW vehicles with the
BMW expects to earn a profit this year if demand continues to recover, despite posting a record loss for its auto division in the second quarter after sales declined 25%
BMW will offer an entirely electric 5-series as part of sweeping product overhaul revealed on Monday as the German automaker looks forward to lowering vehicle emissions during production and on
German automaker BMW on Tuesday stated its electric cars will use battery cells produced by making use of renewable energy, a step which will convince the biggest suppliers to source
BMW should shift course and form a technology platform just for electric vehicles, departing from developing cars that can be fitted with either electric or combustion engines, according to the
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