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
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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
A shortage of semiconductors will remain an issue for the auto industry into 2023, BMW’s CEO Oliver Zipse said in an interview with Neue Zuercher Zeitung (NZZ) published on Monday.
BMW Group said on Wednesday production at all its plants located in the northeastern Chinese city of Shenyang will be temporarily suspended from Thursday because of the spread of COVID-19.
BMW more than doubled pre-covid-19 earnings in 2021 to 16 billion euros ($17.67 billion), the automaker said on Thursday, as higher prices and strong sales of the cars increased revenue
The German automaker BMW said on Tuesday it had halted the export of cars to Russia and is set to stop production on the ground there. The automaker also said
BMW has unveiled the world’s first “color-changing” car at the Consumer Electronics Show (CES) that took place in Las Vegas. The concept car, called the BMW iX Flow, utilizes electronic
BMW achieved record sales of more than 2.2 million vehicles from its BMW brand in 2021, the automaker said last week, outstripping 2019 sales even while a global chip shortage
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