Munich prosecutors fined BMW 8.5 million euros ($9.65 million) for administrative failures after the German luxury automaker set up the wrong engine management software into 7,965 vehicles, resulting in higher …
BMW AG
BMW’s group sales increased 1.1 percent worldwide in 2018 to 2,490,664 vehicles, the company stated on Friday, adding that it expected a slight increase this year regardless of challenging market …
- BMWPress Releases
Vukotich named as new head of autonomous driving development of BMW
by SpeedLuxby SpeedLuxGermany automaker BMW stated on Saturday Alejandro Vukotich is going to be the new head of its driver assistance and autonomous driving development department from January next year. Vukotich will replace …
BMW expects a hit to revenues of up to half a billion euros ($579 million) in 2019 if tariffs between the United States and China stay in place, Chief Financial …
German automaker BMW AG prepares more deals with mining companies to secure electric vehicle battery materials, and is open to establishing alliances to share the expenses of developing autonomous-vehicle systems, …
U.S. automakers are dealing with increasing pressure amid sluggish demand in the country, as Asian and European auto companies strongly increase vehicle production in North America, including a recent investment …
Daimler AG increased the most in three weeks after the business solidified its lead in the luxury-car market and said it’s positive of reaching this year’s hidden revenue objectives, regardless …
Mercedes-Benz outsold its high-end auto competitors in the United States in May, constructing its lead in a down month apparently due to ongoing need for its sport utility cars. Deliveries …
- BMWEuropeanPress Releases
BMW predicts better sales and earnings for 2010 on the back of an increase in sales
by Alex Patrickby Alex PatrickThere is news that BMW is raising its sales figures for 2010 and also it’s earning forecasts for the year. This has been due to the better than expected sales …
- BMWEuropean
BMW expecting ’single digit’ percent growth in 2010 sales
by Alex Patrickby Alex PatrickBMW AG has been reported to forecast its 2010 sales growth by not more than single digit percentage. This is in spite of outperformed sales in the first five months …

