BMW has raised its 2021 profit forecast on Tuesday following strong quarterly results but said the continued chip shortage and increasing raw materials prices would damage its performance in the …
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Nicolas Peter
BMW is in talks with labor representatives and its top providers as it looks forward to achieving cost savings of over 12 billion euros ($13.26 bln) by 2022, Chief Financial …
BMW expects headwinds from increasing currency and commodities costs to reach a mid to high triple-digit million euro amount in next year, Chief Financial Officer Nicolas Peter stated on Monday. …
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 …
BMW is positive about Washington’s drive to renegotiate the North American Free Trade Agreement (NAFTA) will lead to a deal that benefits the German automaker, it stated on Monday. “BMW …
Increasing costs for new models and technology will weigh on revenues at BMW for the rest of the year, it stated on Tuesday, as the German automaker fights to regain …
BMW has hired a law firm to assist with an internal investigation of a supposed cartel among German automakers and requires more time before any conclusions can be drawn, CEO …
BMW will simplify its manufacturing procedure, providing less variations of engines and equipment, to balance out high research and development (R&D) costs through 2019, the German automaker’s financing chief Nicolas …
BMW anticipates its research and development budget, when determined as a portion of sales, to increase in 2018, its CFO informed a German paper. “Decreasing CO2 emissions, electrifying engines and …
