|Bid||0.00 x 0|
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|Day's Range||71.14 - 72.61|
|52 Week Range||68.17 - 93.81|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
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BMW is set to begin production on two new models at its plant in Spartanburg, South Carolina. The X3 M and X4 M are high performance versions of the automakers popular SUVs. BMW Group BMW-DE is rolling out two new models, X3 M and X4 M, high performance versions of the automakers popular SUVs.
Companies based in Europe are adopting artificial intelligence in a distinctly European way that emphasizes privacy and limits risk. Longstanding cultural norms and traditions make Europe less hospitable to the collection, analysis and sharing of personal data. Regional values were emphasized last May when the European Union’s General Data Protection Regulation went into effect.
Given the global strength of BMW's BMWYY brands, including passenger vehicles, motorcycles, Mini, and Rolls-Royce, in addition to leading powertrain technology and consistent excess returns, we assign the company a narrow economic moat rating. BMW has generated returns on invested capital above its weighted average cost of capital in 10 of the past 12 years. Because of the strength of intangible assets, including brand and intellectual property, BMW has a narrow moat rating.
German carmakers on Wednesday warned of fatal consequences if Britain left the European Union without a divorce deal, predicting job losses in Britain and Europe and urging lawmakers to redouble efforts to ensure tariff-free trade can continue. British Prime Minister Theresa May's deal to leave the EU suffered an overwhelming defeat in parliament on Tuesday, leaving the country's future in limbo and manufacturers bracing for their "worst-case scenario", a no-deal Brexit. Britain would suffer most if it lost free trade with European markets since 80 percent of vehicles assembled in the country are exported, mostly to the European Union.
Mercedes-Benz sold 2.31 million passenger cars last year, likely enough to make it the top-selling premium automotive brand in 2018, although some analysts are questioning how much longer German manufacturers can dominate the luxury car industry. BMW (BMWG.DE), Audi (NSUG.DE) and Daimler-owned (DAIGn.DE) Mercedes-Benz have held sway in the market for high-performance limousines for decades, but analysts warn a shift towards electric and self-driving cars could open the door to new challengers, such as U.S. manufacturer Tesla (TSLA.O).
German carmaker BMW on Tuesday said it achieved record sales of 2.49 million BMW, Mini and Rolls-Royce vehicles last year. "BMW Group achieved record sales in 2018. 2.49 million vehicles mean the ...
Take the case of Brilliance China Automotive Holdings Ltd. The Hong Kong-listed company has lost 53 percent of its value since news broke earlier this year that BMW AG was taking a majority stake in their joint venture. Average daily unit sales rose 18 percent from a year earlier in the first two weeks of December, amid an auto market where demand has been plummeting. BMW Brilliance, which already makes some models solely for China, plans to produce more vehicles locally and import fewer.
Graphcore Ltd. is one of a number of companies trying to design a new class of chips that will be better at crunching the vast amount of data needed to make computers smarter. Existing investors Dell Technologies Inc. and Robert Bosch Venture Capital also participated in the round.
Ironically, those same frustrated foreign firms are in danger of missing out on the best moment in years to invest in China. Getting tougher on China is practically the only bipartisan issue inside the Beltway these days. European negotiators are pressing hard not only on market access, but on the less-visible tactics that China uses to disadvantage foreign companies, such as the approval of business licenses and overly aggressive compliance investigations.
BMW has joined a handful of automakers to compete with transportation upstart Didi Chuxing, which bought Uber's Chinese business in 2016. Last Friday, the German luxury carmaker launched a premium ride-hailing service in Chengdu, the capital of China's Sichuan Province with over 14 million people. The new offer is part of BMW's ReachNow carsharing brand that kicked off an electric vehicle rental business with a local partner last December.
BEIJING/WASHINGTON (Reuters) - China will temporarily suspend additional 25 percent tariffs on U.S.-made vehicles and auto parts starting Jan. 1, 2019, the finance ministry said on Friday, following a truce in a trade war between the world's two largest economies. The Ministry of Finance, in a statement on its website, also said it hopes China and the United States can speed up negotiations to remove all additional tariffs on each other's goods as it reduces tariffs from 40 percent to the 15 percent level that was levied before the current trade fight began. U.S. President Donald Trump welcomed the announcement.
Test vehicles developed to take that much power were recharged to 80 percent capacity in 15 minutes. Carmakers, developing a wave of electric models to keep up with tightening carbon emissions regulation, are under pressure to overcome consumer turnoffs like slow charging times and patchy infrastructure. With demand remaining tepid, BMW, Daimler AG and Porsche parent Volkswagen AG are also building a fast-charging network along major highways in Europe.