|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||88.66 - 89.80|
|52 Week Range||77.10 - 97.35|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
BMW AG offered a glimpse of its self-driving iNext car, bringing its lineup of next-generation vehicles into clearer focus as the luxury-car market enters the digital era. The company, which showed off the copper-color Vision Next 100 in 2016, will offer a more concrete concept of the partly self-driving, electric iNext this year, Chief Executive Officer Harald Krueger said Thursday at the company’s annual shareholder meeting. More models will follow the iNext that’s due to enter showrooms in 2021, Krueger said.
As Tesla Inc. struggles with producing its first high-volume car, BMW AG has some ideas its electric-vehicle rival could learn from: embrace human labor, be flexible and focus on the details. Tesla, whose Model 3 is set to compete with BMW’s 3-Series and coming i4 electric sedan, has repeatedly pushed back production targets and temporarily halted assembly lines to rework them. Amid the struggle, founder Elon Musk has admitted to installing too many robots.
Mike Piccolo got a call from a friend about a deal on a new BMW with a price so cheap he thought it was a joke. The 45-year-old financial advisor from Ramsey, New Jersey, thinks of himself as a car nut, and his buddy is the kind of guy who likes to trawl the internet for car deals. This one appeared on a website, Leasehackr, frequented by fellow bargain hunters: a two-year lease on a 2017 BMW i3, the luxury automaker’s bug-like electric car, for just $54 a month.
Bayerische Motoren Werke Aktiengesellschaft (DB:BMW) is trading with a trailing P/E of 7x, which is lower than the industry average of 10.1x. While BMW might seem like an attractive stockRead More...
FRANKFURT, Germany (AP) — German automaker BMW AG saw first-quarter net profit rise slightly from an already high level as sales strengthened across all regions and the company's 5-Series sedan and X1 sport-utility logged double-digit increases.
BMW AG boosted profitability at its automotive operations, stoked by record sales of models like the 5-Series sedan, to offset the negative impacts of currency headwinds and increased technology spending. Both Daimler AG and Volkswagen AG last week reported first-quarter results weighed down by a strengthening euro. “Our industry is currently going through a phase of unprecedented technological change and must master the highly challenging conditions,” Chief Executive Officer Harald Krueger said in the statement.
BMW AG first-quarter profit failed to offset the hit from currency moves and higher spending on technology and new models, set to reach a record 7 billion euros ($8.4 billion) this year. Currencies, namely the yuan and ruble, pulled down sales by 5.1 percent to 22.7 billion euros in the period, BMW said Friday in a statement, mirroring reports by German rivals Daimler AG and Volkswagen AG last week that highlighted the fallout from a strengthening euro.
Just as China’s trade relations with the U.S. are at their worst in years, BMW AG is laying the groundwork to start exporting from its biggest market to buyers around the world including in North America....
BMW AG sees this month’s start of production of the X3 sports-utility vehicle in South Africa boosting the car maker’s output in the country to its highest-ever volumes as capacity increases.
German carmakers BMW (BMWG.DE) and Daimler (DAIGn.DE) are under increasing pressure to diversify production of their sports utility vehicles (SUVs) outside of the United States as a result of Washington's growing trade tensions with China. Beijing's proposed 25 percent tax on U.S. car factory exports will hit nearly 270,000 vehicles, with German carmakers accounting for $7 billion of the $11 billion total. "This is a tax on Southern Germany, not the U.S.," analysts at Evercore ISI said on Thursday.
Daimler and BMW, fierce rivals in the luxury-car business, are joining forces to try to fend off competition from tech giants like Uber to their on-demand transportation services.
BMW AG joined the growing list of carmakers sued by U.S. drivers for installing software designed to cheat diesel-emissions tests.
BMW AG will begin a car-subscription pilot in Tennessee next week, joining the ranks of automakers experimenting with new ownership models as ride hailing and smartphones upend traditional auto retailing....
BMW's revenue and profit were strong in 2017 and look to be strong again this year, even in the face of big R&D investments. But trade and diesel emission worries clouded the automaker's annual conference.
BMW AG became the latest in a list of carmakers under investigation over suspected illegal devices to influence emissions setups in its diesel vehicles -- even as the German carmaker said it simply made ...
Research and development of the next electric Mini will take place in China, BMW board member Peter Schwarzenbauer said on Tuesday, as the British brand awaits a new alliance with Chinese carmaker Great Wall Motor Co. BMW announced last month that it had signed a letter of intent with Great Wall, potentially giving the Chinese company its first foreign manufacturing partner and the German group's first Mini assembly site outside Europe. "It will be developed in China and it will be produced in China, but we don't know where yet," Schwarzenbauer told reporters ahead of the Geneva auto show, which opened to the media on Tuesday.