EU regulators charge BMW, Daimler, Volkswagen with emissions collusion
EU antitrust regulators charged BMW, Daimler and Volkswagen on Friday for hindering competition on emission cleaning technology between 2006 to 2014.
Search by tag: #bmw
BMW delivers 2019 profit warning and plan to cut costs by 12 billion euros
BMW expects group pretax profit to fall by more than 10 percent this year, it said on Wednesday as it announced a sweeping 12 billion euro ($13.6 bln) savings and efficiency plan to help offset higher technology investment and currency costs.
BMW, Mercedes-Benz lower prices in China after VAT drop
BMW AG and Mercedes-Benz said on Saturday they will lower their prices in China, after the government announced it will reduce the country's value-added tax (VAT) starting on April 1.
BMW third-quarter hit by upfront expenditure for electric car development
German carmaker BMW on Wednesday reported a 27 percent drop in third-quarter operating profit to 1.75 billion euros ($2.00 billion), missing analyst expectations amid currency headwinds and higher research and development expenses.
BMW expands car-sharing service DriveNow in London
BMW is expanding its car-sharing service DriveNow into five more London boroughs as the carmaker overcomes some of the barriers to operating across the city where firms need to strike agreements with separate local authorities.
BMW would up Dutch production in hard Brexit scenario: CEO
German carmaker BMW will shift more production of Mini vehicles to the Netherlands if Britain leaves the European Union without a trade agreement, Chief Executive Harald Krueger said on Tuesday.
BMW to build 1 billion euro car factory in Hungary
BMW will invest 1 billion euros ($1.17 bln) to build a new plant in Hungary at a time when a rise in protectionism is forcing carmakers to curb inter-continental exports and to refocus production networks to serve regional trading blocs.
BMW to raise prices of two U.S.-made SUV models in China by up to 7 percent
German carmaker BMW said it will raise the prices of two U.S.-made crossover sport-utility vehicles in China to take into account the additional cost of tariffs on U.S. car imports into the world's biggest auto market.
Volkswagen says BMW purchasing chief Duesmann to join board
Volkswagen said on Tuesday it has hired Markus Duesmann, head of purchasing and supplier network at rival BMW , as a member of its management team.