BMW (BMWYY)
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Tesla Crashes German Party; VW Says Work Harder, BMW Plays Premium Card
2021-11-11 10:02The Tesla Model 3 topped the European electric car sales charts over the first nine months and this provoked a wary reaction from VW, conceding that Elon Musk's company was much more efficient, while BMW cast aspersions about Tesla quality and heritage.
BMW cuts east German working hours to same as west
2021-11-05 05:18BMW will cut working hours at its east German plant from 38 to 35, in line with its west German factories, it said on Friday, in a move welcomed by the works council as bringing long-awaited equality 30 years after the fall of the Berlin Wall.
Why BMW's Third-Quarter Profit Jumped 50% Despite the Chip Shortage
2021-11-03 18:03Let's just say that BMW customers shouldn't expect discounts right now.
BMW, Like Mercedes, Manages To Raise Profits While Sales Slide
2021-11-03 08:20BMW pleased investors with a 50% increase in 3rd quarter profits and joined Mercedes in managing to increase earnings while sales slipped.
BMW's fully electric car sales on track to double this year, but still way short of Tesla
2021-11-03 07:41BMW is one of several well known automotive companies pushing an electrification strategy.
BMW Shrugs Off Chip Shortage to Post Earnings Beat. EV Sales Helped.
2021-11-03 07:13The German auto maker was less affected by semiconductor supply issues than rivals Volkswagen and Stellantis.
BMW offsets lower deliveries with higher prices, EV sales
2021-11-03 03:25Higher prices and strong electric vehicle sales helped German automaker BMW beat analysts' forecasts on Wednesday with a 42.4% year-on-year increase in third quarter net profit to 2.58 billion euros ($2.99 billion).
BMW offsets low deliveries with increased prices for higher Q3 profits
2021-11-03 02:56German automaker BMW reported third-quarter earnings before interest and taxes of 2.88 billion euros ($3.33 billion) on Wednesday, beating analysts' expectations of 2.34 billion euros, as it offset reduced deliveries with higher prices.
BMW backs full-year guidance after reporting jump in profit
2021-11-03 02:04BMW AG on Wednesday backed its guidance for the full year after reporting a jump in third-quarter profit driven by positive effects from pricing and product mix.
BMW starts producing new electric model, commits to emissions-free transport at main plant
2021-10-22 09:03German automaker BMW's first sales-ready battery electric i4 models rolled off production lines at its main plant in Munich on Friday, as the company expands its electric offering under industry-wide pressure to reduce emissions.