Express News | Lingyun Mexico passed the BMW project manufacturing process approval review
Express News | Passenger Federation: In April, BYD exported 41,011 vehicles, Tesla China 30,746 vehicles
Express News | German car giants oppose EU tax increases on Chinese cars, warning that the effect may be counterproductive
The Multi-talented 2025 BMW X5 Stands Out Among Midsize Luxury SUVs
By Colin Ryan This classy corner of the automotive world is rich in choices, and the X5 is exceptional. Pricing starts at $66,695. Pros Plush, roomy cabinEngaging to driveGood tech Cons Rides a b
Express News | BMW CEO opposes EU imposing additional tariffs on Chinese electric vehicles
Express News | BMW Brilliance launches 6 millionth vehicle
The double squeeze of high cost and low demand is still a “long way” for global automakers to become electrified
Recently, both European and Asian automakers warned that this will be a challenging year due to rising costs and falling demand for electric vehicles.
BMW Margin Target May Look Tough After Weakness in Typically Strong Quarter -- Market Talk
0848 GMT - BMW's key profitability target might look ambitious to some traders after a weak first quarter, which is typically a strong earnings period for the German luxury carmaker, Stifel analysts s
Rising costs dragged down BMW (BMWYYY.US) Q1 profit margin and sales in China fell 3.8%
BMW Group (BMWYYY.US) announced financial results for the first quarter on May 8. According to financial reports, BMW achieved revenue of 36.61 billion euros during the reporting period, slightly lower than 36.85 billion euros in the same period last year and market expectations of 36.86 billion euros; net profit was 2.79 billion euros, down from 3.42 billion euros in the same period last year, but exceeded market expectations of 2.61 billion euros; earnings per share were 4.42 euros, compared to 5.31 euros in the same period last year, and market expectations of 4.09 euros. The company's profit margin before interest and tax for the automotive business was 8.8%, slightly lower than the same period last year1
BMW Automotive Margins Should Improve Through The Year -- Market Talk
0730 GMT - BMW's 8.8% automotive margin may be below the 9.2% consensus expectation, but it sits comfortably within the company's full-year target range of 8%-10% and Bernstein sees potential for sequ
Germany's BMW Reports Higher Q1 Automotive Deliveries
German carmaker BMW (BMW.F) said Wednesday that its car deliveries increased year over year in the three months ended March 31.
BMW Says Costs, Low Used Car Prices to Weigh on 2024 Pre-tax Profit
BMW said on Wednesday (May 8) it expects a slight drop in pre-tax profit this year due to higher research and development, manufacturing and personnel costs, with a decrease in used car prices also contributing to the decline.
BMW Backs Guidance Despite Drop in Automotive Profitability -- Update
By Dominic Chopping BMW's key automotive unit reported slightly lower-than-forecast profitability in the first quarter as manufacturing costs rose, but the group maintained full-year guidance. The G
BMW Posts Lower Q1 Attributable Net Profit, Revenue
BMW (BMW.F) said Wednesday that profit for the first quarter of 2024 fell, while revenue slipped year over year.
BMW GAAP EPS of €4.42, Revenue of €36.61B; Reaffirms Outlook for 2024
Express News | BMW's sales for the first quarter were 36.61 billion euros, estimated at 36.82 billion euros, and EBIT for the first quarter was 4.05 billion euros, which is estimated at 3.96 billion euros. The profit margin before interest and tax for the automobile bus
BMW Revenue Expected Flat With Margins Near Midpoint of Full-Year Goal -- Earnings Preview
By David Sachs BMW is scheduled to report first-quarter results on Wednesday. The German, luxury-car maker's group sales--including the BMW, Mini, and Rolls-Royce brands plus motorcycles--rose 1.1%
Market Chatter: Mercedes-Benz Surpasses BMW to Become Top Seller of Imported Cars in April in South Korea
German automaker Mercedes-Benz replaced BMW to become the top seller of imported cars in South Korea in April, Yonhap News reported Tuesday.
BMW Starts EUR800 Million Expansion of Mexican Production Site
BMW (BMW.F) is investing 800 million euros in the construction of a new high-voltage battery assembly and other expansion projects at its San Luis Potosí production plant in Mexico. The German luxury
Express News | The number of car registrations imported from South Korea increased 1.5% year-on-year in April
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