|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||86.58 - 87.88|
|52-week range||77.07 - 91.76|
|PE ratio (TTM)||7.46|
|Forward dividend & yield||N/A (N/A)|
|1y target est||92.88|
The London-based Formula E electric car racing series will leave Britain if Brexit goes ahead without a deal on tax and employment, Spanish chief executive Alejandro Agag said on Wednesday. Agag, who has lived in London for 15 years, said he was "very worried" by Brexit and Formula E could relocate its business to the European Union in the space of a day if necessary.
The London-based Formula E electric car racing series will leave Britain if Brexit goes ahead without a deal on tax and employment, Spanish chief executive Alejandro Agag said on Wednesday. Agag, who has lived in London for 15 years, said he was "very worried" by Brexit and Formula E could relocate its business to the European Union in the space of a day if necessary. "And a lot of our contracts come from the European Union in terms of sponsorship, so if there is not a deal in terms of tax and employment, we will leave.
Nov 15 (Reuters) - Shenzhen Deren Electronic Co Ltd * Says unit Meta System has been chosen by BMW as exclusive supplier of on-board charger for its Mini Cooper brand's electric vehicles Source text in ...
BMW AG ’s plan to switch exclusively to green electricity finds it tapping some unusual power sources -- including a South African biomass plant that runs on cow dung and chicken droppings.
Increasing the use of hydrogen in power, transport, heat and industry could deliver around one fifth of the total carbon emissions cuts needed to limit global warming to safe levels by mid-century, a report by the Hydrogen Council said on Monday. To encourage industries to use hydrogen, Toyota and Air Liquide helped set up the Hydrogen Council, a global lobby launched in January this year.
ChargePoint, a U.S. maker and operator of electric vehicle charging stations, said on Thursday it struck a deal with petrol station service group Technical Services Group (TSG), marking the latest step in the group's European expansion efforts. Through the deal, ChargePoint hopes to draw on TSG's strong presence on the continent, where the France-based company provides maintenance services to about 32,000 petrol stations and is also active in their construction. Privately-held TSG, formerly part of Tokheim before it was sold to U.S. industrial conglomerate Dover last year, supplies equipment and services to the fuel distribution industry in Europe and Africa.
German luxury car maker BMW raised its full-year earnings outlook, despite stagnant revenue and a drop in earnings, as it invests in electric vehicles and self-driving car technology.
Expenses related to developing the tech of the future -- and new models to better compete with Mercedes-Benz -- cut into the automaker's third-quarter earnings.
European shares pulled back from two-year highs on Tuesday as heavyweight defensive sectors dropped and some earnings reports disappointed, though oil stocks were a bright spot. The pan-European STOXX ...
BMW has lost some of its allure among investors as its rivals Audi and Mercedes overtake it in the profit stakes. BMW reported third quarter profits fell 5.9% to 2.42 billion euros ($2.8 billion) compared with the same period of 2016.
BERLIN (AP) — German automaker BMW AG says its third-quarter earnings were 1.8 percent lower than a year earlier as a result of increased costs for investments, research and development.
European shares rose on Tuesday buoyed by exuberant markets in New York and Asia with early sluggishness in the euro boosting the export-oriented DAX index to a new record high. A rebound in banks and ...
BMW AG lost ground to global luxury-car leader Mercedes-Benz as profits from carmaking fell while the euro’s gains prompted the manufacturer to reduce its forecast for automotive revenue.
Millions of Britons are set to experience the first interest rate rise of their adult lives on Thursday, and for some of those who loaded up on cheap credit to pay for cars or cards, that could spell trouble. The Bank of England is widely expected to hike borrowing costs for the first time in a decade, signalling an end to years of low rates that fuelled a rise in ultra-cheap credit and heavy borrowing on loans, cards and, most notably, cars. Regulators have clamped down on many of the riskier lending activities that thrived before 2008, from 'payday' loans with annual interest of over 5,000 percent to self-certified mortgages.
Instead, October U.S. auto sales reports on Wednesday showed that a collapse in sales of luxury sedans is accelerating. Consumers have gradually shifted over to luxury sport utility vehicles from sedans in the last decade, but the trend - which has occurred in both the non-luxury and luxury segments of the auto market - was particularly pronounced in October. Sales of Daimler AG (IOB: 0NXX.IL - news) 's Mercedes (Xetra: 710000 - news) -Benz S-Class, long a global benchmark for large, premium sedans, plunged 49 percent in October, and are down 24.8 percent for the year to date.
BERLIN, Oct (Shenzhen: 000069.SZ - news) 27 (Reuters) - Volkswagen (IOB: 0P6N.IL - news) lifted its profit target for the year on Friday after cost cuts at its core autos division helped it outstrip third-quarter earnings forecasts. VW is spending billions of euros to reposition itself two years after a diesel emissions scandal, focusing on electrification of its mass-market and luxury brands while developing what it calls "digital mobility services" for those who do not want to own a vehicle. Higher earnings at mass-market divisions such as VW's namesake brand and Czech unit Skoda as well as the trucks business lifted group results, while premium brands Audi and Porsche posted flat and lower profit.
BMW AG is tapping its own wind turbines and recycled batteries to power machines that make cars like its i3 all-electric model, adding a new shade of green to the its production chain.
European Union authorities have raided BMW’s offices over concerns that several German car makers violated the bloc’s cartel rules through agreements that might have suppressed technology costs.
BMW AG said it was raided by European Union antitrust watchdogs this week as the EU ramped up a probe into the German car industry following reports that carmakers colluded on technology for decades.
MUNICH/SHANGHAI, Oct (Shenzhen: 000069.SZ - news) 13 (Reuters) - Luxury German carmaker BMW (EUREX: BMWE.EX - news) is in talks to produce its Mini models in China in partnership with Great Wall Motor Co. , the Chinese carmaker said on Friday. The carmakers have been discussing plans to launch electric and conventional Mini models for 18 months, Great Wall said in a stock exchange filing that described the talks as preliminary. BMW said it planned to grow the Mini brand in China with a new local partner, without naming Great Wall.
MUNICH, Oct (Shenzhen: 000069.SZ - news) 13 (Reuters) - BMW (EUREX: BMWE.EX - news) would like to grow its Mini brand in China with the help of a Chinese partner, the group said on Friday, after China's Great Wall Motor (Shanghai: 601633.SS - news) said it was in talks to cooperate with the German premium carmaker. "It is only possible to accelerate growth of Mini in China with a local partner," BMW said. Great Wall Motor said it was in talks with BMW to cooperate on vehicles, including those the German firm produces under the Mini brand, and that the pair have not yet agreed on any new ventures.
BMW AG is in early talks with China’s biggest maker of sport utility vehicles about the possible production of Mini cars in the country, potentially marking the brand’s first manufacturing project outside ...
Magna International Inc., North America’s largest auto-parts supplier, is joining the consortium started by BMW AG, Intel Corp. and Mobileye to develop fully automated driving systems by 2021.
BERLIN, Oct (Shenzhen: 000069.SZ - news) 5 (Reuters) - German firms active in Britain should make provisions now for a "very hard Brexit", Germany's biggest industry group said on Thursday, because the government in London does not know what it wants. The Federation of German Industries (BDI) said British Prime Minister Theresa May's government lacked a clear strategy on how to exit the European Union following last year's referendum.