Bayerische Motoren Werke AG (BMWG.DE)
12 Dec 2013
|Market Cap (Mil.):||€51,813.74|
|Shares Outstanding (Mil.):||656.26|
FRANKFURT, Dec 11 - Daimler will introduce 20 more models in China in the next two years, aiming to boost sales of its luxury Mercedes-Benz brand in the world's largest car market to 300,000 cars by 2015 without resorting to large discounts, a senior manager said.
FRANKFURT, Dec 12 - Daimler is set to name Bernd Pischetsrieder, a former chief executive of rival BMW , to its supervisory board next year as it seeks to add managers with knowledge of the automotive industry, a newspaper reported.
FRANKFURT, Dec 10 - German carbon specialist SGL Group, which helps make carbon fibre reinforced parts for BMW's electric compact car i3, said on Tuesday that up to 300 jobs would be affected by its ongoing cost cutting programme.
BERLIN, Dec 5 - Audi's chief designer will quit at the end of the year, the latest in a string of high-level departures from a brand wrestling with BMW for dominance of the luxury car market, Germany's Auto Bild magazine reported.
BERLIN, Dec 5 - Audi's chief designer will quit at the end of the year, the latest in a string of high-level departures from a company wrestling with BMW for dominance of the luxury car market, Germany's Auto Bild magazine reported.
BERLIN, Dec 2 - Audi will add a baby sport utility vehicle (SUV) to its offerings in the fast-growing market as the Volkswagen-owned division fights German rivals BMW and Mercedes-Benz for the top spot in luxury sales.
PARIS, Dec 2 - German luxury carmaker BMW and France's PSA Peugeot Citroen have not yet decided whether to extend or end their partnership on small petrol engines when the project expires in 2016, BMW's boss said in a newspaper interview.
BMW has chosen Thailand as its first production base for motorcycles in Asia, the Nation reports. Stephan Schaller, head of BMW Motorrad, the German company's motorcycle unit, said deliveries of the locally assembled F800 R, its mid-sized model, in the Thai market would start through its dealership network next quarter. (http://link.reuters.com/pym94v)
BERLIN, Nov 27 - BMW's new all-electric i3 car fared poorly in a crash test survey for its pedestrian protection.
GUANGZHOU/BEIJING - German auto giants Volkswagen AG, BMW and Daimler see China's future as being electric - encouraged by generous government subsidies - but that bet puts them at odds with some of their Asian rivals.