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Bayerische Motoren Werke AG (BMWG.DE)

BMWG.DE on Xetra

69.34EUR
23 Jul 2019
Change (% chg)

€2.57 (+3.85%)
Prev Close
€66.77
Open
€67.47
Day's High
€70.00
Day's Low
€67.35
Volume
3,530,566
Avg. Vol
1,934,004
52-wk High
€86.74
52-wk Low
€61.14

Latest Key Developments (Source: Significant Developments)

U.S. Bank Enters Co-Brand Agreement With BMW
Monday, 22 Jul 2019 

July 22 (Reuters) - U.S. Bank::U.S. BANK ENTERS CO-BRAND AGREEMENT WITH BMW TO ISSUE NEW CARDS WITH ENHANCED DIGITAL EXPERIENCES, GREATER VALUE TO CUSTOMERS.U.S. BANK - ALSO ACQUIRED EXISTING CREDIT CARD PORTFOLIO FROM BMW BANK OF NORTH AMERICA, LLC, AS PART OF AGREEMENT.  Full Article

Germany's VDA: Car Sales Predominantly Negative In International Markets
Wednesday, 17 Jul 2019 

July 17 (Reuters) - Bayerische Motoren Werke AG ::GERMANY'S VDA CAR BODY SAYS IN CHINA, U.S. AND EUROPE FEWER CARS WERE SOLD IN H1 THAN H1 2018.GERMANY'S VDA CAR BODY SAYS CAR SALES IN RUSSIA AND INDIA ALSO DECLINED IN H1 WHILE SALES IN JAPAN AT ROUGHLY SAME LEVEL AS H1 2018.GERMANY'S VDA CAR BODY SAYS ONLY BRAZIL SHOWED DOUBLE DIGIT GROWTH IN TERMS OF CAR SALES IN H1.  Full Article

BMW: CEO Harald Krueger Not To Seek Another Term Of Office
Friday, 5 Jul 2019 

July 5 (Reuters) - Bayerische Motoren Werke AG ::DGAP-ADHOC: CHAIRMAN OF THE BOARD OF MANAGEMENT WILL NOT SEEK ANOTHER TERM OF OFFICE.HARALD KRÜGER, TODAY INFORMED CHAIRMAN OF SUPERVISORY BOARD THAT HE WILL NOT SEEK ANOTHER TERM OF OFFICE BEYOND HIS CURRENT TERM RUNNING UNTIL 30 APRIL 2020.CHAIRMAN OF BOARD OF MANAGEMENT, HARALD KRÜGER, TODAY INFORMED CHAIRMAN OF SUPERVISORY BOARD THAT HE WILL NOT SEEK ANOTHER TERM OF OFFICE BEYOND HIS CURRENT TERM RUNNING UNTIL 30 APRIL 2020.SUPERVISORY BOARD WILL ADDRESS MATTER OF SUCCESSION IN ITS NEXT MEETING ON 18 JULY 2019.SUPERVISORY BOARD WILL ADDRESS MATTER OF SUCCESSION IN ITS NEXT MEETING ON 18 JULY 2019..  Full Article

BMW says America Vehicle Sales Rose 7.5% In June
Tuesday, 2 Jul 2019 

July 2 (Reuters) - BMW GROUP IN AMERICA::BMW GROUP IN AMERICA - SALES OF BMW BRAND VEHICLES INCREASED 7.5 PERCENT IN JUNE 2019 FOR A TOTAL OF 31,627 OVER 29,407 VEHICLES SOLD IN JUNE 2018..  Full Article

German VDA Carmaker Body Says June Registrations Fell By 5% To 325,200 Vehicles
Tuesday, 2 Jul 2019 

July 2 (Reuters) - German carmaker association VDA::GERMAN VDA CARMAKER ASSOCIATION SAYS JUNE REGISTRATIONS FELL BY 5% TO 325,200 VEHICLES.  Full Article

Fitch Says BMW, Daimler Most At Risk Of U.S. Tariff Rise, China Reprisal
Thursday, 9 May 2019 

May 9 (Reuters) - FITCH::FITCH SAYS BMW, DAIMLER MOST AT RISK OF U.S. TARIFF RISE, CHINA REPRISAL.FITCH SAYS EXPORT OF CHINA-MADE CARS TO U.S. OR EUROPE REMAINS LIMITED FOR MOST GLOBAL BRANDS.FITCH SAYS IN ISOLATION, RISKS OF INTENSIFYING CHINA-U.S. TRADE WAR HAVE A LIMITED RATING IMPACT ON ALL GLOBAL CARMAKERS.  Full Article

Daimler CFO Says Headwinds From Raw Material Costs To Be 500 Million EUR Or Lower This Year
Friday, 26 Apr 2019 

April 26 (Reuters) - Daimler ::CFO SAYS THERE ARE NO PLANS TO IPO MOBILITY SERVICES BUSINESS.CFO SAYS HEADWINDS FROM RAW MATERIAL COSTS TO BE 500 MILLION EUR OR LOWER THIS YEAR.  Full Article

BMW Group Sales Up 2.8 Pct In March
Thursday, 11 Apr 2019 

April 11 (Reuters) - Bayerische Motoren Werke AG ::GROUP SALES UP 2.8 PERCENT IN MARCH.BRAND SALES UP 3.7 PERCENT IN MARCH TO 221,631 VEHICLES.BRAND SALES UP 2.9 PERCENT IN U.S., 13.1 PERCENT IN CHINA IN MARCH.DESPITE COMPETITIVE GLOBAL MARKET ENVIRONMENT AND OTHER HEADWINDS, WE EXPECT TO SEE INCREASING MOMENTUM IN TERMS OF VOLUME.  Full Article

Volkswagen says Brussels proceedings limited to emission control systems
Friday, 5 Apr 2019 

April 5 (Reuters) - Volkswagen ::We confirm that in the ongoing Commission proceedings against BMW, Daimler, Volkswagen, Audi and Porsche, Volkswagen AG has received formal complaints from the Commission. By issuing these complaints, the Commission informs the undertaking concerned of the preliminary evaluation of the case and gives the company the chance to make a statement. Volkswagen will examine the complaints and issue a statement after evaluating the investigation file as part of its cooperation..The subject of the proceedings is restricted to the cooperation of German OEMs on technical issues within the context of what are known as the Circles of Five. The Commission is investigating if antitrust violations in connection with the development and introduction of SCR systems and "Otto" particulate filters occurred for passenger cars which were sold in the European Economic Area. The manufacturers are not charged with any other misconduct such as price fixing or allocating markets and customers. The Commission also sees no evidence of a connection between these proceedings and the allegations regarding the use of illegal defeat devices..  Full Article

ZF Friedrichshafen - No Desire For Further Acquisitions After Wabco Deal
Thursday, 4 Apr 2019 

April 4 (Reuters) - ZF Friedrichshafen ::THERE IS NO DESIRE FOR FURTHER ACQUISITIONS AT THE MOMENT AFTER WABCO TAKEOVER.WE ARE CONFIDENT THAT WABCO SHAREHOLDERS WILL APPROVE THE DEAL.CAR MARKET IN CHINA HAD WEAK START INTO Q1, EUROPE AND NORTH AMERICA ALSO BELOW OUR EXPECTATIONS.WE HAVE LARGE ORDER FROM BMW <<>> IN LOW DOUBLE DIGIT BILLIONS FOR HYBRID TECHNOLOGY, BIGGEST ORDER IN OUR COMPANY'S HISTORY.  Full Article

Photo

BMW picks insider Zipse as CEO to catch up with rivals

FRANKFURT BMW has named Oliver Zipse as its new CEO, continuing the German carmaker's tradition of promoting production chiefs to the top job even as the auto industry expands into new areas such as technology and services. | Video