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Bayerische Motoren Werke AG (BMWG_p.DE)

BMWG_p.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Tata Motors Says Jaguar Land Rover & BMW Group Collaborates For Electrification Technology
Wednesday, 5 Jun 2019 

June 5 (Reuters) - Tata Motors Ltd ::SAYS JAGUAR LAND ROVER & BMW GROUP ANNOUNCE COLLABORATION FOR ELECTRIFICATION TECHNOLOGY.SAYS ELECTRIC DRIVE UNITS WILL BE MANUFACTURED BY EACH PARTNER IN THEIR OWN PRODUCTION FACILITIES.  Full Article

BMW April Brand Sales Up 2.3% Y/Y To 171,154 Vehicles
Tuesday, 14 May 2019 

May 14 (Reuters) - BMW ::APRIL BMW BRAND SALES UP 2.3% Y/Y TO 171,154 VEHICLES.APRIL GROUP SALES UP 0.7% TO 196,179 VEHICLES.BMW, MINI APRIL SALES DOWN 2.5% IN EUROPE, UP 18.2% IN MAINLAND CHINA, DOWN 2.9% IN U.S..  Full Article

BMW And Microsoft Developing A Joint Platform For Intelligent, Multimodal Voice Interaction.
Thursday, 9 May 2019 

May 9 (Reuters) - Bayerische Motoren Werke AG ::BMW AND MICROSOFT DEVELOPING A JOINT PLATFORM FOR INTELLIGENT, MULTIMODAL VOICE INTERACTION..BMW GROUP - CO& MICROSOFT'S TEAMS IN MUNICH, SEATTLE ARE WORKING ON NEW SKILLS WITH AIM OF CREATING ASSISTANT WITH CROSS-CHANNEL CAPABILITIES.  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

BMW Signs Agreement With DXC Technology To Accelerate Driverless Car Development
Monday, 8 Apr 2019 

April 8 (Reuters) - DXC Technology Co ::BMW SIGNS AGREEMENT WITH DXC TECHNOLOGY TO ACCELERATE DRIVERLESS CAR DEVELOPMENT.DXC TECHNOLOGY - SIGNED AGREEMENT TO SUPPORT BMW'S AUTONOMOUS VEHICLE DEVELOPMENT VIA HIGH PERFORMANCE D(3) PLATFORM.  Full Article

BMW Group To Recognise A Provision With Respect To EU Antitrust Proceedings
Friday, 5 Apr 2019 

April 5 (Reuters) - Bayerische Motoren Werke AG ::BMW GROUP TO RECOGNISE A PROVISION WITH RESPECT TO EU ANTITRUST PROCEEDINGS.EU COMMISSION IS INVESTIGATING WHETHER GERMAN AUTOMOBILE MANUFACTURERS COOPERATED IN TECHNICAL WORKING GROUPS TO RESTRICT COMPETITION IN DEVELOPMENT AND ROLLOUT OF EMISSION-REDUCTION TECHNOLOGIES.BMW GROUP WILL CONTEST EU COMMISSION'S ALLEGATIONS WITH ALL LEGAL MEANS IF NECESSARY.BMW GROUP WILL RECOGNISE A PROVISION, WHICH IS LIKELY TO EXCEED EUR1 BILLION.THIS EFFECT WILL NEGATIVELY IMPACT FINANCIAL RESULTS IN Q1 OF 2019.A FINAL EVALUATION OF FINANCIAL IMPACT IS CURRENTLY NOT POSSIBLE.GUIDANCE OF GROUP PROFIT BEFORE TAX FOR CURRENT FINANCIAL YEAR REMAINS UNCHANGED (SIGNIFICANT DECREASE COMPARED TO PREVIOUS YEAR).  Full Article

Daimler says doesn't expect fine for EU emissions technology charges
Friday, 5 Apr 2019 

April 5 (Reuters) - Daimler on EU antitrust regulators' charges::* We are aware that a statement of objections has been issued and are awaiting formal notification..* Daimler has been cooperating extensively with the European Commission as leniency applicant already at an early stage and does not expect to receive a fine in this matter..* We have no further comments to make, as this is an ongoing case..  Full Article

BMW To Begin Chinese Production Of Electric Cars In 2021 With Great Wall Motor - Nikkei
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Great Wall Motor Co Ltd <601633.SS>::BMW TO BEGIN CHINESE PRODUCTION OF ELECTRIC CARS FROM ITS MINI BRAND IN 2021 WITH GREAT WALL MOTOR - NIKKEI.A 50-50 JV SPOTLIGHT AUTOMOTIVE WILL BE ESTABLISHED IN JIANGSU PROVINCE CITY OF ZHANGJIAGANG WITH CAPITALIZATION OF 1.7 BILLION YUAN ($253 MILLION)-NIKKEI.A 5.1 BILLION YUAN FACTORY WITH A CAPACITY OF ABOUT 160,000 VEHICLES PER YEAR TO BE BUILT - NIKKEI.BMW & GREAT WALL WILL MAKE ELECTRIC MINIS AT THE NEW FACTORY & ALSO JOINTLY DEVELOP A SHARED PLATFORM & LAUNCH A NEW ELECTRIC BRAND-NIKKEI.  Full Article

BMW says expects solid growth in China this year
Wednesday, 20 Mar 2019 

March 20 (Reuters) - Bmw ::RESEARCH AND DEVELOPMENT CHIEF SAYS CARMAKER SUPPORTS ALL EUROPEAN BATTERY CELL MANUFACTURING AND DEVELOPMENT INITATIVES.CFO SAYS HAS NO PLANS FOR FORCED REDUNDANCIES WITH COST CUT PLANS.SAYS EXPECTS SOLID GROWTH IN CHINA THIS YEAR.SAYS IT IS IN TALKS WITH BAYERN MUENCHEN BUT CONTRACT HAS NOT BEEN SIGNED.SAYS DISRUPTION FROM DISORDERLY BREXIT WOULD LAST UP TO 6 WEEKS AND WOULD THEN NORMALISE.SAYS MINI'S BUSINESS WOULD NOT CHANGE DRAMATICALLY IF BREXIT TARIFFS WERE IN RANGE OF 0-5 PERCENT.SAYS CHINA EMERGING AS A DIGITAL DEVELOPMENT HUB FOR GLOBAL OPERATIONS, NOT JUST FOR DOMESTIC MARKET.SAYS IS NOT CONSIDERING BUYING OUT AUDI FROM BAYERN MUNICH SPONSORSHIP CONTRACTS.SAYS HAS APPLIED FOR TWO GRANTS FROM GERMAN GOVERNMENT TO DEVELOP BATTERY CELLS AND PRODUCTION.  Full Article

No IPO Plans For Mobility JV of Daimler, BMW - Daimler CEO
Friday, 22 Feb 2019 

Feb 22 (Reuters) - * CEOs of Daimler, BMW say on mobility JV, we aim to grow fast and profitably:* Daimler CEO when asked about possible IPO of mobility JV, says we are just starting and aim to grow together; no further plans.* Daimler CEO when asked about acquisitions, says we currently do not have concrete plans and targets; that may change as early as next week.  Full Article

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BMW's hybrid cars to switch to electric only mode in polluted cities

FRANKFURT BMW's new hybrid cars will automatically switch off their combustion engines in heavily polluted inner city areas and use pure electric driving mode as a way to cut vehicle emissions, the carmaker said on Tuesday.