Bayerische Motoren Werke AG (BMWG.DE)
5 Jun 2020
Tue, May 26 2020
MEXICO CITY, May 26 German carmaker BMW said on Tuesday it would begin a gradual restart of operations at its plant in the central Mexican state of San Luis Potosi on Wednesday, May 27.
FRANKFURT, May 14 BMW on Thursday said China sales of luxury passenger cars rebounded in April but the German premium car and motorbike manufacturer cautioned that other markets including the United States will be "very slow" to recover from the corona pandemic.
FRANKFURT BMW AG expects the coronavirus pandemic to hit demand and earnings throughout this year, prompting the German automaker to cut its profitability forecast for passenger cars following a drop in first-quarter deliveries. | Video
* Cuts back on investments to preserve cash (Adds company comments, details, background, shares)
FRANKFURT, May 6 BMW AG on Wednesday reported a 133% rise in first-quarter operating profit, due to the absence of a one-off provision in the year-earlier period, but said the impact of the coronavirus could erode demand and profit.
April 29 Volkswagen AG and Toyota Motor Corp said on Wednesday they will delay restarting U.S. production amid the coronavirus pandemic and concerns about the automotive supply network.
* SPOKESMAN SAYS TO BEGIN PRODUCTION IN STAGES AT THE END OF APRIL 2020
LONDON Formula E tested a new esports 'Race at Home Challenge' series on Saturday with the virtual Monaco layout proving true to life as BMW i Andretti driver Maximilian Guenther won untroubled from pole position.
LONDON, April 18 Formula E tested a new esports 'Race at Home Challenge' series on Saturday with the virtual Monaco layout proving true to life as BMW i Andretti driver Maximilian Guenther won untroubled from pole position.
PARIS The 'FREE NOW' taxi ride-hailing service run by Daimler and BMW announced on Thursday a corporate restructuring, which could lead to job cuts, and unveiled plans to merge with French app Kapten.