Posts Tagged ‘BMW’

BMW stock drops on charge for possible EU emissions-cartel fine

PARIS • BMW AG shares fell after the luxury carmaker warned of a charge that may exceed €1 billion (RM4.61 billion) stemming from a European Union (EU) ...

Apple, luxury brands drop China prices as VAT cuts take effect

BEIJING – Apple Inc and other consumer brands lowered prices for their products in China on Monday as a cut in the country’s value-added tax ...

BMW warns of profit slump, sets RM57b savings plan

By BLOOMBERG
MUNICH • BMW AG warned earnings will fall “well below” last year’s level, and embarked on a €12 billion (RM56.85 billion) efficiency drive ...

BMW M’sia seeks to repeat 2018’s performance

By SHAZNI ONG
Premium automaker BMW Malaysia Sdn Bhd (BMW Group Malaysia)  seeks to repeat its highest ever sales achievement in 2018, backed by ...

BMW still preaches free trade as Trump tariff threat lingers

By BLOOMBERG
MUNICH • BMW AG will keep spreading the gospel of free trade and back its rhetoric up by investing more in its massive US plant, all as ...

Ford who? Jeep and all-new electric upstart join the pickup pack

Hybrid and EVs are automakers’ current best bet in complying with federal mandates to wean themselves off petrol
NEW YORK • If this week’s Los Angeles ...

VW, Daimler and BMW brace for US tariffs as truce nears end

Munich • Investors in European carmakers are once again facing months of share volatility after the US circulated a draft report on tariffs and European ...

BMW strikes downbeat tone for 2019 as profit falls

By BLOOMBERG
MUNICH • BMW AG sketched a cloudy start for the autos sector next year, saying its business will need to prepare for challenges ranging ...

Investor optimism in German economy plunges

By BLOOMBERG
FRANKFURT • German investor confidence soured on the back of this month’s stock-market sell-off and rising concern that global trade ...

BMW makes RM17.1b push for control in China car market

The JV with Brilliance makes it the 1st automaker to take control of local partnerships in China
By BLOOMBERG BEIJING • BMW AG will ...

BMW’s new 3-Series comes with 
tech array to battle Mercedes

To set itself apart, the new 3-Series incorporates features like eradicating the car key
Munich • BMW AG has packed its revamped 3-Series sedan with ...

BMW cuts forecast on trade, pricing pressures

By BLOOMBERG
MUNICH • BMW AG cut its profit forecast, becoming the latest carmaker to succumb to pressures ranging from trade wars to scrutiny on ...