BMW Expects EV Sales to Keep Growing but at a Slower Pace
BMW AG remains bullish on battery-powered electric vehicles in the U.S., even though it’s expecting the sector’s market share gains to slow.
BMW Recalls SUVs Over Air Bag Explosion Risk
BMW is recalling a small number of SUVs in the U.S. because the driver’s air bag inflators can blow apart in a crash, hurling metal shrapnel and endangering people in the vehicles.
BMW, Mercedes to Set Up Joint EV Charging Network in China
BMW AG and Mercedes-Benz Group AG will cooperate on a fast-charging network for EVs in China with a plan to open at least 1,000 stations by 2026.
BMW Boosts Electric Car Spending to Catch Up With Tesla
BMW AG is stepping up spending on its electric car rollout after the luxury carmaker’s battery-vehicle deliveries more than doubled during the first half of the year.
BMW Hopes to Ride the Wave of Hydrogen Trucking Stations
BMW AG is hoping to piggyback on future hydrogen fueling stations for trucks to help solve the protracted issue of building an expensive infrastructure network for cars powered by the alternative fuel.
BMW Recalls Almost 1 Million Cars Over Engine-Fire Risk
BMW AG recalled more than 917,000 cars in the U.S. — most of them for a second time — over an engine ventilation system that could overheat and increase the risk of fire.
BMW Ramps Up Move to Electric Cars
FRANKFURT, Germany — BMW intends to speed the rollout of new electric cars, vowing to bring battery-powered models to 50% of global sales by 2030, the German automaker said March 17.
BMW Fourth-Quarter Profit Increases on Luxury-Car Sales
BMW AG finished 2019 with an increase in automotive profit on rising luxury-car sales as the German manufacturer faces a year mired in concerns over the coronavirus outbreak that threatens to shut down global supply chains.
BMW Contacted by SEC Over US Sales Reporting Practices
BMW AG is being scrutinized by the U.S. Securities and Exchange Commission over its sales reporting practices, months after the regulator extracted a penalty from Fiat Chrysler Automobiles NV over similar issues.
BMW to Cut Staff Bonuses in Electric Car Savings Push
BMW AG will reduce bonus payments for employees in Germany as the luxury-car maker grapples with the costly shift to electric and self-driving vehicles.