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bmw
Business, Technology, Fuel

BMW Hopes to Ride the Wave of Hydrogen Trucking Stations

The BMW I Vision Dee

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.

Wilfried Eckl-Dorna | Bloomberg News
February 6, 2023
Business, Technology, Safety

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.

Craig Trudell | Bloomberg News
March 9, 2022
Business, Technology, Fuel, Autonomous

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.

David McHugh | Associated Press
March 17, 2021
Government, Business, Technology, Autonomous

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.

Oliver Sachgau | Bloomberg News
March 12, 2020
Government, Business

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.

Gabrielle Coppola and Gregory Mott | Bloomberg News
December 23, 2019
Business, Technology

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.

Christoph Rauwald | Bloomberg News
November 27, 2019
Business

Former BMW Executive Markus Duesmann Named New CEO at Rival Audi

BERLIN — German automaker Audi says former BMW executive Markus Duesmann is to become its new CEO.

Associated Press
November 15, 2019
Business, Technology

BMW Plans as Many as 6,000 Job Cuts in Germany, Report Says

BMW AG plans to cut as many as 6,000 jobs in Germany by 2022 as part of its ongoing cost-savings effort, according to Manager Magazin.

Tara Patel | Bloomberg News
September 19, 2019
Business

BMW Names Production Chief Oliver Zipse as New CEO

BMW AG promoted production chief Oliver Zipse to chief executive officer, resetting its leadership to catch up with rivals in the transition to an era of self-driving, electric cars.

Oliver Sachgau | Bloomberg News
July 18, 2019
Business, Technology, Autonomous

BMW CEO Harald Krueger to Quit After Carmaker Loses Early Lead in Electrics

FRANKFURT, Germany — BMW CEO Harald Krueger is stepping down after a four-year tenure in which the automaker lost its lead in luxury car sales and saw an early head start in electric vehicles evaporate.

David McHugh | Associated Press
July 5, 2019

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