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.
November 15, 2019BMW 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.
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.
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.
BMW Factory Caught in Trump’s Mexican Standoff
President Donald Trump’s vow to impose a 5% tariff on Mexican goods comes just in time to hit exports from a $1 billion BMW AG factory that opens in the country next week.
BMW Pushes on With UK-Made Electric Minis as Brexit Looms
BMW AG will start production of an electric Mini model in the U.K. later this year even as carmakers grapple with the implications of the latest twist to Britain’s exit from the European Union.
Daimler Joins BMW in Bid to Be a Force in Ride-Hailing Sector
Daimler AG and BMW AG are pouring more than 1 billion euros into their joint car-sharing and ride-hailing businesses to take on the likes of Uber Technologies Inc. and Lyft Inc.
February 22, 2019Spending on Future Tech Eats Into BMW Profits
FRANKFURT, Germany — BMW’s profit fell 6% in the second quarter as it spent more on developing new technologies for electric, autonomous and digitally connected automobiles, the luxury carmaker said Aug. 1.
BMW Raided in Collusion Probe as Daimler Blows Whistle to EU
BMW AG said it was raided by European Union antitrust watchdogs this week as the EU ramped up a probe into the German car industry following reports that carmakers colluded on technology for decades.
BMW Puts Electric Truck Into Service in Germany
Auto manufacturer BMW Group is using a fully electric, heavy-duty truck to transport vehicle components in Munich.
July 10, 2015