Bayerische Motoren Werke AG

Earnings data Q1 2021

Earnings data Q2 2021

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Bayerische Motoren Werke AG engages in the manufacture and sale of automobiles and motorcycles. It operates through the following segments: Automotive, Motorcycles, Financial Services, and Other Entities. The Automotive segment develops, manufactures, assembles, and sells cars and off-road vehicles, under the following brands: BMW, MINI, and Rolls-Royce, as well as spare parts and accessories. The Motorcycles segment focuses on the premium segment. The Financial Services segment offers credit financing, leasing, and other services to retail customers. The Other Entities segment includes holding and group financing activities. The company was founded on March 6, 1916 and is headquartered in Munich, Germany.

BMW AG on Wednesday backed its guidance for the full year after reporting a jump in third-quarter profit driven by positive effects from pricing and product mix.

BMW backs full-year guidance after reporting jump in profit

German automaker BMW's first sales-ready battery electric i4 models rolled off production lines at its main plant in Munich on Friday, as the company expands its electric offering under industry-wide pressure to reduce emissions.

BMW starts producing new electric model, commits to emissions-free transport at main plant

Michigan-based startup Our Next Energy (ONE) has closed a $25 million Series A for tech that it says can double the range of EVs, as more and more startups take aim at surpassing the pitfalls of conventional lithium-ion batteries. The 15-month-old company managed to attract major investors, including Bill Gates-founded Breakthrough Energy Ventures, which led […]

Our Next Energy closes $25M Series A for battery tech with backing from Bill Gates, BMW

Michigan-based Our Next Energy, which is developing an advanced battery for electric vehicles, has raised $25 million from investors ranging from German automaker BMW to a clean technology venture firm headed by Microsoft co-founder Bill Gates, the young company said on Monday.

Electric vehicle battery startup ONE backed by BMW, Gates-led firm

Germany's BMW will be ready for any ban on internal combustion engine (ICE) cars from 2030 onwards with an offering of electric vehicles, Chief Executive Officer Oliver Zipse said on Tuesday.

BMW ready for any ban on fossil fuel-burning cars from 2030, CEO says

Output at luxury carmaker BMW's main vehicle assembly plant in South Africa has been hit by a wage strike in the engineering sector by the country's biggest metalworkers union, a company spokesperson said on Monday.

South African metalworkers' strike hits output at BMW plant

BMW said on Wednesday it will invest in lithium technology startup Lilac Solutions Inc to support more-efficient ways to produce the electric vehicle battery metal.

BMW invests in lithium technology startup Lilac Solutions

WOODCLIFF LAKE, N.J.--(BUSINESS WIRE)--BMW of North America today reported Q3 2021 sales of 75,619 BMW vehicles in the U.S., an 8.7% increase compared to the same period last year. Year-to-date, BMW brand sales total 243,613 vehicles, an increase of 35.4% increase over the first three quarters of 2020. The company also reported Q3 2021 sales of 6,445 MINI vehicles in the U.S., a 28.9% decrease compared to the time last period year. Year-to-date, MINI sales total 22,070, an increase of 12.7% ove

BMW of North America Reports Q3 2021 U.S. Sales Results

BMW surprised investors with news it raised its profit forecast for 2021 to between 9.5% and 10.5% from its previous expectation of a 7 to 9% target, saying improved sales of its high-margin vehicles more than compensated for any semiconductor supply problems.

BMW Startles Investors With Raised Profit Forecast Despite Chip Crisis

BMW lifted its annual profit margin forecast to between 9.5% and 10.5% from 7% to 9%, the company said in an ad hoc statement on Thursday, as higher prices for new and used vehicles outweigh the effect of supply chain issues.

BMW lifts annual profit forecast to 9.5%-10.5%

Volkswagen AG

German auto stocks spurted ahead after the election brought a narrow but inconclusive win for the left of center SPD over the right of center CDU/CSU. The Greens and left-wing Die Linke did worse than expected, suggesting extreme climate action that might have hurt auto companies is unlikely.

German Auto Stocks Strong After Indecisive Election Result

German activists have filed a lawsuit against automakers BMW and Daimler for refusing to tighten carbon emissions goals, the first time German citizens have sued private companies for exacerbating climate change.

Explainer-Why are BMW and Daimler being sued over climate change?

The heads of a German environmental NGO have sued automakers BMW and Daimler for refusing to tighten their carbon emissions targets and give up fossil fuel-emitting cars by 2030, Handelsblatt newspaper reported on Tuesday.

BMW, Daimler sued for refusing to tighten carbon emissions targets - Handelsblatt

Ford Motor Company

Subaru Corp

General Motors

Honda

Mazda Motor Corp

Nissan Motor Co Ltd

Porsche Automobil Holding SE

Ferrari

Stellantis N.V. 

Toyota Motor

Tesla

Tata Motors

U.S. auto safety investigators have opened a new probe into 30 million vehicles built by nearly two dozen automakers with potentially defective Takata air bag inflators, a government document seen by Reuters shows.

Exclusive: U.S. opens probe into 30 million vehicles over air bag inflators

Worksport Ltd

XPeng

Photo by Markus Spiske on Unsplash The EV revolution is happening with governments and automakers going full speed ahead to combat carbon emissions with all-electric vehicles. Many players joining forces in the attempt to win the race with the power of synergy.

BMW, XPENG and Worksport Switching Gears Forward

BMW is back with electrification, but the company is still keeping its options open, seeing a sustainable lifecycle as more important for differentiating its vehicles than going EV.

BMW Still Hedging Bets With Electric Cars, Despite Renewed Focus

By Franca Quarneti Via El Planteo In its quest to reduce its carbon footprint, BMW (OTC: BMWYY) will begin using more hemp and other environmentally friendly materials inside its vehicles.

More Sustainability, Less Carbon: BMW Commits To Hemp And Recycling

Solid Power, a battery developer backed by Ford and BMW, is expanding its Colorado-based factory footprint as it prepares pilot production of its solid state batteries early next year. The new production facility will be dedicated to manufacturing one of the company's flagship products, a sulfide-based solid electrolyte material, by up to 25 times its […]

Solid Power expands production capacity to deliver test batteries to BMW, Ford in 2022

BMW is struggling with its exit from ICE, pledging to reduce life cycle emissions. BMW shows iVision Circular Concept BEV at IAA Mobility 2021.

BMW Getting On The Front Foot

BMW is confident that sales in China will grow next year, finance chief Nicolas Peter told Reuters on Monday, attributing high demand for premium cars to travel restrictions which meant consumers had more money to spend.

BMW confident that sales in China will grow next year - CFO

BMW expects supply chains to remain tight well into 2022, Chief Executive Oliver Zipse said on Monday, squashing hopes that a painful shortage of crucial semiconductors will end soon.

BMW CEO expects chip supply to remain tight for another 6-12 months

The BMW Group announced Thursday its intentions to commit to a 50% reduction from 2019 levels in global carbon dioxide emissions during the use-phase of its vehicles by 2030, as well as a 40% reduction in emissions during the life cycle of the vehicle. These goals, including a plan to focus on the principles of […]

BMW Group's Neue Klasse lineup to focus on circular economy to achieve reduction in CO2 emissions

German automaker BMW kicked off a new production line on Thursday for its Series 2 Coupe compact sports car at the company's two-year-old factory in central Mexico, doubling down on its Mexican operations in a push to accelerate global sales.

BMW launches new sports car line in Mexico after plant expansion

BMW plans to reduce carbon emissions across the life cycle of its vehicles - including the production process - at least 40% from 2019 levels by 2030, the carmaker said on Thursday, up from a previous target of a third.

BMW to reduce carbon emissions in car life cycle 40% by 2030

The Spartanburg plant currently produces the BMW X3, X4, X5, X6 and X7 as well as performance models of most of the vehicles.

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