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.
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.