BMW loses steam after forecasting end to price hikes
By Geoffrey Smith Investing.com -- BMW (ETR:BMWG) shares faltered in early trading in Germany on Wednesday despite the carmaker giving a generally upbeat forecast for the year ahead. The...
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BMW ST News & Analysis
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European stocks move lower as recovery in bank shares loses steam
By Scott Kanowsky Investing.com -- European stock markets slipped on Wednesday, with banks paring back early gains, as investors eye developments in the U.S. financial sector and make bets...
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BMW expects higher margin and deliveries in 2023 amid electric rollout
The company plans to deliver 10 million fully electric vehicles by 2030.
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BMW promises stable prices, sees 8-10% auto margin in 2023
BERLIN (Reuters) – BMW forecast on Wednesday an 8-10% margin for its autos segment in 2023 and said it plans to keep prices at a stable level, after years of dealing with rising costs by...
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Dow Jones Newswires: BMW expects higher deliveries in 2023 on higher EV, battery sales
The German car maker XE:BMW said it is also targeting an earnings before interest and taxes margin of between 8% and 10% this year for its automotive segment.
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Dow Jones Newswires: BMW says it will propose a higher dividend for 2022 after meeting financial targets for the year
The German auto maker made earnings before taxes of 23.51 billion euros ($24.79 billion), 46% higher than the previous year, on revenue that grew 28% to EUR142.61 billion
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BMW hits earnings target for 2022 with 8.6% margin in autos segment
BERLIN (Reuters) – BMW hit its earnings target for the automotive segment in 2022, the carmaker said on Thursday, reporting a margin of 8.6% and total earnings before taxes for the BMW...
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: On Semi signs long-term power supply agreement with BMW
ON Semiconductor Corp. ON said late Monday it signed a long-term supply agreement with BMW Group XE:BMW for electric drivetrain tech. ON Semi said it will supply BMW with 400-volt DC power...
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Dow Jones Newswires: ON Semiconductor signs long-term EV supply deal with BMW
ON Semiconductor Corp. has secured a long-term agreement with BMW AG to support the German car-maker's electric vehicles.
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Kelley Blue Book: Sustainability and good range make the all-electric 2023 BMW iX appealing to those who can afford it
This all-electric luxury midsize SUV can be a great choice for those whose plentiful finances are equaled by the desire for responsible personal transport.
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Tesla set to confirm new factory in Mexico after striking water deal
By Geoffrey Smith Investing.com -- Tesla (NASDAQ:TSLA) is set to confirm on Wednesday that it will build an assembly plant in Mexico, after President Andres Manuel Lopez Obrador appeared to...
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Autotrader: 10 best affordable convertibles
When you want to have the sun on your skin, the wind in your face, and nothing above you but the sky, there’s no substitute for a good convertible.
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BMW launches demonstration fleet of hydrogen cars that use fuel cells from Toyota
BMW is one of several automotive firms looking into the potential of hydrogen.
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BMW R nineT, R 18 100 Years Limited Editions Launched In India: Prices Start From Rs 24 Lakh
New BMW R nineT and R 18 100 Years Editions are launched in the country at Rs 24 lakh and Rs 25.90 lakh, respectively.
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Rio Tinto enters agreement with BMW to provide hydro-produced aluminum
By Stephen Culp NEW YORK (Reuters) – Rio Tinto on Tuesday said it would supply BMW with aluminum it produces in Canada using hydroelectric power, lowering the auto manufacturer’s carbon...
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Autotrader: Forbidden fruit: 8 luxury cars you can’t get in the U.S.
Here are some of the weirdest and coolest luxury cars available in China that aren't available in the U.S., some of which come from Detroit automakers.
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Kelley Blue Book: Luxury car shoppers may be turning their backs Tesla, survey finds
The number of shoppers considering a Tesla plunged in the last quarter, falling to a single-digit percentage, according to a consumer perception survey.
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BMW meets 2022 pretax earnings target -Focus magazine citing CFO
BERLIN (Reuters) – BMW met its 2022 target for significantly higher pretax earnings than in the previous year, Focus Money magazine reported on Sunday, citing the German carmaker’s chief...
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Luxury car companies line up for big Indian electric vehicle race
Mercedes, BMW, Audi and Volvo are bullish on EVs even as they are priced higher than petrol and diesel vehicles, said the executives, adding that among other benefits buyers are enthused by...
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Luxury car companies line up for big Indian EV race
Mercedes, BMW, Audi and Volvo are bullish on EVs even as they are priced higher than petrol and diesel vehicles, said the executives, adding that among other benefits buyers are enthused by...
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Samsung launches new ‘BMW-Inspired’ smartphone with a sporty design
The Samsung Galaxy S23 Ultra BMW M edition features a protective case inspired by the iconic design of the current BMW M3, specifically its vertical kidney grill and bonnet.
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BMW, Audi and Mercedes most preferred luxury car brands among young Indians
India's used-luxury-car market is growing 20% annually, with sales volume averaging more than 60,000 units a year, according to Spinny
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BMW Industries consolidated net profit rises 111.37% in the December 2022 quarter
Sales rise 24.91% to Rs 141.77 crore
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BMW and VW win appeal over UK antitrust information request
LONDON (Reuters) – BMW and Volkswagen won an appeal in a London tribunal on Wednesday over the British antitrust regulator’s powers to demand information from companies based outside the...
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Carmaker BMW to invest around $870 million in Mexico in EV push
By Kylie Madry SAN LUIS POTOSI, Mexico (Reuters) -German automaker BMW will invest 800 million euros ($866 million) in the central Mexican state of San Luis Potosi to produce high-voltage...
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Budget 2023: Imported Cars, EVs to Cost More - Check Mercedes-Benz, BMW Reaction
Budget 2023: Prices of imported vehicles with invoice value less than USD 40,000 are expected to go up by around 2 per cent as customs duty increases from 60 per cent to 70 per cent.
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Tesla stock earns upgrade to Buy on 'misguided pricing concerns'
By Senad Karaahmetovic Despite seeing a “softer demand picture” in 2023 facing the global auto manufacturers, Berenberg upgraded Tesla (NASDAQ:TSLA) stock to Buy from Hold. While...
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Europe auto stocks fall as Tesla cuts prices in the U.S.
By Geoffrey Smith Investing.com -- European auto stocks fell on Friday after another price cut by Tesla (NASDAQ:TSLA) reinforced fears that demand will weaken around the world in...
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European stocks lower; caution ahead of Powell speech
By Peter Nurse Investing.com - European stock markets fell Tuesday, with investors taking a cautious stance ahead of a widely-anticipated speech by Federal Reserve Chair Jerome Powell. At...
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