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BAMXF / BMW is pumping more cash into EVs ‘than originally planned'

BMW is pumping more cash into EVs ‘than originally planned'
As far as sales go, BMW still lags well behind Tesla on the electric-vehicles front, but the German automaker is arguably making strides. BMW told investors Thursday that EVs made up 12.6% of the firm's total deliveries during the first half of 2023, up from 10% for the entirety of 2022. Read More
Posted: Aug 3 2023, 16:35
Author Name: TechCrunch
Views: 112522

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The BMW XM is business class, but the Dodge Durango is easier to overlook

By Bloomberg Markets and Finance
November 3, 2023

The BMW XM is business class, but the Dodge Durango is easier to overlook

Hannah Elliott, Bloomberg Businessweek columnist, joins to Bloomberg Radio for this week's What's Matt Miller Driving discuss the BMW XM, Matt's love more_horizontal

BMW: we have

By Reuters
November 3, 2023

BMW: we have "no interest" in sinking prices to gain market share

BMW will not cut electric vehicle prices to gain market share, but makes adjustments to pricing in certain markets when necessary, its chief executive more_horizontal

BMW Group bucking he EV trend as it remains on course to hit FY targets

By Proactive Investors
November 3, 2023

BMW Group bucking he EV trend as it remains on course to hit FY targets

Against a rather mixed backdrop for electric cars, BMW AG (ETR:BMW) appears to be bucking the trend. For on Friday, it weighed in with a robust third- more_horizontal

BMW reports higher margin in Q3, sticks to annual forecast

By Reuters
November 3, 2023

BMW reports higher margin in Q3, sticks to annual forecast

BMW reported a higher margin in the third quarter in its automotive segment on Friday, with sales of higher-priced and fully-electric cars keeping it more_horizontal

BMW says diversifying risks does not mean it is leaving China

By CNBC
October 25, 2023

BMW says diversifying risks does not mean it is leaving China

German automaker BMW Group said that diversifying its supply chains away from China does not mean leaving the country. more_horizontal

We're not leaving China, BMW Group says

By CNBC International TV
October 25, 2023

We're not leaving China, BMW Group says

Oliver Zipse, CEO of BMW Group, says diversifying risk doesn't mean leaving a country or region, adding that free trade is "fundamental to our busines more_horizontal

Here's How BMW (BMWYY) Stock Could Be the Best EV Investment in 2024

By InvestorPlace
October 23, 2023

Here's How BMW (BMWYY) Stock Could Be the Best EV Investment in 2024

According to one analyst, one of the best plays on the electric vehicle (EV) market could be through an international automotive leader. BMW (OTCMKTS more_horizontal

BMW Tapping D2C as Auto Companies Turn to Omnichannel

By PYMNTS
October 19, 2023

BMW Tapping D2C as Auto Companies Turn to Omnichannel

BMW Group is dipping its toe in the water with direct-to-consumer (D2C) sales, beginning with its Mini brand, as the auto industry increasingly integr more_horizontal


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