BMWYY BAYER MOTOREN WERKWatchlist
About BAYER MOTOREN WERK Company
Bayerische Motoren Werke AG engages in the manufacture and sale of automobiles and motorcycles. It operates through the following business 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.
Bosch Plans to Cut 1,500 Jobs at Two Factories in Germany
UAW Gains Traction In Volkswagen Tennessee Plant As A Thousand Employees Sign Union Authorization Cards
In a recent development, over 1,000 workers at the Volkswagen (OTC:VWAGY) factory in Chattanooga, Tennessee, have signed union authorization cards, as announced by the United Auto Workers (UAW) union.
Mercedes-Benz Collaborates With BMW To Power High-Speed Charging Network In China
Mercedes-Benz Group China Ltd. (OTC:MBGAF) and BMW Brilliance Automotive Ltd. (OTC:BMWYY) have publicized their intentions to set up a 50:50 joint venture in China. The primary objective of this colla
Mercedes has lower P/E (currently, they're similar if we look at 10 years average) and forward P/E. It also sells slightly more EVs (19 % vs 15 %) and makes more money per single car sold.
On the other hand BMW has better interest coverage ratio (44 vs 19) and I've heard opinions that it makes better EVs.
I've picked Mercedes and bought few shares but I'm not sure if I made the right choice.
$BAYER MOTOREN WERK(BMWYY.US)$$Tesla(TSLA.US)$
"Tesla needs to close the gap with us. In fact, we don't see a gap to Tesla." This is how BMW Group's production boss, Milan Nedeljkovic, replied to a question from Automotive News Europe about how the German company would close the gap with rivals,
Nedeljkovic's statement shows just how confident the German automaker is in its new cylindrical-type battery cells, the first samples of w...
The European Union's rapidly ageing population threatens to undermine the bloc's competitiveness, exacerbate labour shortages, inflate public budgets and deepen regional inequalities.
These are some of the disquieting findings from a new report on demographic change released by the European Commission, which paints an alarming picture of the profound societ...
During China's golden week holidays, the shortage of charging stations along highways is always a hot topic of discussion, and it's not uncommon to see some EV owners fighting over chargers.
For Nio owners, it looks like they won't have to worry about that too much, and one company executive shared some numbers to prove it.
Battery swap is a far superior replenishment option for EVs on long-distance trips, saving a l...
Most of Nio's models saw a reduction in wait times, with half of the models now available for delivery in 2-3 weeks.
Nio's current models on sale include the ES8, ES7, ES6, EC7, EC6, ET7, ET5, and ET5 Touring, the first five of which are SUVs and the last three are sedans.
The latest wait time for the company's flagship SUV, the ES8, is 4-5 weeks, about a week shorter than the previous 5-6 weeks, data monitored by CnEVPo...
Tesla sold 74,073 China-made electric vehicles (EVs) in September, a 10.9% decrease from a year earlier, data from the China Passenger Car Association (CPCA) showed on Sunday (Oct 8).
Sales of China-made Model 3 and Model Y cars were down 12% from a month earlier.
Chinese rival BYD grew passenger vehicle deliveries by 42.8% to 286,903 last month, from 200,973 in September last year.
Tesla, along with its China challengers,...
BYD will keep pushing for strong growth in Europe even as an anti-subsidy investigation begin in the region, said Stella Li, BYD's executive vice president, as quoted by Bloomberg.
The European Union formally launched an anti-subsidy investigation into electric vehicles (EVs) from China earlier this month, sparking widespread concern.
"We are a publicly traded company that needs to be managed with transparenc...
Thailand's latest vehicle registration data for September 2023 reveals that BYD continued to lead the EV market in the country. BYD achieved record-breaking sales of 3,242 EVs out of a total of 6,875 sales in Thailand in September, capturing 47% market share.
When assessing the cumulative figures for the first nine months of the year, Thailand registered 50,347 EVs, with BYD accounting f...
Xpeng continues to share order intake for the new G9 to demonstrate the initial success of the launch of the flagship SUV's facelift.
The 2024 G9 received more than 15,000 firm orders after 15 days on the market, with more than 80% of customers ordering the Max version of the model which comes with its assisted driving feature, XNGP, Xpeng announced on Weibo.
The Xpeng G9 was initially launched on Sep 21, 2022, with a...
BYD's battery unit FinDreams said it will utilize its consumer battery product, the LFP 4680, to partner with LG to create competitive products for the US and European markets.
Following the signing, they will engage in in-depth exchanges on the competitive advantages of both companies, including technology and products, FinDreams said.
FinDreams' press release didn't provide...
BYD Atto 3 achieved a five-star rating in Green NCAP, an independent environmental car testing agency under the European New Car Assessment Program (Euro NCAP).
Green NCAP scores the cars based on how much harm they cause to the environment, sustainability, and energy efficiency.
Mid-size electric SUV Atto 3 is BYD's top export vehicle. It was launched in China in 2021 as Yuan Plus and arrived i...
VinFast said its third-quarter revenue more than doubled with the largest share of its sales going to an affiliate company owned by its founder.
About 60% of VinFast's deliveries, or more than 6,000 vehicles, went to Green SM (GSM), a Vietnam-based taxi operator and leasing provider 95% owned by VinFast's founder, Pham Nhat Vuong, executives said.
VinFast had not provided that breakdown in its published earnings.