BMWYY BAYER MOTOREN WERK
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BAYER MOTOREN WERK News
Industry groups say Tesla's dominance in the California auto industry has weakened or peaked in popularity
According to a report by the California New Car Dealers Association (California New Car Dealers Association), Tesla's car sales in California declined for the second consecutive quarter, indicating that the company's popularity in the state may have peaked. The industry group said on Monday that although Tesla is still selling well in California, Tesla's overall new car registrations fell 7.8% year over year in the first quarter. Tesla's registrations fell 9.8% in the fourth quarter of last year. According to the report, Tesla's share of the California electric vehicle market fell 6.4 percentage points to 5
BMW Plans $2.8 Billion China Factory Update to Boost EV Production
BMW will invest $2.76 billion to adapt one of its major Chinese factories to produce more electric vehicles, part of plans to roll out its newest full-electric offerings in the world's largest EV market.
BMW Set to Invest More in Shenyang
German automaker BMW Group's latest plan to invest an additional 20 billion yuan ($2.76 billion) in its production base in Shenyang, the capital of Liaoning province, will boost its earnings potential and benefit upstream and downstream businesses in China, a renowned scholar said on Sunday.
BMW Group Chairman Zipzer: Electric vehicles will account for more than 50% of sales by 2030
Sina Technology News On the evening of April 24, BMW Group Chairman Zipzer delivered a speech at today's 2024 BMW Group Brand Night.
Jetwing Technology's IPO “terminated” customers include FAW, BMW and other brands
On April 24, Changchun Jieyi Automobile Technology Co., Ltd. (abbreviation: Jieyi Technology) changed the IPO review status to “terminated” on the main board of the Shanghai Stock Exchange.
BAYER MOTOREN WERK To Go Ex-Dividend On May 16th, 2024 With 2.132 USD Dividend Per Share
April 24th - $BAYER MOTOREN WERK(BMWYY.US)$ is trading ex-dividend on May 16th, 2024. Shareholders of record on May 17th, 2024 will receive 2.132 USD dividend per share on May 31st, 2024. The ex-d
Adient to Cut European Workforce, Move Jobs to Countries With Cheaper Labor
The 2025 BMW Z4: This Quick and Agile Luxury Sports Car Drives With Flair
By Colin Ryan Relish the drive in this two-seater-and it's not just a weekend toy. Pricing starts at $55,045. Pros Great funClassy interiorNot just a weekend toy Cons None - it's good at what it
EV Vs. Hybrid: Which One Is Best for You?
Are dominoes down? Volkswagen (VWAGY.US) Tennessee Plant Unions, UAW Achieves Landmark Victory
The American Federation of Auto Workers (UAW) said that employees at the Volkswagen (VWAGY.US) Tennessee plant voted to join the UAW, a landmark victory for trade unions in the long-standing rivalry of the American South.
Has Tesla reached its peak? If you don't innovate, you'll fall behind
Currently, Tesla is in a very bad situation. On Monday, the world's largest electric vehicle manufacturer informed employees that the company would lay off more than 10% of its employees. Meanwhile, two other executives announced that they would voluntarily resign. Earlier this month, Tesla also announced a surprising drop in car sales. In the first quarter, Tesla delivered 387,000 vehicles worldwide, a year-on-year decrease of 8.5%. Tesla's stock price has dropped more than 35% this year, with a 5.5% drop on Monday. Strangely enough, Tesla CEO Elon Musk seemed indifferent to the company's mistakes and instead focused on other pursuits. Tesla
Market Chatter: BMW to Further Invest in China, Partner for Green Energy
BMW's chairman Oliver Zipse, ahead of his Chinese visit with the Chancellor, said that the German automaker has been present in the Chinese market for thirty years and will continue to invest in the country, Yicai reported.
Citi: Target Price for Brilliance China's “Buy” Rating Raises to HK$10.02
Citi released a research report stating that it gave Brilliance China (01114) a “buy” rating, and the target price was raised to HK$10.02. Brilliance's management also indicated that the company did not encounter regulatory barriers in the first two dividends, and believes that there are currently no problems with foreign exchange transfers. Management believes that the current dividend payout ratio will not be sustainable given the current huge cash balance. The company will determine a long-term regular dividend payment policy only after proper capital allocation. The report quoted that the company's management confirmed that it will pay dividends at least once this year and promised that this year's total dividend will surpass last year's level. Manage the timing of the next dividend payment
BMW Pricing Seen as Negative Driver Now and Possibly for Whole Year -- Market Talk
BMW's vehicle pricing is presumed to be the primary negative trait in its first quarter results, Stifel analysts say.
BMW Confident in Chinese Economy, Says Chairman
BMW is confident in China's economic prospects and intends to scale up its investment in the country, said Oliver Zipse, chairman of the board of management of the German car group.
Tesla FSD autopilot saves car owner's life after 13 miles, Musk responds
A Tesla Model Y owner posted on X about how he relied on Tesla's FSD (fully automatic driving) function to drive 13 miles to the hospital without human intervention during a recent illness outbreak to get timely help from a doctor, thus saving a life and thanking Tesla. The owner wrote, “As an owner of luxury cars such as Porsche, Mercedes-Benz, BMW, Acura, and Cadillac, I can unequivocally announce that Tesla is the pinnacle of automotive innovation today. Its ability to save lives in critical moments highlights its superiority. From traditional cars
Bayerische Motoren Werke Aktiengesellschaft's (ETR:BMW) Largest Shareholders Are Individual Investors With 38% Ownership, Insiders Own 36%
Volkswagen And BMW Report Unexpected Good News Of Their EV Progress
With many concerns in the air about the EV revolution running out of steam as even the EV king, Tesla Inc (NASDAQ:TSLA) came short of estimates as it posted its first deliveries drop in four years, Vo
BMW Charges Forward: Q1 Sees Deliveries With 27.9% Surge in Fully-Electric Vehicles
Bayerische Motoren Werke AG (OTC:BMWYY) BMW Group delivered 594,671 vehicles to customers (+1.1% Y/Y) in the first quarter of this year. BMW Group BEV delivered 82,700 fully-electric BMW, MINI, and Ro
BMW EV Sales Outpace German Rivals, Bucking Trend of Slowing Demand
The German luxury-car maker said Wednesday that sales of fully-electric vehicles surged compared with a year ago, crediting balanced growth across all major regions. Mercedes-Benz Group and Volkswagen Group both reported declines in EV sales Wednesday.
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