BMW plans to take control of China joint venture
German luxury carmaker BMW announced Thursday a plan to take control of its China joint-venture, the first foreign automaker to take advantage of Beijing's new ownership rules for the sector.
German luxury carmaker BMW announced Thursday a plan to take control of its China joint-venture, the first foreign automaker to take advantage of Beijing's new ownership rules for the sector.
Automotive
Oct 11, 2018
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German high-end carmaker BMW on Thursday reported a dip in quarterly profits after ramping up spending on electric and self-driving cars.
Automotive
Aug 2, 2018
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BMW said Tuesday it will invest a billion euros ($1.2 billion) in a new factory in Hungary, as it follows its fellow German automakers into building cars in lower-wage central Europe.
Business
Jul 31, 2018
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BMW Group and China's biggest SUV brand, Great Wall Motor, have announced a partnership to produce electric MINI vehicles in China.
Energy & Green Tech
Jul 10, 2018
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German high-end carmaker BMW on Friday recalled thousands of diesel cars for a software update, after reports it had admitted to authorities they released more harmful emissions on the road than in the lab.
Business
Feb 23, 2018
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German high-end carmaker BMW said Friday it booked record sales for the seventh year in a row in 2017, but continued to trail rival Mercedes-Benz.
Business
Jan 12, 2018
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BMW Group announced Wednesday it would deploy 40 self-driving vehicles for tests in the United States and Europe
Hi Tech & Innovation
Jan 5, 2017
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Nokia says it has received all regulatory approvals for the 2.8 billion euro ($3.1 billion) sale of its mapping unit to a consortium of German carmakers, Audi AG, BMW Group and Daimler AG, and expects to close it ahead of ...
Business
Dec 3, 2015
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In cities, the uniform and low speed levels simplify the setup of synchronized traffic signals. Outside urban areas this is a bigger challenge: The travel speeds vary more and the distances between the traffic lights are ...
Engineering
Jun 21, 2013
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Tough auto markets worldwide—including a deep slump in Europe—and investment in new technology dented first-quarter earnings at German automaker BMW AG.
Business
May 2, 2013
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