bmw News Updates

Business, Technology

BMW Boosts Electric Car Spending to Catch Up With Tesla

BMW AG is stepping up spending on its electric car rollout after the luxury carmaker’s battery-vehicle deliveries more than doubled during the first half of the year.

August 3, 2023
Business, Technology, Fuel

BMW Hopes to Ride the Wave of Hydrogen Trucking Stations

BMW AG is hoping to piggyback on future hydrogen fueling stations for trucks to help solve the protracted issue of building an expensive infrastructure network for cars powered by the alternative fuel.

February 6, 2023
Business, Technology, Safety

BMW Recalls Almost 1 Million Cars Over Engine-Fire Risk

BMW AG recalled more than 917,000 cars in the U.S. — most of them for a second time — over an engine ventilation system that could overheat and increase the risk of fire.

March 9, 2022
Business, Technology, Fuel, Autonomous

BMW Ramps Up Move to Electric Cars

FRANKFURT, Germany — BMW intends to speed the rollout of new electric cars, vowing to bring battery-powered models to 50% of global sales by 2030, the German automaker said March 17.

March 17, 2021
Government, Business, Technology, Autonomous

BMW Fourth-Quarter Profit Increases on Luxury-Car Sales

BMW AG finished 2019 with an increase in automotive profit on rising luxury-car sales as the German manufacturer faces a year mired in concerns over the coronavirus outbreak that threatens to shut down global supply chains.

March 12, 2020
Government, Business

BMW Contacted by SEC Over US Sales Reporting Practices

BMW AG is being scrutinized by the U.S. Securities and Exchange Commission over its sales reporting practices, months after the regulator extracted a penalty from Fiat Chrysler Automobiles NV over similar issues.

December 23, 2019
Business, Technology

BMW to Cut Staff Bonuses in Electric Car Savings Push

BMW AG will reduce bonus payments for employees in Germany as the luxury-car maker grapples with the costly shift to electric and self-driving vehicles.

November 27, 2019
Business

Former BMW Executive Markus Duesmann Named New CEO at Rival Audi

BERLIN — German automaker Audi says former BMW executive Markus Duesmann is to become its new CEO.

November 15, 2019
Business, Technology

BMW Plans as Many as 6,000 Job Cuts in Germany, Report Says

BMW AG plans to cut as many as 6,000 jobs in Germany by 2022 as part of its ongoing cost-savings effort, according to Manager Magazin.

September 19, 2019
Business

BMW Names Production Chief Oliver Zipse as New CEO

BMW AG promoted production chief Oliver Zipse to chief executive officer, resetting its leadership to catch up with rivals in the transition to an era of self-driving, electric cars.

July 18, 2019