FRANKFURT, Germany — BMW CEO Harald Krueger is stepping down after a four-year tenure in which the automaker lost its lead in luxury car sales and saw an early head start in electric vehicles evaporate.
July 5, 2019Business, Technology, Autonomous
BMW CEO Harald Krueger to Quit After Carmaker Loses Early Lead in Electrics
Business, Logistics
BMW Factory Caught in Trump’s Mexican Standoff
President Donald Trump’s vow to impose a 5% tariff on Mexican goods comes just in time to hit exports from a $1 billion BMW AG factory that opens in the country next week.
May 31, 2019Business, Technology, Logistics
BMW Pushes on With UK-Made Electric Minis as Brexit Looms
BMW AG will start production of an electric Mini model in the U.K. later this year even as carmakers grapple with the implications of the latest twist to Britain’s exit from the European Union.
March 20, 2019Business, Technology, Equipment, Logistics
Daimler Joins BMW in Bid to Be a Force in Ride-Hailing Sector
Daimler AG and BMW AG are pouring more than 1 billion euros into their joint car-sharing and ride-hailing businesses to take on the likes of Uber Technologies Inc. and Lyft Inc.
February 22, 2019Government, Business, Technology
Spending on Future Tech Eats Into BMW Profits
FRANKFURT, Germany — BMW’s profit fell 6% in the second quarter as it spent more on developing new technologies for electric, autonomous and digitally connected automobiles, the luxury carmaker said Aug. 1.
August 2, 2018Government, Business, Equipment
BMW Raided in Collusion Probe as Daimler Blows Whistle to EU
BMW AG said it was raided by European Union antitrust watchdogs this week as the EU ramped up a probe into the German car industry following reports that carmakers colluded on technology for decades.
October 20, 2017Business
BMW Puts Electric Truck Into Service in Germany
Auto manufacturer BMW Group is using a fully electric, heavy-duty truck to transport vehicle components in Munich.
July 10, 2015