BMW

Bayerische Motoren Werke AG (OTC: BAMXF) registered a significant slump in its first-quarter vehicle sales due to slowdown in China, Europe and U.S. economic activity. What Happened The group, which includes BMW, MINI and Rolls-Royce vehicles, reported a 20.6% drop to 477,111 vehicles in the first...

Mitsubishi Motors (OTC: MMTOF) shares fell sharply after authorities raided facilities associated with the company’s German subsidiary on Tuesday over suspected diesel emissions fraud, according to Nikkei Asian Review. What Happened German prosecutors raided ten business premises...

Daimler (OTC: DMLRY) and BMW (OTC: BMWYY) are pulling their car-sharing service Share Now — formerly Car2Go — out of North America, the global automakers announced today. In a joint statement, the companies said Share Now would shutter service on Feb. 29, 2020. Share Now currently operates in New...

Though the average American home has 1.8 cars, and pretty much every consumer-facing business from coffee joints to drugstores offers drive-through services, could the American culture of private car ownership be coming to an end? Peak car is the hypothesis that private car ownership has reached...

The iconic American brand has seen brighter days as the company reported a 24% profit drop due to weakening U.S. demand and increased costs due to tariffs on its US-made motorcycles. Harley-Davidson Inc (NYSE: HOG) motorcycles stand for their authenticity and the passion of its bikers but the...

Bayerische Moto/S ADR (OTC: BMWYY) CEO Harald Krüger’s announcement last week that he will step down as head of luxury carmaker BMW is the latest in a string of auto company CEO turnovers — the fourth this year. The departures remove decades of experience in the top posts at the...

German original equipment manufacturers (OEMs) BMW Group and Daimler AG inked a partnership on July 4 for a long-term strategic cooperation in autonomous driving, focusing on jointly developing next-generation technologies for driver assistance systems, automated driving on highways, and self-...

German automakers BMW Group and Daimler AG have embarked on a joint partnership in the mobility segment, investing €1 billion in five different verticals within the market. In a meeting held in Berlin, Dieter Zetsche, the chairman of Daimler AG, and Harald Krüger, the CEO of BMW Group,...

In the midst of a burgeoning trade war, President Donald Trump has laid down a fast and furious ultimatum. “Based on the Tariffs and Trade Barriers long placed on the U.S. and it great companies and workers by the European Union, if these Tariffs and Barriers are not soon broken down and...

Odd couples often receive odd looks. Gawking and speculating onlookers nosily turn their heads trying to understand how two parties with such contrasting chemistry can come together to form successful partnerships and functioning relationships. Despite the gawk factor, and perhaps against all odds...

Is that a steering wheel in your car or are you just happy to see me? There are thousands of fascinating patents out there from the 37 companies dedicated to the self-driving car. Ford Motor Company (NYSE: F) has an idea for a dashboard with a removable steering wheel and pedals. As first reported...

The European Union and German antitrust regulators are investigating whether the five major German automakers colluded to fix the price of diesel emissions treatment systems, according to published reports. The claims against Volkswagen, Daimler, Audi, BMW and Porsche were first reported Friday in...

Tesla Inc (NASDAQ: TSLA) shareholders are on the edge of their seat this week as the company is set to report its December quarter earnings Wednesday. Loup Ventures is bullish on Tesla, but believes whatever CEO Elon Musk says this week about Model 3 production will be irrelevant in the long term...

Mobileye NV (NYSE: MBLY) has seen a decline in its two-year forward P/E from c.60x to 25x, despite expectations of the company’s EPS growing at a Compound Annual Growth Rate of 40 percent during 2016–2021. Goldman Sachs’ Alexander Duval upgraded the rating on the company from...