BMW
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BMW and Yamaha Motor invested in U.S.-based rare earths processing startup Phoenix Tailings
Jan 1, 2025BMW and Yamaha Motor have invested in U.S.-based rare earths processing startup Phoenix Tailings, the latest move by manufacturers to boost production of the strategic metals outside of China. Rare earths are a group of 17... -
BMW recalls electric Mini Cooper SE vehicles due to problems in their batteries
Sep 3, 2024German automaker BMW is recalling electric Mini Cooper SE vehicles due to problems in their batteries, which could potentially affect more than 140,000 autos worldwide, a company spokesperson told Reuters on Monday. Around 39,000 vehicles could... -
BMW posted a drop in net profit for the Q2
Aug 2, 2024German luxury carmaker BMW posted a drop in net profit for the second quarter on Thursday, dragged down by higher manufacturing costs and weakening demand in key market China. Net profit at the BMW group —... -
BMW to recall 1,145 vehicles in the United States over a potential issue
Jul 18, 2024BMW is recalling 1,145 vehicles in the United States over a potential issue that may cause the driver’s airbag to explode during deployment, the U.S. National Highway Traffic Safety Administration said on Wednesday. The recall, opens... -
BMW asked Brussels to calculate lower tariffs for imports of its China-made electric Mini to Europe
Jul 9, 2024BMW has asked Brussels to calculate lower tariffs for imports of its China-made electric Mini to Europe, which are currently subject to the highest duties under provisional EU regulation, according to a person familiar with the... -
BMW seeks clarity on operations at a Moroccan cobalt mine following a newspaper report
Nov 13, 2023German carmaker BMW said on Sunday it is seeking clarity on operations at a Moroccan cobalt mine following a newspaper report citing irregularities that breach labour and environmental laws. BMW has contacted local supplier Managem with... -
BMW to invest up to £600m in its Mini plant at Cowley, near Oxford
Mar 12, 2023Carmaker BMW is preparing to invest up to £600m in its Mini plant at Cowley, near Oxford, the BBC understands. The money is expected to be used to prepare the plant for a future building electric... -
BMW’s Q4 sales rose by 10.6%
Jan 12, 2023BMW fourth-quarter group sales rose 10.6%, the carmaker said on Tuesday, helped by easing supply chain bottlenecks in a year that has been plagued by war in Ukraine and lockdowns in China. Full-year deliveries were down... -
BMW invested in Jetti Resources
Dec 5, 2022German carmaker BMW has invested in Jetti Resources, which has technology to extract more copper from low-grade resources and produce metal with a low carbon footprint, BMW said on Thursday. BMW and other automakers are forging... -
BMW expects to reach the higher end of its 7-9% margin target for the cars business
Sep 27, 2022BMW expects to reach the higher end of its 7-9% margin target for the cars business and sees slight sales growth in 2023, chief financial officer (CFO) Nicolas Peter said in a roundtable on Monday. Demand...
