BMW Profits Still Look Strong Despite Forecast Cut; Electric Plans Questioned. “BMW’s technology-open powertrain strategy remains a drag, and implies a higher risk of sunk cost medium-term”. BMW’s profit outlook is still strong despite cutting its target for 2022 but is seen as lagging behind its German opposition not to mention Tesla, while its electric […]
Tag Archives | BMW
BMW Electric Strategy Under The Microscope As i4 Sedan, iX SUV Hit Dealerships
BMW Electric Strategy Under The Microscope As i4 Sedan, iX SUV Hit Dealerships. “the BMW iX only achieved 66% of the specified WLTP range. With the Tesla Model Y Long Range it is 85%. This underlines the shortcomings of the latest BMW generation as a hybrid platform. Tesla, Porsche, Mercedes, but also Chinese like NIO […]
BMW, Like Mercedes, Manages To Raise Profits While Sales Slide
BMW, Like Mercedes, Manages To Raise Profits While Sales Slide. “the auto industry is currently divided between the likes of VW and supplier Hella who have been forced to make profit warnings, and the likes of BMW and Mercedes” BMW pleased investors with a 50% increase in 3rd quarter profits and joined Mercedes in managing […]
BMW Startles Investors With Strong Profit Forecast Uplift Despite Chip Crisis
BMW Startles Investors With Strong Profit Forecast Uplift Despite Chip Crisis. “Car companies are getting a big bottom-line lift on recovering vehicle markets and high margins on sales – especially in North America, but also Europe and China BMW surprised investors with news it raised its profit forecast for 2021 to between 9.5% and 10.5% […]
BMW Startles Investors With Strong Profit Forecast Uplift Despite Chip Crisis
BMW Startles Investors With Strong Profit Forecast Uplift Despite Chip Crisis. “There are tougher times ahead for the industry though, with some uncertainty over transaction prices and demand as the global economic rebound slows” BMW surprised investors with news it raised its profit forecast for 2021 to between 9.5% and 10.5% from its previous expectation […]
BMW’s Profit Outlook Positive, While Electric Strategy Worries Investors
BMW’s Profit Outlook Positive, While Electric Strategy Worries Investors. “Now most have adopted BEV-only long-term strategies, BMW stands out even more with this approach, and we think it is not helpful for the share price” BMW’s profit outlook is strong, but investors worry about its determination to pursue an electric vehicle policy which also leaves […]
BMW Expected to Hit Profit Target, As 1st Quarter Sales Jump By A Third
BMW Expected to Hit Profit Target, As 1st Quarter Sales Jump By A Third. “The stabilization also reflects BMW’s considerable reduction of its fleet CO2 emissions to below the stricter targets in the EU in 2020, and the expectation of full compliance in 2021” BMW expects to more than double profits in 2021 compared with […]
Will “Affordable” E.Go Be Undercut By The Chinese?
Will “Affordable” E.Go Be Undercut By The Chinese? “We don’t expect competition from Chinese anytime soon in that segment because cars like this won’t easily pass EU homogolation. The e.Go represents very solid German engineering. As BMW unveils another unaffordable battery-powered behemoth, European car buyers on modest incomes may be wondering if there will ever […]
BMW Improves Quarterly Financial Data, After Daimler Led The Way
BMW Improves Quarterly Financial Data, After Daimler Led The Way. “Economic disruption caused by the coronavirus pandemic continues to significantly impair forecasting and leads therefore to considerable uncertainty in providing an accurate outlook” BMW investors reacted calmly to news free cash flow, an important early indicator of profitability, zoomed ahead in the 3rd quarter at […]
BMW 50% Electrification Target For 2030 Is Ambitious, But Is It Achievable?
BMW 50% Electrification Target For 2030 Is Ambitious, But Is It Achievable? “BMW sustainability goals aim at putting more than seven million vehicles with electrified drive systems on the road worldwide by 2030, two-third of them all-electric variants,” BMW said half of its sedans, SUVs and Mini vehicles will be electrified in Europe by 2030. […]