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BMW, Daimler Face Rocky Financial Reports, But Not VW

BMW, Daimler Face Rocky Financial Reports, But Not VW. “An industry-wide shift towards electric vehicles threatens BMW’s (profitability) lead” Investors in big German carmakers are bracing themselves for financial results in the next weeks that will underline gloomy long-term profit prospects, except for Volkswagen that is. Mercedes Benz parent Daimler and BMW are both facing […]

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BMW Shares Fall After It Cuts Profit Forecast

BMW Shares Fall After It Cuts Profit Forecast. “BMW struggles for differentiation in an increasingly tough environment” BMW shares dived almost 5% after it warned profits will fall in 2019 and announced a 12 billion euro ($13.6 billion) savings plan to offset possible damage from trade conflicts and pay for research on electric cars. Investors […]

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BMW Profit Shortfall Suggests The Good Times May Be Over

BMW Profit Shortfall Suggests The Good Times May Be Over. “its fortunes could be at a turning point. Threats from environmental regulations, technological change and new competitors are huge” BMW’s sharp drop in profits couldn’t have been a surprise to investors. After all BMW warned this would happen in September. But BMW’s stock price tumbled […]

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BMW 3-Series

Paris Auto Show: BMW Unveils New 3-Series

Paris Auto Show: BMW Unveils New 3-Series. “BMW has focused on reducing weight, which will help improve economy and handling” BMW unveiled its new 3-Series sedan at the Paris Auto Show, and published the first pictures of this 7th generation vehicle. The new 3-Series looks very much like the old one, but has cleaner, precise […]

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