Edition:
United States

Bayerische Motoren Werke AG (BMWG_p.DE)

BMWG_p.DE on Xetra

73.54EUR
26 May 2017
Change (% chg)

€0.01 (+0.01%)
Prev Close
€73.53
Open
€73.73
Day's High
€73.73
Day's Low
€72.74
Volume
52,607
Avg. Vol
58,511
52-wk High
€79.10
52-wk Low
€56.31

Latest Key Developments (Source: Significant Developments)

Four automakers to resolve economic loss claims in Takata multidistrict litigation in U.S.
Thursday, 18 May 2017 12:21pm EDT 

May 18 (Reuters) - Mazda North American Operations::Says BMW, Mazda, Subaru, Toyota announce agreements to resolve economic loss claims in Takata multidistrict litigation in U.S..Says programs offered in these agreements are intended to increase recall remedy completion rates for Takata airbag inflators.The automakers have jointly agreed to provide a total of approximately $553 million to fund consumer outreach, reimbursements.BMW, Mazda, Subaru and Toyota announce settlement of Takata economic loss claims to improve recall remedy completion rates.Says agreements "do not contain or constitute any admission of liability or fault by four automakers".Says agreements cover the 4 automakers' vehicles recalled/subject to recall for Takata PSAN inflators as described in NHTSA's 2015 consent orders.Costs related to class member notification, claims administration, attorneys' fees, class representative awards are also covered under settlements.  Full Article

BMW Group, Intel and Mobileye announce Delphi as development partner for autonomous driving platform
Tuesday, 16 May 2017 07:00am EDT 

May 16 (Reuters) - Delphi Automotive Plc :BMW Group, Intel and Mobileye announce Delphi as a development partner and system integrator for their autonomous driving platform.cooperation intend to integrate and industrialize level 3 to level 5 automated driving technology for multiple automotive oems.  Full Article

BMW and Hamburg announce strategic partnership
Wednesday, 10 May 2017 07:07am EDT 

May 10 (Reuters) - BAYERISCHE MOTOREN WERKE AG ::CITY OF HAMBURG AND THE BMW GROUP TODAY SIGNED A MEMORANDUM OF UNDERSTANDING TO FORM A STRATEGIC PARTNERSHIP CONCERNING URBAN MOBILITY.TO EXPAND THE HAMBURG BASED FLEET OF ELECTRIFIED DRIVENOW VEHICLES TO AROUND 550 BY 2019.PLANS CALL FOR AROUND 400 PURE ELECTRIC VEHICLES AND ABOUT 150 PLUG-IN HYBRIDS.  Full Article

BMW says U.S. April sales down 12.2 percent
Tuesday, 2 May 2017 01:09pm EDT 

May 2 (Reuters) - Bayerische Motoren Werke Ag :Bmw of north america llc - in total, the bmw group in the u.s. (bmw and mini combined) reported april sales of 26,105 vehicles, a decrease of 12.2 percent.  Full Article

BMW sales chief confident 2017 will be another record
Wednesday, 12 Apr 2017 02:58am EDT 

BMW : Says BMW brand sales rose 5.3 percent in March to 212,093 cars, Q1 deliveries up 5.2 percent in best-ever Q1 . Says Mini sales rose 8.7 percent in March to 42,447 cars, Q1 deliveries up 6.1 percent . Sales chief says confident 2017 will be another record year, to retain leading position in industry Further company coverage: [BMWG.DE] (Reporting By Georgina Prodhan) ((georgina.prodhan@thomsonreuters.com;)).  Full Article

South Africa's Competition Commission refers ten more charges against Kawasaki Kisen Kaisha to tribunal for adjudication
Monday, 10 Apr 2017 10:48am EDT 

South Africa's Competition Commission: Referred ten more charges against Kawasaki Kisen Kaisha Ltd to tribunal for adjudication . Relates to price fixing, market division and collusive tendering practices involving transportation of cars produced by Toyota South Africa Motors, by sea .Is seeking administrative penalties of 10% of company's annual turnover for each of additional ten charges.  Full Article

BMW Of North America LLC says in total, BMW group in U.S. reported March sales of 36,002 vehicles, up 3.5 pct
Monday, 3 Apr 2017 12:51pm EDT 

: BMW Of North America LLC says in total, bmw group in the u.s. (BMW and MINI combined) reported MARCH sales of 36,002 vehicles, an increase of 3.5 percent . BMW Of North America LLC - sales of BMW brand vehicles increased 3.3 percent in March for total of 31,015 compared to 30,033 vehicles sold in March, 2016 Source - (http://bit.ly/2nTmKVt) Further company coverage: [BMWG.DE] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Aviall extends distribution agreement for Rolls-Royce M250 and RR300 parts
Wednesday, 8 Mar 2017 11:24am EST 

Aviall: Aviall says extended exclusive worldwide distribution agreement with Rolls-Royce to provide spare parts product support for Rolls-Royce M250,RR300 engines . Under deal co to continue responsibility for parts sales, marketing, forecasting, inventory, order fulfillment, supply-chain administration .Distribution agreement extends to December 31, 2026.  Full Article

BMW of North America LLC says in total, BMW Group in U.S. reported Feb sales of 24,712 vehicles, down 2.5 pct
Wednesday, 1 Mar 2017 01:09pm EST 

BMW of North America LLC:BMW of North America LLC - In total, the BMW Group in U.S. (BMW and mini combined) reported February sales of 24,712 vehicles, a decrease of 2.5 percent.  Full Article

Volkswagen's Skoda Auto chief designer Kaban leaves for BMW
Wednesday, 8 Feb 2017 07:00am EST 

Volkswagen Ag : Volkswagen's Skoda Auto says chief designer Jozef Kaban leaves company after nine years . BMW says Kaban joins new design team led by Adrian van Hooydonk, where Kaban will be responsible for design for the core BMW brand Further company coverage: [VOWG_p.DE] (Prague Newsroom) ((prague.newsroom@thomsonreuters.com;)).  Full Article

More From Around the Web

Photo

Supply problems hit production at BMW: Focus

FRANKFURT Problems at one of its suppliers has forced German carmaker BMW to halt production in Leipzig and could hit its plants in China and South Africa, German magazine Focus reported in its online edition.