BMW profits dip on investments in e-cars
German high-end carmaker BMW on Thursday reported a dip in quarterly profits after ramping up spending on electric and self-driving cars.
BMW posts record net profit of 8.7 bn euros for 2017
German luxury carmaker BMW said Thursday its 2017 net profit soared 26 percent to a record 8.7 billion euros ($10.7 billion), driven by strong demand for electrified vehicles and a tax bump from the United States.
BMW offers valentine special packages
Coscharis Motors Plc, the exclusive representative of the BMW brand in Nigeria, has commenced the celebration of love with its customers through the Valentine Special promo for selected BMWvariants starting from February 12 to February 19, nationwide. The Valentine promo is poised to show its love commitment to customers and prospects alike. The company said…
BMW Group meets pledge to deliver 100,000 electrified vehicles
The BMW Group has delivered more than 100,000 electrified vehicles to customers worldwide in 2017, as promised at the beginning of the year. This underlines the company’s leadership role when it comes to electro-mobility. An eye-catching light installation will mark this milestone on the road to the mobility of the future, with the BMW Group…
BMW denies collusion on diesel emissions
German luxury carmaker BMW on Sunday denied any collusion with industry rivals on emissions from its diesel engines, saying none of its models had been "manipulated" or violated industry regulations.
Automakers settle deadly Takata airbag case for $553 mn
Four automakers including Toyota and BMW agreed Thursday to pay $553 million to settle a US lawsuit over the defective Takata airbags blamed for 11 deaths in the United States alone.
BMW deploying self-driving 7 series fleet to roads this year
BMW AG will dispatch a fleet of autonomous vehicles to U.S. and European cities in this year’s second half, the next step in its partnership with Mobileye NV and Intel Corp.
Kia Stinger scares BMW, Audi as local dealer embraces Tokumbo
Kia’s stunning Stinger, a four-door-coupe unveiled on Monday may be a sign that carmaker is launching attack on premium car market by taking on the likes of Audi and BMW.