Bayerische Motoren Werke AG stock price

After several weeks of madness surrounding the price of GameStop, the situation seemed to have calmed down. However, WallStreetBets doesn’t seem to be finished just yet, and now GME stock is up more than four-fold in after-hours trading. This could be yet another dramatic short squeeze…

Shares of Bayerische Motoren Werke AG (ETR: BMW), a major German car maker, trade modestly in the red this week as the price action consolidates after recording strong gains in November. Fundamental analysis: Commitment to increase EV production to 20% by 2023 BMW said on Sunday it plans…

In an interview with the German regional daily newspaper on Sunday, Augsburger Allgemeine, Chief Executive Oliver Zipse of Bayerische Motoren Werke AG (ETR: BMW) said that the luxury automaker had plans of boosting production of electric vehicles. The CEO said: “We are significantly increasing the number of electric vehicles.

Strong demand for new vehicles in China has facilitated a faster-than-expected recovery in the car market. Nearly all major carmakers topped analysts’ expectations for the third quarter to facilitate a great buying interest.  Robust demand for luxury vehicles helps BMW  BMW (ETR: BMW) saw its profit rise by 10%…

BMW (ETR: BMW) said on Wednesday that its profit in the fiscal third quarter came in 10% higher as sales jumped in China after months of halt due to the Coronavirus pandemic. The company, however, warned that the second of COVID-19 infections in the U.S. and Europe is likely…

BMW (OTC: BMWYY) stock has advanced from $15.9 above $25.8 since April and the current price stands around $25. The next several months will be competitive for the global auto industry and the business of BMW is also under the pressure from lower revenues due to COVID-19. Fundamental analysis: BMW…

BMW AG (ETR: BMW) revealed to have swung to a loss on Wednesday in the fiscal second quarter. The company attributed its dovish performance to the Coronavirus pandemic that pushed its factories into temporarily shutting down in recent months. The company also confirmed its future guidance for the full…

BMW had recently reported a massive 20.6% decline in its sales in the first quarter to 477,111 vehicles. In its announcement on Monday, the German multinational luxury car manufacturer highlighted that its sales in the second quarter are likely to remain under pressure as the Coronavirus pandemic weighs heavily on…

Today, Panasonic Corp (TYO: 6752) announced its plan to temporarily halt production at its battery joint project with U.S. electric car manufacturer Tesla Inc (NASDAQ:TSLA) in Nevada due to coronavirus. Panasonic, a battery supplier for Tesla’s vehicles, plans to reduce production at Gigafactory Nevada next week, prior to a…

The British car industry may never fully recover from the coronavirus crisis, according to experts, as BMW (FRA:BMW), Toyota (TYO:7203) and Honda (TYO:7267) said they plan to temporarily suspend their operations in the UK due to pandemic. Nissan and Vauxhall have already halted their operations in the UK because of…

System debuts in Geneva with Ferrari, Mercedes-Benz and Volvo

High investment costs, subdued European markets weigh on earnings