FMP
Bayerische Motoren Werke AG
BMWYY
PNK
Inactive Equity
Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment is involved in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands. This segment sells its products through independent and authorized dealerships. The Motorcycles segment develops, manufactures, assembles, and sells motorcycles and scooters under the BMW Motorrad brand name, as well as spare parts and accessories. The Financial Services segment engages in automobile leasing, retail and dealership financing, multi-brand fleet, customer deposit, and insurance activities; and the provision of fleet management services under the Alphabet brand. The company was founded in 1916 and is based in Munich, Germany.
29.21 USD
1.29 (4.42%)
Latest BMWYY News
New York Post
Aug 20, 2024
BMW recalling more than 720K vehicles over potential fires from faulty water pumps
The impacted vehicles have water pumps with insufficient sealing, according to the NHTSA report, and may be susceptible to fluid ingress at the electrical plug connector over time.
Reuters
Aug 20, 2024
BMW's China-made electric Mini to receive lower 21.3% tariff
BMW said that its joint venture in China which produces the electric Mini was classed as a "cooperating company" in the EU's latest draft tariff document on duties for China-made EVs, qualifying it for a lower duty of 21.3%.
Forbes
Aug 20, 2024
BMW Recalls 720,000 Cars With Water Pump That Could Short Circuit
BMW is recalling more than 720,000 vehicles over a water pump connector that may short circuit, increasing the risk of a fire, according to a regulatory filing on Tuesday, the latest notice by the automaker after hundreds of thousands of other cars were recalled last month.
Proactive Investors
Aug 20, 2024
BMW recalls 720,000 cars in US as latest issue hits
BMW AG (ETR:BMW) has recalled some 720,796 cars in the US over fears of vehicles short-circuiting, regulators said on Tuesday. This includes models of the X1 and X5 crossovers, alongside some 5-series sedans, and comes after a string of BMW recalls recently.
Proactive Investors
Aug 16, 2024
BMW recalls Chinese models over airbag fault
BMW AG (ETR:BMW) has announced a recall of 1.36 million vehicles in China due to potential risks associated with Takata airbags. The recall involves cars produced between 2003 and 2017, according to China's State Administration for Market Regulation.
Reuters
Aug 16, 2024
BMW to recall more 1 million units in China due to airbag risks, regulator says
BMW will recall more than 1 million units of locally-produced and imported cars in China that were produced from 2003-2017 due to potential risks with the airbag, China's market regulator said on Friday, with the recall effective immediately.
Reuters
Aug 8, 2024
BMW to recall over 100,000 US vehicles over starter motor concern
BMW is recalling 105,558 crossovers and sedans in the U.S. and will issue a software update to fix concerns related to a starter motor that can overheat.
Seeking Alpha
Aug 2, 2024
Bayerische Motoren Werke Aktiengesellschaft (BMWYY) Q2 2024 Earnings Call Transcript
Bayerische Motoren Werke Aktiengesellschaft (OTCPK:BMWYY) Q2 2024 Earnings Conference Call August 1, 2024 4:15 AM ET Company Participants Maximilian Schoberl - Director of Corporate Affairs Oliver Zipse - Chairman of the Board of Management Walter Mertl - Chief Financial Officer Conference Call Participants George Galliers - Goldman Sachs Jose Asumendi - JPMorgan Tim Rokossa - Deutsche Bank Justin Bazalgette - Federated Hermes Henning Cosman - Barclays Capital Patrick Hummel - UBS Stephen Reitma...
Seeking Alpha
Aug 2, 2024
Bayerische Motoren Werke Aktiengesellschaft (BMWYY) Q2 2024 Earnings Call Transcript
Bayerische Motoren Werke Aktiengesellschaft (OTCPK:BMWYY) Q2 2024 Earnings Conference Call August 1, 2024 2:30 AM ET Company Participants Maximilian Schoberl - Director of Corporate Affairs Oliver Zipse - Chairman of the Board of Management Walter Mertl - Chief Financial Officer Conference Call Participants Nick Gibbs - Automotive News Europe Maximilian Schoberl Good morning, ladies and gentlemen. Welcome to the telephone conference of the BMW Group for the second quarter.
Reuters
Aug 1, 2024
BMW's auto profit margin falls short of forecast in Q2
BMW on Thursday reported a lower than expected profit margin in its core automotive segment during the second quarter, as heightened competition and weaker demand in China weighed on the luxury carmaker's sales.
