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Xinhua Headlines: BMW enters more Chinese families
Liu Yifang, a resident in Shenyang, northeast China's Liaoning Province, replaced his compact car with a BMW sedan in 2012, as he believed that the German brand had become affordable for more Chinese families.
China Focus: BMW celebrates 20th anniversary of taking root in China
BMW Group's joint venture in China, BMW Brilliance Automotive Ltd. (BBA), on Thursday marked the company's 20th anniversary, announcing further investment and localization of its electro-mobility in China.
Chinese market of significant strategic importance as Chinese modernization shares opportunities with world: BMW senior official
Reiterating its long-term commitment to China, German auto giant BMW AG is determined to become a partner on the Chinese path to modernization, which shares opportunities with the world, according to Oliver Zipse, chairman of the Board of Management of BMW AG.
Chinese tech firm to provide autonomous driving products, services for BMW
Chinese tech firm NavInfo Co., Ltd. (NavInfo, 002405.SZ) has recently signed an agreement with BMW China Automotive Trading Ltd. to provide autonomous driving-related products and services for BMW in Chinese market.
BMW aims to grow again in 2023 after strong final quarter
BMW wants to increase its sales figures again this year. In 2022, however, the German automaker had to accept a decline in sales of 4.8 percent compared to the previous year, with just under 2.4 million vehicles delivered, the company has announced.
BMW sales fall slightly on previous year, with growth in e-car sector
BMW sold around 2.4 million cars in 2022, almost 100,000 fewer than in the previous year. However, sales of fully electric vehicles more than doubled, the German carmaker announced in Munich.
Interview: BMW senior official says engagement better than judgement, stressing cooperation with China
German auto giant BMW AG would continue to deepen cooperation with its Chinese partners due to China's market and strong innovation capability, said its Chairman of the Board of Management Oliver Zipse.
BMW reports rise in third-quarter profit, confirms 2022 outlook
German luxury carmaker BMW AG reported that its third-quarter Group net profit climbed 23% to €3.18 billion ($3.11 billion) from last year's €2.58 billion.
German carmaker BMW starts production of fuel cells
German carmakers Mercedes-Benz and Audi are focusing entirely on the battery-powered electric car for the future - but BMW is also investing in the hydrogen-powered car alongside it.
BMW profit drops in second quarter
German luxury carmaker BMW reported that its profit attributable to shareholders for the second quarter dropped to €2.84 billion ($2.89 billion), or €4.30 per share, from €4.77 billion, or €7.23 per share, last year.
BMW posts profitable H1 after Chinese JV consolidation
BMW's net profit in the first half (H1) of this year soared by 73.6 percent year-on-year to a record 13.2 billion euros (13.5 billion U.S. dollars), the German carmaker said on Wednesday.
BMW increases production of battery modules for e-cars in Leipzig
German carmaker BMW is expanding its production of electric drive systems in Germany.
BMW opens new factory in China
A new factory of BMW Group's joint venture in China opened Thursday in Shenyang, northeast China's Liaoning Province, with an investment totaling 15 billion yuan (about 2.2 billion U.S. dollars).
BMW to compete with Tesla by opening an electric car plant in China
A 2.2-billion-dollar project. The plant, based in the industrial city of Shenyang, will be operated by BMW and its local partner and aims to increase the joint venture's annual production by about 18% over 2021.
BMW lays cornerstone of new Hungarian plant focused on electric cars
Starting in 2025, BMW intends to begin production of its first car with a purely electric platform. Moreover, it is to be the first car plant in the world that uses exclusively renewable energy.
BMW sets up recycling scheme in China for used electric car batteries
German carmaker BMW is setting up a recycling scheme in China for its discarded electric car batteries.
BMW recalls 194 imported cars in China
BMW (China) Automotive Trading Ltd. has recalled 194 imported cars in the Chinese market due to software defects, according to the country's top quality watchdog.
BMW sees Q1 figures jump after full consolidation of China joint venture BBA
BMW's earnings before tax (EBT) in the first quarter (Q1) of fiscal year 2022 more than quadrupled year-on-year to reach 12.2 billion euros (12.9 billion U.S. dollars), the German carmaker said on Thursday.
VW plants in northeast China gradually resume production
After a one-month shutdown due to the coronavirus lockdown in Changchun in northeast China, the Volkswagen Group plants in the Chinese city have gradually resumed production.
BMW to launch China-exclusive all-electric 3 Series
German carmaker BMW announced on Thursday it will launch the first all-electric 3 Series car exclusively for the Chinese market in May 2022.
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