BMW Group had a bad year 2024 due to the confluence of several factors. Problems with a braking system and persistent weakness in China reduced deliveries, revenue and profit. Shares are down by 30% from their peak in Q2 2024.
Porsche and BMW are the latest automakers to report sliding sales in China. The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors.
BMW posted a drop in annual sales on Monday, joining its German peers in reporting numbers weighed down by economic weakness in China, the world's largest car market, and Germany.
Die Schweizer Großbank UBS hat die Einstufung für BMW DE0005190003 in einem Branchenausblick auf die Berichtssaison zum vierten Quartal auf "Buy" mit einem Kursziel von 83 Euro belassen.
BMW is totally revamping its in-car user interface, starting with the Neue Klasse sedan later this year and ultimately spreading to all models, the company announced at CES 2025. Some of it looks and feels familiar, but the big change is a widget-based system that lets users customize the layout — including on the car's windshield.
The automaker revealed a new "BMW iDrive" system, which has a windshield-length display, and "BMW Operating System X" Tuesday during the CES tech show. BMW plans to offer the system on its new vehicles starting toward the end of this year.
BMW and Yamaha Motor have invested in U.S.-based rare earths processing startup Phoenix Tailings, the latest move by manufacturers to boost production of the strategic metals outside of China.
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