Europe's carmakers, already battling stiff competition from Asia and a costly transition to electric cars, were dealing with another dose of reality on Monday - tariffs imposed by U.S. President Donald Trump.
BMW Group announced on Tuesday that it would join hands with Chinese autonomous driving firm Momenta to develop advanced driving assistance technology specifically for the China market.
BMW's CEO said on Friday he was optimistic that the European Union and the United States would soon reach a "manageable" agreement on auto import tariffs, potentially including a mechanism to offset imports with exports.
Die britische Investmentbank Barclays hat das Kursziel für die Aktien von BMW DE0005190003 von 73,50 auf 82,50 Euro angehoben und die Papiere von "Underweight" auf "Equal Weight" hochgestuft.
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