UPDATE 3-New BMW models to lift FY sales, '09 earns seen mixed ( Thu, 11 Mar 2010 16:10:26 +0100) * FY pretax profit 413 mln eur vs forecast 253 mln * Net profit 210 mln euros vs 330 mln in 2008 * Proposes steady div pf 0.30 eur/share * BMW shares Read more RPT-EARNINGS POLL-BMW seen posting Q4 pretax profit 174 mln eur ( Thu, 11 Mar 2010 10:52:58 +0100) * BMW Q4 results * Due on March 17 * Q4 profit before tax of 174 million euros expected FRANKFURT, March 10 (Reuters) - German premium carmaker BMW is Read more BMW sees definite upturn in almost all car markets ( Tue, 09 Mar 2010 11:28:12 +0100) FRANKFURT, March 9 (Reuters) - German luxury carmaker BMW sees a "definite" upturn in almost all car markets after its automobile and motorcycle sales Read more
February auto sales ( Wed, 03 Mar 2010 02:07:00 +0100) February auto sales U.S. light-vehicle sales totals, individual automaker results and market share for February compared with February 2009. FEBRUARY 2010 Maker volume % changefrom 2009 % mktshare YTDvolume % changefrom 2009 YTD %mkt share Ford 142,006 43.4% 18.2% 258,283 34.5% 17.5% GM 141,535 12.2% 18.1% 287,850 13.2% 19.5% Toyota 100,027 -8.7% 12.8% 198,823 -12.4% 13.4% Chrysler 84,449 0.5% 10.8% 141,592 -3.2% 9.6% Honda 80,671 12.7% 10.3% 148,150 3.9% 10% Nissan 70,189 29.4% 9% 132,761 22.8% 9% Hyundai 34,004 11% 4.4% 64,507 17% 4.4% Volkswagen 24,450 32.8% 3.1% 49,081 36.3% 3.3% Kia 24,052 9% 3.1% 46,175 4.5% 3.1% Subaru 18,098 38.3% 2.3% 33,709 33.3% 2.3% BMW 17,996 13.6% 2.3% 33,433 10.8% 2.3% Mazda 17,054 4.0% 2.2% 32,748 2.9% 2.2% Mercedes-Benz 15,387 8.0% 2.0% 30,556 23.6% 2.1% Mitsubishi 4,019 -10.4% 0.5% 8,189 -11.1% 0.6% Jaguar/Land Rover 2,793 11% 0.4% 5,382 4.0% 0.4% Porsche 1,531 0.9% 0.2% 3,317 4.4% 0.2% Suzuki 1,375 -60.7% 0.2% 3,415 -52.2% 0.2% Smart USA 442 -68.8% 0.1% 720 -77.4% 0% Maserati 104 76.3% 0% 205 32.3% 0% Ferrari 83 -10.8% 0% 151 5.6% 0% TOTAL 780,265 13.3% 100% 1,479,047 9.9% 100% GM includes Buick, Cadillac, Chevrolet, GMC, Hummer, Pontiac, Saab and Saturn. Ford includes Lincoln, Mercury and Volvo. Chrysler includes Chrysler, Dodge and Jeep. Volkswagen includes Audi and Bentley. BMW includes Mini and Rolls-Royce. Toyota includes Lexus and Scion. Honda includes Acura. Nissan includes Infiniti. Figures are not adjusted for selling days. Source: Autodata Read more
TABLE-BMW Feb U.S. vehicle sales up 13.7 pct ( Tue, 02 Mar 2010 22:48:41 +0100) March 2 (Reuters) - Following are BMW (Bayerische Motoren Werke) U.S. sales of cars and light trucks in February 2010 versus the same year-earlier month Read more
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AUTOSHOW-BMW posted 2009 profit in U.S. - CEO ( Tue, 02 Mar 2010 09:09:03 +0100) GENEVA, March 2 (Reuters) - BMW made a profit in the U.S. market in 2009, Chief Executive Norbert Reithofer said at the Geneva auto show on Tuesday. Residual Read more
RPT-AUTOSHOW-BMW posted 2009 profit in U.S. - CEO ( Tue, 02 Mar 2010 09:09:13 +0100) (Repeats to additional Reuters clients) GENEVA, March 2 (Reuters) - BMW made a profit in the U.S. market in 2009, Chief Executive Norbert Reithofer said Read more
The Lexus CT 200h and the BMW Concept 5-series ActiveHybrid are set for Geneva reveals, in News Bra ( Fri, 26 Feb 2010 17:32:00 +0100) In News Brake: The Lexus CT 200h will break cover at the Geneva auto show, U.S. F1 eyes a merger, and the BMW Concept 5-series ActiveHybrid is also on tap for Geneva . . . But Wait, There's More! Read more
Geneva auto show: BMW Concept 5-series ActiveHybrid ready for debut: ( Fri, 26 Feb 2010 14:22:00 +0100) BMW has released details on the Concept 5-series ActiveHybrid it is bringing to the Geneva auto show next week. Read more
BMW will build electric cars in Leipzig: ( Mon, 22 Feb 2010 15:00:00 +0100) BMW AG will produce its electric-car range at its plant in Leipzig, Germany, the automaker said Monday. In addition, BMW factories in Wackersdorf and Landshut, Germany, will produce parts for the so-called Megacity Vehicle. Read more
UPDATE 2-BMW lays off UK pension liabilities with Deutsche Bank ( Mon, 22 Feb 2010 16:21:03 +0100) * BMW offloads 3 bln stg in longevity risk to Deutsche Bank * Largest-ever insurance transaction with a pension scheme (Adds quotes) By Sarah Hills LONDON, Read more
UPDATE 1-BMW lays off UK pension liabilities with Deutsche Bank ( Mon, 22 Feb 2010 11:11:07 +0100) By Sarah Hills LONDON, Feb 22 (Reuters) - German car maker BMW has offloaded 3 billion pounds ($4.6 billion) of longevity risk from its UK pension scheme Read more BMW to offload UK pension liabilites to Deutsche- FT ( Mon, 22 Feb 2010 04:06:23 +0100) LONDON, Feb 22 (Reuters) - German car maker BMW is set to announce a deal on Monday to offload 3 billion pounds ($4.62 billion) of longevity risks from Read more
Jaguar Land Rover Taps Speth as CEO ( Fri, 19 Feb 2010 15:10:08 +0100) Former Ford and BMW executive Ralf Speth is named JLR CEO, replacing David Smith who resigned last month. Read more Jaguar Land Rover names former Ford, BMW exec Speth as CEO ( Thu, 18 Feb 2010 19:58:00 +0100) Jaguar Land Rover named Ralf Speth, a former BMW and Ford executive, as CEO. He replaces David Smith, who resigned last month. Read more Alpina B7 Set for Spring Launch in U.S. ( Fri, 12 Feb 2010 21:53:57 +0100) The ultra-luxurious specialty car, based on the BMW 7-Series, boasts 500 hp and 516 lb.-ft. of torque from its twin-turbocharged 4.4L V-8 engine. Read more 2010 BMW X6 M, an AW Drivers Log: ( Thu, 11 Feb 2010 16:18:00 +0100) EDITORIAL ASSISTANT JONATHAN WONG: The first question that pops into my head after looking at a spec sheet for the X6 M is: Who was asking for something like this? I was asking that question when the regular X6 came out, but the M version is... Read more INTERVIEW-Sailing-BMW says unhappy with America's Cup "disaster" ( Thu, 11 Feb 2010 17:30:54 +0100) By Iain Rogers VALENCIA, Spain, Feb 11 (Reuters) - Legal wrangling over the America's Cup has been a disaster for the event and BMW are unlikely to continue Read more Cadillac ATS Would Take on BMW 3-Series, Marketing Chief Says ( Wed, 10 Feb 2010 22:32:05 +0100) The Cadillac ATS likely would ride on GMs Alpha RWD architecture, which was developed to underpin a lineup of smaller rear-drive cars. Read more
BMW Jan group vehicle sales rise 16.6 pct ( Tue, 09 Feb 2010 10:43:56 +0100) FRANKFURT, Feb 9 (Reuters) - BMW group vehicle sales rose 16.6 percent in January to 82,120 units, the world's biggest premium carmaker said on Tuesday, Read more
BMW Thailand to No Longer Service Gray-Market Vehicles ( Mon, 08 Feb 2010 14:41:05 +0100) The auto makers decision is part of a new global warranty and services policy, in which BMW warranties only will be valid in the vehicles country of origin. Read more
BMW boosts warranty on certified 2007 models ( Sun, 07 Feb 2010 04:01:00 +0100) BMW of North America is upping the ante on its no-cost maintenance plan, adding an additional two years or 50,000 miles on select certified pre-owned 2007 models sold between Feb. 2 and March 31. Read more BMW ups warranty on certified 2007 models ( Sun, 07 Feb 2010 04:01:00 +0100) BMW of North America is upping the ante on its no-cost maintenance plan, adding an additional two years or 50,000 miles on select certified pre-owned 2007 models sold between Feb. 2 and March 31. Read more BMW China sales up in Jan, aims for 2010 growth ( Fri, 05 Feb 2010 11:45:23 +0100) FRANKFURT, Feb 5 (Reuters) - Germany's luxury carmaker BMW said on Friday it sold 11,919 cars in China in January, up by more than 122 percent, and added Read more
January auto sales ( Wed, 03 Feb 2010 04:10:00 +0100) January auto sales U.S. light-vehicle sales performance for January, compared to the same month a year ago. JANUARY Maker volume % changefrom 2009 % mktshare GM 146,315 14.1% 21% Ford 116,277 25% 16.7% Toyota 98,796 -15.8% 14.1% Honda 67,479 -5% 9.7% Nissan 62,572 16.1% 9% Chrysler 57,143 -8.1% 8.2% Hyundai 30,503 24.4% 4.4% Volkswagen 24,631 40.1% 3.5% Kia 22,123 0.1% 3.2% Mazda 15,694 1.8% 2.2% Subaru 15,611 28% 2.2% BMW 15,437 7.6% 2.2% Mercedes-Benz 14,733 41.1% 2.1% Mitsubishi 4,170 -11.8% 0.6% Jaguar/Land Rover 2,589 -2.6% 0.4% Suzuki 2,040 -44.2% 0.3% Porsche 1,786 7.7% 0.3% Smart USA 278 -84.3% 0.0% Maserati 101 5.2% 0.0% Ferrari 68 36.0% 0.0% Isuzu 0 -100.0% 0.0% TOTAL 698,346 6.3% 100.0% GM includes Buick, Cadillac, Chevrolet, GMC, Hummer, Pontiac, Saab and Saturn. Ford includes Lincoln, Mercury and Volvo. Chrysler includes Chrysler, Dodge and Jeep. Volkswagen includes Audi and Bentley. BMW includes Mini and Rolls-Royce. Toyota includes Lexus and Scion. Honda includes Acura. Nissan includes Infiniti. Figures are not adjusted for selling days. Source: Autodata Read more