Category: News Type

@BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Interim Report to 31 March 2020

Ladies and Gentlemen, Good morning! The spread of the coronavirus and the measures to contain it strongly affected the BMW Group’s business development in the first quarter of 2020. Sales decreased significantly, especially in China. This impacted our earnings position in the first three months of the year. Local production facilities and retail outlets there… Continue reading @BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Interim Report to 31 March 2020

@BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Interim Report to 31 March 2020

Good morning, Ladies and Gentlemen! The current situation is extremely challenging, which makes it even more important to have a clear course, a firm stance and responsible leadership. This includes balancing business decisions – between short-term impact and long-term perspective – intelligently and effectively: On the one hand, we have measures to combat the massive… Continue reading @BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Interim Report to 31 March 2020

@Hyundai: Kia Motors announces April global sales

April sales totaled 134,216 units, down 41.1 percent y/y Sales in Korea increased 19.9 percent y/y to 50,361 units Sales outside of Korea declined 54.9 percent y/y to 83,855 units Kia Motors Corporation today announced its April 2020 global sales results, recording a total of 134,216 units, a 41.1 percent decrease from a year earlier.… Continue reading @Hyundai: Kia Motors announces April global sales

Press Releases – 298 automobile factories operating across Europe, new data shows

Brussels, 6 May 2020 – 298 automobile assembly and engine production plants operate in Europe today, according to freshly-updated data from the European Automobile Manufacturers’ Association (ACEA). Cars, vans, trucks, buses and engines are manufactured at these factories, 196 of which are situated within the European Union (EU27). ACEA is publishing this data in the… Continue reading Press Releases – 298 automobile factories operating across Europe, new data shows

@BMW: Quarterly Statement to 31 March 2020

Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com. PressClub Global · Article. Wed May 06 07:32:53 CEST 2020 Press Release Top Quarterly Statement to 31 March 2020 Attached please find the Quarterly Statement to 31 March 2020 for download. The telephone conferences for journalists and analysts will… Continue reading @BMW: Quarterly Statement to 31 March 2020

@BMW: BMW Group plans for various scenarios and can react swiftly to new developments

Munich. The BMW Group is well prepared to react swiftly and decisively at all times to new developments during the corona pandemic by systematically identifying potential scenarios. This approach is all the more important given that the BMW Group expects the consequences of the corona pandemic to constrain the operations of the entire automotive industry… Continue reading @BMW: BMW Group plans for various scenarios and can react swiftly to new developments

Uber rival Bolt aims to launch scooters in 45 cities

TALLINN, May 6 (Reuters) – Estonian ride-sharing service Bolt on Wednesday launched its own electric scooter model and said it aims to launch the scooter service in more than 45 cities this summer. Bolt, which has grabbed business from Uber mostly in major African cities and Eastern Europe, has more than 30 million users in… Continue reading Uber rival Bolt aims to launch scooters in 45 cities