German authorities have raided BMW’s Munich headquarters and its engine plant in Austria to search for evidence of the use of emissions cheat software. A month after the opening of an investigation into the suspected fraud, around 100 law enforcers have raided two of the manufacturer’s largest locations – 4500 employees at the engine plant… Continue reading BMW headquarters raided in emissions cheat software hunt
Tag: BMW
BMW 7 Series not available for one year: That’s why carmakers are desperate for the new emission regulations
All articles and backgrounds 03/21/2018 BMW 7er one year not available That’s why carmakers are desperate for the new emission regulations BMW BMW 740 For a year, the BMW 7 Series is in Europe not available as gasoline engine – This sales convention for Munich’s flagship shocked fans of the premium manufacturer. Other models are… Continue reading BMW 7 Series not available for one year: That’s why carmakers are desperate for the new emission regulations
Press Releases – Focus on vehicle safety measures with most tangible results, auto industry says
Brussels, 21 March 2018 – Before the European Commission publishes its proposal on the revision of the General Safety Regulation this May, the European Automobile Manufacturers’ Association (ACEA) is calling on policy makers to focus on the most effective vehicle safety measures with the strongest positive impact. “It goes without saying that our industry is… Continue reading Press Releases – Focus on vehicle safety measures with most tangible results, auto industry says
BMW Group Annual Report 2017
Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com. PressClub Global · Article. Wed Mar 21 10:03:54 CET 2018 Press Release Top BMW Group Annual Report 2017 Attached please find the Annual Report 2017 for download. The Annual Accounts Press Conference will be held on 21 March 2018… Continue reading BMW Group Annual Report 2017
BMW Group stepping up the pace
Munich. The BMW Group is stepping up the pace in its drive to shape tomorrow’s mobility. Two years after the launch of Strategy NUMBER ONE > NEXT, the BMW Group intends to increase upfront expenditure on research and development to an all-time high in 2018, while at the same time remaining steadily on course for a ninth record-breaking… Continue reading BMW Group stepping up the pace
Quandt heirs receive a billion euro dividend
The billion-euro profit of BMW also pays off for the major shareholders Stefan Quandt and Susanne Klatten. The siblings get a generous payout. The workforce also benefits. Susanne Klatten, Stefan Quandt Wednesday, 21.03.2018 14:27 The siblings Stefan Quandt and Susanne Klatten received from BMW shortly 1.1 billion euros in the account. Background: The car company… Continue reading Quandt heirs receive a billion euro dividend
German prosecutors register BMW headquarters on suspicion of handling emissions
Posted 3/3/2018 6:24:58 PM MUNICH (GERMANY), Mar. 20 (Reuters / EP) – German prosecutors have registered on Tuesday BMW headquarters in Munich on suspicion that the car firm used an “illegal” software capable of manipulating the levels of emissions of their vehicles. Nearly 100 policemen and law enforcement agents recorded the German manufacturer’s facilities in… Continue reading German prosecutors register BMW headquarters on suspicion of handling emissions
BMW Group statement concerning the ongoing investigation by the public prosecutor’s office Munich
Munich. The BMW Group confirms that the Munich public prosecutor has opened an investigation regarding a software update which has been mistakenly allocated to around 11,400 BMW 750d and BMW M550d vehicles. On 20 March, employees of the prosecutor’s office searched two BMW Group locations in connection with the investigation. As previously communicated, in the… Continue reading BMW Group statement concerning the ongoing investigation by the public prosecutor’s office Munich
UPDATE 1-BMW searched by German police in emissions swoop
FRANKFURT/MUNICH (Reuters) – BMW’s headquarters were raided on Tuesday by German prosecutors investigating the suspected use of illegal emissions control software capable of manipulating exhaust levels. A car with the BMW logo badge is seen on display at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Jonathan Ernst About 100… Continue reading UPDATE 1-BMW searched by German police in emissions swoop
Blackmore Sensors and Analytics Raises $18 Million Series B Financing Round to Scale Automotive Lidar Solution
BOZEMAN, Mont., March 20, 2018 /PRNewswire/ — Blackmore Sensors and Analytics, Inc., a leading developer of frequency-modulated continuous wave (FMCW) lidar for the automotive industry, announced today that it has raised $18 million in a Series B funding round led by BMW i Ventures. Additional investment comes from Toyota AI Ventures, Millennium Technology Value Partners… Continue reading Blackmore Sensors and Analytics Raises $18 Million Series B Financing Round to Scale Automotive Lidar Solution