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
Tag: Financial Results
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
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
Group 1 Announces Market Conditions and Costs Associated with Strategic Initiatives Will Negatively Impact First Quarter Results
HOUSTON, March 19, 2018 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI), (“Group 1” or the “Company”), an international, Fortune 500 automotive retailer, today announced that first quarter earnings will be negatively affected by weak market conditions, including pressure on used car margins, as well as costs associated with a series of long-term, strategic investments designed… Continue reading Group 1 Announces Market Conditions and Costs Associated with Strategic Initiatives Will Negatively Impact First Quarter Results
Volkswagen dealer in turmoil: “The depreciation of diesel endangers existences”
All articles and backgrounds 03/19/2018 Volkswagen dealers in turmoil “The depreciation of diesel endangers existences” DPA Volkswagen logo at a dealer in Hannover The Volkswagen Group navigates surprisingly successfully through the exhaust gas scandal. The worst was probably over, emphasize top managers. Less confident, meanwhile, the VW dealer. They fear that a major item in… Continue reading Volkswagen dealer in turmoil: “The depreciation of diesel endangers existences”
BMW Group publishes Sustainable Value Report 2017: “For us, sustainability means future viability.”
Munich . The BMW Group made significant progress in shaping sustainable mobility in 2017. For the first time, the company sold more than 100,000 electrified vehicles in a single year. Although the percentage of diesel vehicles in Europe decreased, fleet consumption was further reduced – to an average of 122 grams per kilometre. As part… Continue reading BMW Group publishes Sustainable Value Report 2017: “For us, sustainability means future viability.”
Hyundai Motor America and SiriusXM Agree To Five-Year Extension
NEW YORK, March 19, 2018 /PRNewswire/ — SiriusXM and Hyundai Motor America announced today an agreement that extends the ongoing relationship between the two companies for five more years. Customers buying Hyundai and Genesis brand vehicles will continue to get a three-month introductory SiriusXM All Access subscription – SiriusXM’s most expansive programming package which includes access to… Continue reading Hyundai Motor America and SiriusXM Agree To Five-Year Extension
Balance sheet: million-risk for VW financial division due to losses in diesel cars
“Crisis made changes possible that were previously unthinkable” The business of VolkswagenGroup with auto financing and leasing contracts is still hardly burdened by the diesel scandal. As the VWSubsidiary Financial Services announced on Monday, the operating result rose again last year to a record level and reached 2.46 (previous year: 2.1) billion euros. However, the… Continue reading Balance sheet: million-risk for VW financial division due to losses in diesel cars
Dana Incorporated Increases Guidance for Full Year 2018
MAUMEE, Ohio, March 19, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced it is raising its 2018 full-year guidance. Strengthening end-market demand, most notably in off-highway and commercial vehicle, combined with benefits from currency translation are driving an additional 4 percent increase in expected sales growth in 2018 compared with the company’s prior full-year target. Due… Continue reading Dana Incorporated Increases Guidance for Full Year 2018