Topic: BMW AG

BMW posts 36.4% drop in 2009 profit

German luxury car maker BMW on Thursday reported a 36.4 percent drop in 2009 net profit but also issued an upbeat 2010 forecast. BMW said its 2009 profit had fallen to 210 million euros (287 million dollars) as boss Norbert Reithofer updated provisional figures. A company statement added however ...
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BMW global February sales up 14 pct to 91,758 cars

German carmaker BMW global February group sales up 14 percent to 91,758 carsGerman carmaker BMW AG says its global February group sales increased 14 percent from a year earlier to 91,758 cars for the month. The Munich-based company said Tuesday it delivered 78,248 cars of the BMW ...
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Geneva auto show opens 80th edition to public

Geneva auto show opens 80th edition on note of optimism as questions remain over hybrid futureThe 80th Geneva Motor Show opened its doors to the public Thursday, offering a note of optimism and fun after two difficult years for the industry. The hybrid revolution, however, remains elusive. Among the stars ...
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BMW to offload UK pension liabilities to Deutsche

LONDON (Reuters) - German car maker BMW <BMWG.DE> is set to announce a deal on Monday to offload 3 billion pounds ($4.62 billion) of longevity risks from its UK pension scheme to Deutsche Bank <DBKGn.DE>, the Financial Times reported. The German bank's insurance ...
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