Tag: BMW
EU: BMW not interested in settling cartel probe
Germany’s BMW has no interest in settling an investigations by the European Union antitrust authorities against the company and other German carmakers, German magazine...
Japan: BMW raided by JFTC
Japan’s Fair Trade Commission (JFTC) raided BMW Japan on Wednesday, September 11, for allegedly imposing unreasonable sales quotas on its distributors and making them...
Germany: Daimler CEO says there are no plans to pursue a...
According to Reuters, Daimler has no plans to spin off its trucks division or to pursue a merger with BMW as a way to...
EU: BMW hurts as US$1.8B is set aside for possible EU...
BMW’s first-quarter operating profit fell 78% to €589 million (US$658.4 million), reported Reuters. This was not helped by BMW being compelled to set aside...
EU: EC accuses BMW, Daimler, and VW of emissions collusion
The European Commission has formally accused BMW, VW, and Daimler of colluding to impede the rollout of emissions limiting technology. These companies—whose car brands...
EU: Daimler, BMW to unite in car sharing joint venture
Daimler and BMW, two German luxury carmakers, revealed on Friday, February 22, their plans to invest more than one €1 billion euros (US$1.13 billion)...
US: Regulators approve BMW-Daimler services merger
BMW and Daimler's plan to combine their transportation services, including car sharing, ride hailing and electric vehicle charging, is a step closer to reality...
China: BMW launches ride-hailing service
BMW has launched a ride-hailing service in the Chinese city of Chengdu, the company reported. The luxury car brand is the first foreign company...
China: BMW wins ride-hailing license
BMW reportedly has achieved a ride-hailing first. The luxury automotive brand has obtained a license to launch a ride-hailing service in China, with the...
EU: Daimler, BMW offer concessions
German carmakers Daimler and BMW have offered concessions to address EU antitrust concerns about their plan to combine their car-sharing businesses, the European Commission announced...