BMW

    • BMW loses record €212m in second quarter

      BMW loses record €212m in second quarter

      German carmaker BMW on Wednesday registered a loss of €212m ($250.6m) in the second quarter of the year as demand slumped as a result of the coronavirus pandemic. The higher-than-expected loss, which before interest and taxes came in at €666m, compared with a profit of €1.48bn for the same period in 2019.

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    • Audi to join Mercedes, BMW development alliance

      Audi to join Mercedes, BMW development alliance

      Audi is set to join an alliance with rivals Daimler and BMW to develop advanced driving assistance systems, German weekly Wirtschaftswoche said on Thursday. According to the newspaper, Audi, a unit of Volkswagen will announce the alliance at the Frankfurt auto show in early September.

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    • Microsoft, BMW launch industrial cloud platform

      Microsoft, BMW launch industrial cloud platform

      BMW has big plans for its iNext electric and fully autonomous vehicle, but making the car will require a streamlined, coordinated, and automated manufacturing system — something Microsoft wants to help them build. Thus, on Tuesday during the Hannover Messe, the companies announced a partnership to launch a new open-sourced industrial manufacturing platform called the Open Manufacturing Platform, or OMP.

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    • EU probes BMW, Daimler, VW over alleged emissions collusion

      EU probes BMW, Daimler, VW over alleged emissions collusion

      The European Commission has opened an in-depth investigation into whether German automakers BMW, Daimler and Volkswagen Group (Volkswagen, Audi, Porsche) breached EU antitrust rules by colluding to avoid competition on the development and roll-out of technology to clean the emissions of petrol and diesel passenger cars. The move marks a fresh blow to the scandal-hit industry three years after the notorious 'Dieselgate' scandal.

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    • BMW apologises for engine fires in South Korea

      BMW apologises for engine fires in South Korea

      BMW AG’s Korean unit apologised Monday over engine fires that prompted recalls and a probe, seeking to allay concerns amid pictures and videos of cars catching fire while being driven. BMW Korea Chairman Kim Hyo-joon said the German carmaker will fully cooperate with the transport ministry’s investigation and complete emergency safety inspections of its vehicles by next week.

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