Volkswagen, with $192bn debt burden, is world’s most indebted company
Piles of debt almost equivalent to entire nations, like South Africa or Hungary Daimler and BMW also in top 10 with debts of $151bn,
BMW and Great Wall Motor to build all-electric mini cars in China
The BMW Group, together with China’s Great Wall Motor, is to construct a plant that will produce future fully-electric models of
BMW to build $1.17 billion car factory in Hungary
Leading car manufacturer, BMW said it is investing $1.17 billion in a new car factory in eastern Hungary, according to Reuters. The
Trump threatens 20% tariff on car imports over EU “tariffs and trade barriers” on US products
U.S. President Donald Trump has threatened a 20 percent tariff on EU cars after the European Union introduced tariffs on £2.4bn worth
One in six new cars by 2025 will be electric as consumer interest rises
Almost every sixth car sold in the world will be electric by 2025, according to a UBS global autos survey released Tuesday. And if
BMW recalls 1m vehicles over fire risk, recommends parking outside
BMW is recalling more than 1 million cars and SUVs in two U.S. recalls due to the risk of fires under the hood, and it’s
BMW set to halt production in China, South Africa on shortage
BMW AG is set to extend production halts in Germany to China and South Africa on Monday as the luxury-car maker grapples with a