Tag Archives: BMW

The European Commission has fined Volkswagen Group and BMW $1 billion for colluding with Daimler to hold back the development of technology that could have reduced harmful emissions from their vehicles. In a statement on Thursday, the Commission said the three German carmakers, along with Volkswagen subsidiaries Audi and Porsche, …

German automaker BMW AG lost 212 million euros ($250 million) in the second quarter as the coronavirus pandemic shutdowns cut vehicle sales by a quarter in the April-June period. The company saw a rebound in China, its biggest market. The net loss compared to a profit of 1.48 billion euros …

Two police officers in a Paris suburb have been seriously injured after they were rammed by a car, apparently on purpose. The driver has been arrested and authorities are investigating the possibility it was a terrorist attack. A BMW drove into two mounted officers and proceeded to crush one of …

German luxury carmaker Audi said Tuesday it planned to slash 9,500 jobs in Germany by 2025 as part of a massive overhaul to help finance a costly switch to electric vehicles. The job cuts will be achieved through an early retirement programme and natural turnover at its two German plants, …

Some of the World’s newest and most popular cars are at risk of being stolen in seconds by exploiting weaknesses in keyless entry systems. The systems let drivers open and start their cars without taking their key out of their pocket. What Car? magazine tested seven different car models fitted …

BMW and Jaguar Land Rover on Wednesday said they will jointly develop electric motors, transmissions and power electronics, unveiling yet another industry alliance designed to lower the costs of developing electric cars. Both carmakers are under pressure to roll out zero-emission vehicles to meet stringent anti-pollution rules but have struggled …