Ferrari and BMW are rolling out new models featuring lightweight, cost-effective aluminium wiring, accelerating a shift away from copper, the dominant material in electric wiring since the invention of the electric battery two centuries ago.
German premium carmaker BMW and employee representatives are preparing talks after the company slashed its profit outlook and vowed to ramp up efficiency measures, a spokesperson for the general works council said on Friday.
There is room for automakers aside from Chinese ones in the Chinese car market, as it is by far the world's largest, BMW supervisory board chairman Nicolas Peter said on Thursday.
BMW is rated a 'Buy' with a €87/share price target, offering significant upside and a 7% yield at current valuations. BMWKY's flexible ICE/BEV strategy, strong brand, and conservative execution position it well amid industry volatility and shifting powertrain trends. Current margin pressures are seen as cyclical and macro-driven, not structural, with earnings expected to stabilize after a 10% A...
BMW shares fell to their lowest levels in over 5 years on Wednesday after slashing 2026 guidance. The group's pre-tax profit is now expected to fall "significantly.
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