BMW

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…

By Businessam Staff
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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…

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…

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…

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…

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…

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