Bayerische Motoren Werke AG ADR (BAMXY) - OTCPK - Current
  • Sep. 18, 2015, 9:23 AM
    • Toyota (NYSE:TM) and BMW (OTCPK:BAMXY) will decide before the end of the year if they will build their long-awaited sports car together.
    • A memorandum of understanding signed in 2012 between the automakers still hasn't been acted on yet.
    • If Toyota and BMW do move ahead with a share sports car platform, the type of powertrain picked will be closely watched by rivals.
    | Sep. 18, 2015, 9:23 AM
  • Sep. 16, 2015, 2:15 AM
    • Automakers are continuing to reposition themselves for the advent of driverless cars as competition heats up to develop a fully autonomous vehicle.
    • Google named industry veteran John Krafcik CEO of its self-driving car project on Monday, and other carmakers are snapping up software experts to refocus their products and business models.
    • New developments: BMW (OTCPK:BAMXY) is testing a driveless taxi/car-sharing project, while Mercedes-Benz (OTCPK:DDAIF) is considering a similar limousine service.
    | Sep. 16, 2015, 2:15 AM
  • Sep. 15, 2015, 9:04 AM
    • BMW (OTCPK:BAMXY) car registrations +20.9% to 56,600 units in August, according to the European Automobile Manufacturers Association.
    • Overall EU registrations +11.5% Y/Y to 781,583 units in August led by strong demand in France, the UK, Spain, and Italy.
    • BMW market share: 7.2% vs. 6.7% a year ago.
    • BMW YTD registrations +12.0%.
    • Results include the BMW and Mini brands.
    • EAMA release (.pdf)
    | Sep. 15, 2015, 9:04 AM
  • Sep. 15, 2015, 5:27 AM
    • BMW (OTCPK:BAMXY) and Toyota (NYSE:TM) may deepen their partnership in a bid to lower global manufacturing costs and explore hydrogen car options.
    • The two automakers worked together on a hydrogen prototype of the BMW 5 Series.
    • Speculation on strategic alliances between automakers has been a large focus of the Frankfurt Motor Show this week, although most executives have danced around questions on major mergers.
    | Sep. 15, 2015, 5:27 AM
  • Sep. 11, 2015, 3:55 PM
    • Ten automakers accounting for more than half of U.S. auto sales have committed to make automatic emergency braking standard on new U.S. vehicles, the U.S. Department of Transportation announces.
    • The automakers are Audi (OTCPK:AUDVF), BMW (OTCPK:BAMXY), Ford (NYSE:F), General Motors (NYSE:GM), Mazda (OTCPK:MZDAY), Mercedes Benz (OTCPK:DDAIF), Tesla (NASDAQ:TSLA), Toyota (NYSE:TM), Volkswagen (OTCQX:VLKAY) and Volvo (OTCPK:VOLVY).
    • The systems could prevent or mitigate 80% of the ~1.7M rear-end collisions that cause ~1,700 deaths and 500K injuries annually in the U.S., according to the National Transportation Safety Board.
    • The announcement does not specify a timetable for implementing the change.
    | Sep. 11, 2015, 3:55 PM | 141 Comments
  • Sep. 10, 2015, 8:28 AM
    • Automobile sales in China fell 3% to 1.7M in August, according to an official tally from the China Association of Automobile Manufacturers. Tighter restrictions on pollution and the impact of a cooler China economy remain significant factors.
    • The decline is an improvement over the 7.1% slide in July, but puts YTD sales growth flat compared to last year. A top official with CAAM warns negative sales growth for the full year is possible.
    • Strong sales of SUVs in the nation couldn't offset weak demand for sedans during the month.
    • Domestic brands took sales from global sellers in August, improving their market share by 50 bps to 39.4%. Japanese automakers have also gained ground over the last several months. The development hits German automakers and the Detroit Three particularly hard due to their investments in China.
    • Some analysts think sales could be tepid until the Chinese New Year next February when demand is traditionally stoked.
    | Sep. 10, 2015, 8:28 AM | 28 Comments
  • Sep. 10, 2015, 7:22 AM
    • BMW (OTCPK:BAMXY) reports global deliveries rose 7.2% to 156,437 units in August.
    • Sales were up 7.6% for the BMW brand, while sales increased 5.0% for Mini.
    • Strong demand in France and Portugal helped pace BMW's double-digit sales growth in Europe.
    • YTD global BMW sales +7.4% to 1.429M.
    | Sep. 10, 2015, 7:22 AM
  • Sep. 5, 2015, 12:02 PM
    • News in the automobile industry this week continues to indicate seismic changes are coming.
    • The Silicon Valley factor: A deeper commitment by Apple and Google in the automobile sector is widely anticipated, although an all-in bet on the manufacturing side is still considered a reach. Key acquisitions, partnerships, or joint ventures in software, self-driving technology, and infotainment systems could sort out the winners from the losers. German players BMW (OTCPK:BAMXY) and Mercedes-Benz (OTCPK:DDAIF) could be in the mix.
    • The Sergio factor: Though the Fiat Chrysler Automobiles (NYSE:FCAU) CEO continues to make some bold projections on the powerful merger synergies a tie-up with General Motors (NYSE:GM) would create, his math works for other combinations within the industry as well. Nissan (OTCPK:NSANY), Tata Motors (NYSE:TTM), Honda (NYSE:HMC), and Volvo (OTCPK:GELYF) are each struggling in various markets.
    • The Tesla factor: Tesla Motors (NASDAQ:TSLA) has engaged in a war of words with Toyota (NYSE:TM) in the electric vs. hydrogen debate. The EV automaker is also in a race with General Motors and Nissan over developing a mass-market EV with the driving range and sticker price to sell at scale. There's also been a tug-of-war over employees with Silicon Valley counterpart Apple. With so many enemies, some analysts think Tesla needs more friends in the space. Who has the ~$40B-$50B to buy out Elon or the moxie to strike a strategic partnership?
    • Looking for a wildcard? Sony (NYSE:SNE) CEO Kazuo Hirai told the Financial Times this week that his company would absolutely partner with an automobile company if a deal makes sense.
    | Sep. 5, 2015, 12:02 PM | 97 Comments
  • Sep. 1, 2015, 1:02 PM
    • BMW (OTCPK:BAMXY) unit sales +2.0% to 32,864 units.
    • Sales growth by brand: BMW +2.0% to 27,755; Mini +2.1% to 5,109 units.
    • BMW passenger car sales rose 2.9% to 21,929 units, paced by strong demand for the 3 Series.
    • YTD BMW sales +7.3% to 263,908 units.
    | Sep. 1, 2015, 1:02 PM
  • Aug. 24, 2015, 11:47 AM
    • Morgan Stanley analyst Adam Jones warns General Motors (GM -4.9%) is "highly dependent" on China for cash flow.
    • The numbers back up Jonas after GM earned almost a third of all its net income over the last two years from the region.
    • German automakers (OTCQX:VLKAY, OTCPK:DDAIF, OTCPK:BAMXY) also have a high level of exposure to China.
    | Aug. 24, 2015, 11:47 AM | 8 Comments
  • Aug. 20, 2015, 3:58 PM
    • Researchers poring over data on pollution in China have concluded the issue may be even worse than feared, reports The Economist.
    • Relying on government air-reporting systems, scientists think that 83% of the Chinese population is exposed to air that the EPA would label as unhealthy in the U.S. Many of those living in the Beijing to Shanghai corridor experience air that's the equivalent of smoking 40 cigarettes a day, according to the measurements.
    • The read on pollution has a major impact for automakers in China. The government is expected to increase pressure on the industry by rolling back some favorable subsidies to give them an incentive to shoot for profitability at volume. The development coincides with a trend toward weaker pricing in the sector.
    • It's not clear all automakers have a strategy aligned with the changing market conditions.
    | Aug. 20, 2015, 3:58 PM | 21 Comments
  • Aug. 17, 2015, 9:30 AM
    • BMW (OTCPK:BAMXY) will move to a plug-in hybrid powertrain when the next version of the M3 sedan is brought to the market, tips The Detroit Bureau.
    • The German automaker isn't revealing quite yet the timing of a new hybrid M3 - a model introduction which has the potential to shake up the luxury EV market.
    | Aug. 17, 2015, 9:30 AM
  • Aug. 17, 2015, 7:23 AM
    • Volkswagen (OTCQX:VLKAY) says 2,700 vehicles were damaged during the explosions last week at the port in Tianjin.
    • Earlier today, Renault (OTC:RNSDF, OTCPK:RNLSY) disclosed 1,500 of its automobiles were burned during the incident.
    • Toyota (NYSE:TM) and BMW (OTCPK:BAMXY) both expect production line disruptions in China due to damage in Tianjin.
    | Aug. 17, 2015, 7:23 AM | 1 Comment
  • Aug. 12, 2015, 7:04 AM
    • BMW Group (OTCPK:BAMXY) reports global deliveries increased 5.6% to 173,195 units in July.
    • Sales growth by brand: BMW +5.8% tp 147,153 units; Mini +4.8% to 25,516 units; BMW Mottorad +21.5% to 14,168.
    • The company cited strength in Europe and the NAFTA region during the month.
    • YTD BMW global deliveries +7.5% to 1,272,953 units.
    | Aug. 12, 2015, 7:04 AM
  • Aug. 11, 2015, 7:25 AM
    | Aug. 11, 2015, 7:25 AM | 7 Comments
  • Aug. 3, 2015, 1:51 PM
    • BMW (OTCPK:BAMXY) unit sales -0.2% to 32,161 units.
    • Sales growth by brand: BMW +2.1% to 26,970; Mini -10.7% to 5,191 units.
    • BMW passenger car sales were down 16% to 17,819 units, with demand lower for the Series 3, 4, and 5.
    • YTD BMW sales +8.1% to 231,044 units.
    | Aug. 3, 2015, 1:51 PM
Company Description
Currently, there's no company description for BAMXY.
Industry: Trucks & Other Vehicles
Country: Germany