Bayerische Motoren Werke AG ADR (BMWYY) - OTCPK - Current
  • Dec. 10, 2015, 7:10 AM
    • BMW (OTCPK:BAMXY) reports sales rose 4.9% to 197,480 vehicles in November.
    • Sales growth by brand: BMW +5.6% to 167,853 vehicles; Mini +0.9% to 29,271 vehicles; BMW Motorrad +5.8% to 7,844 vehicles.
    • The automaker struck consistent growth across regions. Sales in China were up 3.2% to just over 41K vehicles.
    • YTD BMW sales +6.9% to 2,033,948 vehicles.
    | Dec. 10, 2015, 7:10 AM
  • Dec. 9, 2015, 9:53 AM
    • The NHTSA proposes adding new safety categories to its ratings systems with an aim to accelerate technology innovation and integration.
    • Safety features such as forward collision warnings, blind-spot alerts, lane departure information, and rear cameras would be part of the ratings system under the changes.
    • The push from the regulator could help some auto suppliers such as Delphi Automotive (DLPH +1.4%) and Mobileye (MBLY +2.5%), notes the WSJ.
    • Autoliv (ALV +2.1%), WABCO Holdings (WBC +1.5%), Borg Warner (BWA +1.3%), and Meritor (MTOR +1.3%) are all ahead of market averages in early action today, perhaps due to the NHTSA strategy reveal.
    • Related auto stocks GM, F, TM, HMC, OTCPK:NSANY, OTCQX:VLKAY, OTCPK:DDAIF, OTCPK:BAMXY, TSLA, TTM, OTC:HYMLF.
    | Dec. 9, 2015, 9:53 AM | 71 Comments
  • Dec. 9, 2015, 4:58 AM
    • China plans to introduce a new round of auto purchase subsidies for rural residents that will cover vehicles with engines smaller than 1.6 liters, Bloomberg reports.
    • The country last introduced the subsidies (although not for passenger cars) in the depths of the global financial crisis to help prop up economic growth.
    • That spending helped propel the nation past the U.S. to become the largest market in the world for new vehicle sales.
    • Chinese automaker shares surged on the news: Geely Automobile (OTCPK:GELYY) +6.2%; Chongqing Changan Automobile +6.1% and BYD (OTCPK:BYDDY) +5.3%.
    • Other related tickers: OTC:CQCAF, OTCPK:GWLLF, OTCPK:GWLLY, KNDI, OTCPK:DNFGY, OTCPK:DNFGF, OTCPK:DDAIF, OTCQX:VLKAY, OTCPK:BAMXY, GM.
    | Dec. 9, 2015, 4:58 AM | 6 Comments
  • Dec. 8, 2015, 9:29 AM
    | Dec. 8, 2015, 9:29 AM | 1 Comment
  • Dec. 6, 2015, 10:16 AM
    | Dec. 6, 2015, 10:16 AM | 11 Comments
  • Dec. 4, 2015, 8:58 AM
    • Nokia (NYSE:NOK) has completed the sale of its HERE mapping business to a consortium of German carmakers, including BMW (OTCPK:BAMXY), Daimler (OTCPK:DDAIY) and Audi (OTCPK:AUDVF).
    • The transaction valued HERE at an enterprise value of €2.8B, subject to certain purchase price adjustments.
    • Based on the current estimates of such adjustments, Nokia received net proceeds from the transaction of approximately €2.55B at closing.
    • Previously: Nokia sells HERE maps unit for $3.07B (Aug. 03 2015)
    | Dec. 4, 2015, 8:58 AM | 60 Comments
  • Dec. 1, 2015, 2:12 PM
    • BMW (OTCPK:BAMXY) unit sales +1.2% to 36,447 units.
    • Sales growth by brand: BMW +1.2% to 32,003; Mini -11% to 4,444 units.
    • BMW passenger car sales fell off 17% to 21,067 units.
    • Demand was strong for the BMW X5 and X6 models during the month.
    • YTD BMW sales +4.9% to 364,903 units.
    | Dec. 1, 2015, 2:12 PM
  • Nov. 24, 2015, 2:06 PM
    • TrueCar forecasts new automobile sales will rise 3.9% Y/Y in November to 1,352,500 units. That level of sales would set a record for November.
    • Black Friday promotions are anticipated to boost sales volume at the end of the month. Several automakers are already advertising specials for the post-Thanksgiving weekend.
    • Sales growth projections by manufacturer: BMW (OTCPK:BAMXY) -0.2% to 36K, Daimler (OTCPK:DDAIF) +0.5% to 38.1K, Fiat Chrysler Automobiles (NYSE:FCAU) +4.1% to 179.1K, Ford (NYSE:F) +4.2% to 194.1K, General Motors (NYSE:GM) +5.7% to 238.6K, Honda (NYSE:HMC) +0.4% to 122.3K, Hyundai (OTC:HYMLF) +6.2% to 57K, Kia +0.6% to 45.2K, Nissan (OTCPK:NSANY) +4.1% to 107.4M, Subaru (OTCPK:FUJHY) -1.7% to 44.5K, Toyota (NYSE:TM) +4.2% to 191K, Volkswagen (OTCQX:VLKAY) +1.3% to 54.2K.
    | Nov. 24, 2015, 2:06 PM | 73 Comments
  • Nov. 24, 2015, 8:36 AM
    • Tesla Motors (NASDAQ:TSLA) disclosed it will sell a base version of the Model X for as low as $80K when sales ramp up in 2016.
    • The lower-price option is for the 70D battery pack with a 220 mile range and top speed of 140 mph vs. the pricier 90D with the 90-kWh battery and top speed of 155 mph.
    • Federal tax credits and state rebates could lower the net cost for buyers, while customized add-ons work the other way.
    • The pricing of the Model X is being closely watched by German automakers (OTCPK:DDAIF, OTCQX:VLKAY, OTCPK:BAMXY).
    • Model X pricing and spec
    | Nov. 24, 2015, 8:36 AM | 53 Comments
  • Nov. 18, 2015, 5:16 AM
    • Ford (NYSE:F) is set to unveil the latest version of its luxury car the Lincoln MKZ at the Los Angeles Auto Show later today.
    • The 2017 MKZ features a new grille design, a three-liter turbo-charged engine, 400 horsepower vs 300 HP on the current model, and an all-wheel drive system.
    • Ford has also installed a new interior look and will offer optional crash-avoidance technology and a feature that will automatically slow and accelerate the car in traffic.
    • The MKZ competes with GM's (NYSE:GM) Cadillac ATS, BMW's (OTCPK:BAMXF) 3-series, Daimler's (OTCPK:DDAIF) Mercedes-Benz C-Class and Audi's (OTCQX:VLKAF) A4 in the $36,000-$50,000 price category.
    | Nov. 18, 2015, 5:16 AM | 22 Comments
  • Nov. 17, 2015, 7:51 AM
    • BMW (OTCPK:BAMXY) car registrations +13.4% to 76,774 units in October, according to the European Automobile Manufacturers Association.
    • Overall EU registrations +2.9% Y/Y to 1,394,223 units in October, led by strong demand in Italy and Spain. Registrations in Germany and France were up 1%.
    • BMW market share: 6.9% vs. 6.3% a year ago.
    • BMW YTD registrations +12.1%.
    • Results include the BMW and Mini brands.
    • EAMA release (.pdf)
    | Nov. 17, 2015, 7:51 AM
  • Nov. 11, 2015, 10:50 AM
    | Nov. 11, 2015, 10:50 AM | 26 Comments
  • Nov. 11, 2015, 7:21 AM
    • BMW (OTCPK:BAMXY) reports global deliveries increased 4.0% to 191,651 units in October.
    • The automaker says it's continuing to see double-digit growth in Europe on broad strength.
    • Sales of the all-electric i3 were up 6.2% to 2,553 units.
    • Growth by brand: BMW +6.3% to 164,915 units; Mini +8.5% to 26,392 units; BMW Motorrad +4.3% to 9,211 units.
    • BMW YTD sales +7.1% to 1,836,464 units.
    | Nov. 11, 2015, 7:21 AM | 4 Comments
  • Nov. 10, 2015, 8:27 AM
    • Volkswagen (OTCQX:VLKAY) is the only automaker found by the California Air Resources Board to have used a cheat device, according to German publication Wirtschaftswoche.
    • The determination is positive for Daimler (OTCPK:DDAIF) and BMW (OTCPK:BAMXY) which were rolled under the VW bus when the scandal first broke.
    • German article
    | Nov. 10, 2015, 8:27 AM | 1 Comment
  • Nov. 9, 2015, 7:10 AM
    • BMW (OTCPK:BAMXY) names Olaf Kastner to be the top executive of its operations in China. He will replace Karsten Engel.
    • Kastner previously served as the head of the BMW Brilliance joint venture.
    • Automakers are resetting strategy in China with industry growth rates below expectations this year.
    | Nov. 9, 2015, 7:10 AM | 1 Comment
  • Nov. 3, 2015, 12:50 PM
    • BMW (OTCPK:BAMXY) unit sales -6.6% to 33,526 units.
    • Sales growth by brand: BMW -3.8% to 29,439; Mini -23% to 4,087 units.
    • BMW passenger car sales fell off 17% to 21,067 units.
    • The BMW X3 and X5 were volume growth leaders during the month.
    • YTD BMW sales +5.4% to 328,456 units.
    | Nov. 3, 2015, 12:50 PM
Company Description
Industry: Trucks & Other Vehicles
Country: Germany