Bayerische Motoren Werke AG ADR (BMWYY) - OTCPK - Current
  • Oct. 31, 2015, 12:51 PM
    | Oct. 31, 2015, 12:51 PM | 290 Comments
  • Oct. 29, 2015, 10:03 PM
    • BMW (OTCPK:BAMXY) says it will introduce the 740Li sedan sometime after 2020 after compressed hydrogen technology is worked out. The top fuel cell exec at the German automaker says the driving range of the hydrogen-powered car will top the 435 mile range of the Toyota Mirai.
    • Honda (NYSE:HMC) is receiving high marks after giving a sneak peek at the Clarity fuel cell sedan. Car and Driver and Wired both issued positive reviews after brief looks at the car. The automaker will roll out the Clarity FCV next year in select markets in Japan.
    • Nissan (OTCPK:NSANY) showed off the futuristic IDS Concept EV which will incorporate advanced autonomous driving features. The preview was one of the most detailed looks at how a self-driving mode could be used in the industry. Nissan also made it clear that it's setting a very high target on driving range.
    • Toyota (NYSE:TM) weighed in on the sustainable future of hydrogen. The company says the FCV Plus will be able to generate electricity from hydrogen stored outside the vehicle.
    • Though the buzz on hydrogen was positive out of Tokyo, questions on infrastructure and costs still need to be worked out.
    • Details on the Tokyo Motor Show
    | Oct. 29, 2015, 10:03 PM | 10 Comments
  • Oct. 26, 2015, 12:26 PM
    • A reading of the business climate in Germany came in ahead of the forecast of economists.
    • The Ifo economic business climate index for October was 108.2 vs. 107.8 expected and 108.5 in September.
    • The stable view by German business managers indicates the impact of the Volkswagen emissions scandal on the broad German economy may be less than feared.
    • Ifo Institute: "Indeed the Volkswagen scandal has had no impact on the German automotive industry. The climate index for the automotive sector even continued to rise this month."
    • Related ETFs: EWG, GF, DAX, DXGE, HEWG, DBGR, FGM, QDEU.
    • Related stocks: OTCQX:VLKAY, OTCPK:BAMXY, OTCPK:DDAIF.
    | Oct. 26, 2015, 12:26 PM | 1 Comment
  • Oct. 26, 2015, 7:04 AM
    • BMW (OTCPK:BAMXY) is racing ahead with development on a new plant in Mexico.
    • The $1B facility located in San Luis Potosi is expected to have annual production capacity of 150K vehicles by 2019.
    • The automaker hasn't released details on which model will be made at the plant.
    | Oct. 26, 2015, 7:04 AM
  • Oct. 21, 2015, 10:20 AM
    • Automobile stocks are largely higher after General Motors (NYSE:GM) reports record profit for Q3.
    • GM is leading the pack with a 4% gain - while Daimler (OTCPK:DDAIF +2.6%), Honda (HMC +2.5%), Toyota (TM +1.7%), Nissan (OTCPK:NSANY +1.6%), Ford (F +0.9%), and BMW (OTCPK:BAMXY +1%) are all ahead of market indexes. Even Volkswagen (OTCQX:VLKAY) is clawing itself back with a 2.1% increase.
    • The two laggards are Fiat Chrysler Automobiles FCAU which is down 2.9% and Tesla Motors (TSLA -0.8%). Fiat was hit with a negative EU tax ruling and has the Ferrari (NYSE:RACE) IPO stealing some of its thunder, while Tesla Motors is still stinging from a Consumer Reports jab yesterday.
    | Oct. 21, 2015, 10:20 AM | 22 Comments
  • Oct. 16, 2015, 7:48 AM
    • BMW (OTCPK:BAMXY) car registrations +17.1% to 103,642 units in September, according to the European Automobile Manufacturers Association.
    • Overall EU registrations +9.8% Y/Y to 1,394,223 units in September led by double-digit demand growth in France, the UK, and Italy.
    • BMW market share: 7.4% vs. 7.0% a year ago.
    • BMW YTD registrations +12.3%.
    • Results include the BMW and Mini brands.
    • EAMA release (.pdf)
    | Oct. 16, 2015, 7:48 AM | 1 Comment
  • Oct. 13, 2015, 7:25 AM
    | Oct. 13, 2015, 7:25 AM | 3 Comments
  • Oct. 12, 2015, 7:06 AM
    • BMW (OTCPK:BAMXY) reports global deliveries rose 7.8% to 215,413 units in September.
    • The automaker recorded a 10.3% gain in deliveries in Europe, while growth in China fell to +2% for BMW/Mini.
    • The all-electric i3 broke over 3K units delivered for September.
    • Growth by brand: BMW +7.7% to 180,475 units; Mini +8.6% to 34,600 units; Rolls-Royce -1.7% to 338 units; BMW Motorrad +11.0% to 11,088 units.
    • BMW YTD sales +7.5% to 1,644,810 units.
    | Oct. 12, 2015, 7:06 AM
  • Oct. 7, 2015, 4:22 PM
    • France will phase out tax breaks on diesel vehicles as a consequence of the Volkswagen (OTCQX:VLKAY) emissions scandal.  The adjustment on diesel and gas taxes will begin with the 2016 budget.
    • Health and pollution concerns were already chipping away at diesel's reputation before the Volkswagen revelation.
    • LMC Automotive estimates the percentage of diesel cars sold in Europe will fall to 35% by 2022 after being 53% last year.
    • German automakers (OTCPK:DDAIF, OTCPK:BAMXY, OTCQX:VLKAY) and French automakers (OTCPK:PEUGF, OTC:PUGOF, OTC:RNSDF, OTCPK:RNLSY) may have to adjust strategy to account for the decline of diesel.
    | Oct. 7, 2015, 4:22 PM | 2 Comments
  • Oct. 1, 2015, 1:50 PM
    • BMW (OTCPK:BAMXY) unit sales +4.1% to 31,022 units.
    • Sales growth by brand: BMW +4.0% to 26,608; Mini +4.6% to 4,414 units.
    • BMW passenger car sales increased 6.6% to 20,242 units, with the Series 5 a star performer.
    • YTD BMW sales +6.9% to 294,930 units.
    | Oct. 1, 2015, 1:50 PM
  • Sep. 28, 2015, 9:56 AM
    | Sep. 28, 2015, 9:56 AM
  • Sep. 24, 2015, 3:11 PM
    • A German publication has clarified a story from earlier today indicating high levels of emissions where detected from testing of a BMW (OTCPK:BAMXY) vehicle.
    • Auto Bild says there are no indications of tampering by the automaker, despite the high emissions reading.
    • Shares of BMW were rocked today in Frankfurt, closing down 5.2% after being down over 10%.
    • Auto Bild article (in German)
    | Sep. 24, 2015, 3:11 PM
  • Sep. 24, 2015, 4:53 AM
    • A report this morning in Auto Bild says BMW's X3 exceeds ICCT nitrogen oxide levels by more than 11 times.
    • On the other hand, ICCT CEO Peter Mock told Spiegel yesterday that BMW's X5 achieved "good results," leading SA author Jonathan Weber to recommend buying BMW shares which are down 10% since the VW scandal broke.
    • BMW -2.8% in Paris this morning.
    | Sep. 24, 2015, 4:53 AM | 2 Comments
  • Sep. 22, 2015, 11:03 AM
    • There's some anxiety with investors over Tata Motors (TTM -6.7%) and Fiat Chrysler Automobiles (FCAU -5.7%) after the Volkswagen emissions scandal.
    • Though neither company is accused of using "defeat devices" like VW to beat emissions testing, calls have increased in Europe for a broader probe into the industry.
    • Daimler (OTCPK:DDAIF) and BMW (OTCPK:BAMXY) fell 7.1% and 5.5%, respectively, in European trading.
    • Ford (F -3.6%), Toyota (TM -2.6%), Honda (HMC -2.5%), and General Motors (GM -2.5%) are also lower than broad market averages with global growth concerns adding significantly to the regulatory firestorm.
    • Previously: Volkswagen -35% in two-day drubbing after cheating scandal (Sep. 22 2015)
    • Previously: Volkswagen scandal weighs down auto parts sector (Sep. 22 2015)
    | Sep. 22, 2015, 11:03 AM | 58 Comments
  • Sep. 21, 2015, 7:28 AM
    • The accusations over Volkswagen deliberately hiding software in diesel cars to defeat emissions testing continues to rock the industry.
    • Evercore ISI drew the comparison of a back-street garage looking to get a used car through a vehicle inspection through a dirty move. Other investment firms agree that CEO Martin Winterkorn is a likely casualty from the scandal.
    • While major complications for Volkswagen are unavoidable, there could also be a broad impact on the push to increase the sale of diesel models in the U.S. General Motors (NYSE:GM), Ford (NYSE:F), BMW (OTCPK:BAMXY), and Mercedes-Benz (OTCPK:DDAIF) are active in the U.S. diesel market.
    • Shares of Volkswagen (OTCQX:VLKAY) are down over 20% today in Frankfurt trading.
    • Previously: The EPA accuses Volkswagen of Clean Air Act violations (Sep. 18 2015)
    • Previously: Volkswagen orders probe into EPA emissions violations (Sep. 20 2015)
    | Sep. 21, 2015, 7:28 AM | 40 Comments
  • Sep. 18, 2015, 12:26 PM
    | Sep. 18, 2015, 12:26 PM | 307 Comments
Company Description
Industry: Trucks & Other Vehicles
Country: Germany