After saying that “China is the place to be” last month, the BMW boss discussed the European Union’s proposed tariffs on EVs imported from China. Speaking with German business newspaper Automobilwoche, CEO Oliver Zipse was…
Although demand for electric vehicles is slowing down, the BMW Group isn’t experiencing this cooldown just yet. Through March 31, 2024, the three automotive brands part of the German conglomerate delivered 82,689 EVs. It’s an…
BMW set a global sales record in 2023 when China was by far its largest individual market. A whopping 826,300 cars were delivered last year, and that wasn’t even the highest number ever. In 2021,…
China represents a huge business for BMW since 32 percent of sales last year were registered in the People’s Republic. It was the company’s largest single market with customer deliveries reaching 824,832 units, including the…
In a recent lecture at the Rhine-Main Economic Initiative in Frankfurt, BMW boss Oliver Zipse made a statement that echoed throughout the automotive industry: “We don’t want to write off the combustion engine.” This declaration…
Through the first nine months of the year, the BMW core brand delivered a total of 1,621,267 cars, representing a significant jump of 5.7% compared to January-September 2022. With demand increasing, the company’s recently reelected…
The Tokyo Mobility Show – formerly the Tokyo Auto Show – is always an interesting time. This year, we saw several interesting new EVs and hybrid vehicles. Honda has even reanimated the Prelude nameplate. But…
Recently reelected at the helm of BMW until 2026, Oliver Zipse was asked by CNBC whether there will be any changes in its operations in China. The inquiry came in the context of the European…
Last week, the German business newspaper Handelsblatt wrote about a decision taken by the higher-ups in Munich to keep Oliver Zipse as CEO until 2026. It’s now official as a press release issued today confirms…
German business newspaper Handelsblatt has it on good authority that Oliver Zipse will have his contract as BMW CEO extended as early as next week during a supervisory board meeting. When contacted by the reputable…
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