Norbert Reithofer

BMW is one big, happy family as squabbles damage rival Volkswagen

May 14, 2015 11:17 CET

The normally secretive Quandt family, which controls a majority stake in BMW, praised the company's seamless appointment of CEO Harald Krueger as rival VW Group inspects the damage from a bitter leadership crisis....
Read More »

BMW's new CEO starts in shadow of predecessor's shift to chairman

May 13, 2015 10:50 CET

The first test facing Harald Krueger, BMW Group's new CEO, will be to emerge from the shadows of his predecessor, Norbert Reithofer, who will be watching over his shoulder as the new chairman....
Read More »

Reithofer's board role at BMW backed by fund firm

May 12, 2015 12:36 CET

UK fund firm Hermes Investment Management said it supported the election of BMW CEO Norbert Reithofer to the automaker's supervisory board. The proposal has drawn criticism for the lack of a cooling off period after Harald Krueger, the automaker's production chief, succeeds Reithofer as CEO....
Read More »

BMW faces opposition to CEO Reithofer's elevation to supervisory board, report says

May 10, 2015 10:56 CET

BMW faces opposition at its upcoming annual shareholders meeting to the appointment of outgoing CEO Norbert Reithofer as its supervisory board chairman, a German newspaper reported....
Read More »

CHRISTIAAN HETZNER

BLOG: BMW's days of easy money in China are over

6:30 am U.S. ET | May 8, 2015

BMW executives are bracing the market for a profit-eroding performance in China as the automaker is weighed down by rising investment costs and an aging product lineup....
Read More »

BMW's expansion in N. America will counter cooling China

March 21, 2015 06:01 CET

BMW's decision to add a car plant in Mexico was motivated by a desire to reduce its reliance on the cooling Chinese market, CEO Norbert Reithofer said. BMW plans to build up to 150,000 cars a year at a new factory in Mexico starting in 2019....
Read More »

LUCA CIFERRI

BLOG: China and cutting CO2 tough tasks for incoming BMW CEO Krueger

7:15 am U.S. ET | March 19, 2015

BMW CEO Norbert Reithofer sees China and CO2 emissions as the biggest challenges facing incoming chief Harald Krueger when he takes over the top job from Reithofer on May 15....
Read More »

BMW CEO signals core brand may lose luxury lead

March 18, 2015 14:14 CET

BMW may surrender its position as the No. 1 global premium brand by unit sales to rival Audi, although it will retain the title if sales of Mini are included, CEO Norbert Reithofer said. A push by competitors such as Audi into areas of subcompact cars, a segment where BMW does not offer a vehicle, is making it harder to retain the title, Reithofer said....
Read More »

BMW's sales crown scrutinized as profits shrink, rivals catch up

March 17, 2015 15:58 CET

BMW's record car sales have meant big profits that have funded incentives and investment in new technologies. But competitors are catching up and profits are shrinking. Some industry observers are wondering if the "sales grow, profits look after themselves" formula still works....
Read More »

BMW names ex-Mini plant boss next production chief

March 12, 2015 14:15 CET

BMW Group has promoted manufacturing expert Oliver Zipse to succeed incoming CEO Harald Krueger as head of production. Zipse has held senior posts in product strategy and technical planning and previously served as head of Mini's UK plant....
Read More »

BMW profit rises 14% on X5, 2-series demand

March 12, 2015 13:08 CET

BMW said profit increased 14 percent to 9.12 billion euros ($9.66 billion) last year as the X5 SUV and 2-series Active Tourer compact minivan helped drive record sales. The automaker's profit margin widened to 9.6 percent of revenue from 9.4 percent in 2013....
Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW, VW changes shake up Germany's top auto ranks

March 11, 2015 06:01 CET

When Harald Krueger becomes CEO at BMW Group and Herbert Diess takes over as boss of the VW brand this year, four of the six heads of Germany's biggest automotive brands will be in their early or mid-50s, marking a generational shift for the industry....
Read More »

BMW CEO Reithofer sees challenges mounting for his successor

March 4, 2015 21:46 CET

The new boss of BMW Group, Harald Krueger, will have to cope with the rise of electric cars, automated driving and new competitors, as well as the traditional uncertainties over consumer demand and fuel prices, the company's outgoing CEO, Norbert Reithofer, said....
Read More »

Auto bosses say billions in savings at stake if EU-U.S. trade deal fails

Jan. 28, 2015 19:41 CET

The CEOs of Germany's top auto companies said Wednesday that they could save roughly 5 billion euros in annual costs if the European and U.S. governments can agree on a landmark free trade deal....
Read More »

BMW's designated CEO Krueger will usher in new era at automaker

Dec. 10, 2014 10:58 CET

BMW's designated CEO Harald Krueger is seen as an executive who commands respect among colleagues as a "straight shooter, a good motivator and a good speaker," according to one analyst, and by another as likely to start "a new era" at the automaker.....
Read More »

BMW names Krueger next CEO, Reithofer new chairman

Dec. 9, 2014 10:33 CET

BMW CEO Norbert Reithofer will step down in May, one year early, and hand over his post to production chief Harald Krueger. Reithofer will succeed Joachim Milberg as chairman of the company's supervisory board....
Read More »

LUCA CIFERRI

BLOG: BMW's manufacturing arm also produces future leaders

6:44 am U.S. ET | Dec. 9, 2014

BMW's manufacturing arm not only builds great cars -- it also produces the company's future leaders, as the appointment of Harald Krueger to succeed CEO Norbert Reithofer shows....
Read More »

LUCA CIFERRI

BLOG: BMW's manufacturing arm also produces future leaders

6:44 am U.S. ET | Dec. 9, 2014

BMW's manufacturing arm not only builds great cars -- it also produces the company's future leaders, as the appointment of Harald Krueger to succeed CEO Norbert Reithofer shows....
Read More »

BMW CEO to join Siemens supervisory board, report says

Nov. 20, 2014 15:46 CET

BMW CEO Norbert Reithofer will be nominated to join the supervisory board of German engineering company Siemens, German monthly Manager Magazin said, without citing sources....
Read More »

LUCA CIFERRI

BLOG: Reithofer's vision made U.S. plant into a global giant

12:01 am U.S. ET | Oct. 11, 2014

BMW CEO Nortbert Reithofer has transformed the automaker's U.S. factory into one of the world's largest SUV production hubs....
Read More »

 
Newsletters & Alerts
  • Sample
  • Sample
  • Sample
  • Sample
Most Read