BMW probe into cartel allegations needs more time, Krueger saysNov. 7
BMW has hired a law firm to help with an internal investigation of an alleged cartel among German carmakers and needs more time before any conclusions can be reached, CEO Harald Krueger said.
BMW's Krueger sticks to profit-margin target even with EV pushSept. 12
BMW Group CEO Harald Krueger says the company plans to stick to a goal for an 8 to 10 percent return on sales at its automotive division, even with the arrival of less profitable electric cars.
BMW plans to offer 12 full-electric cars by 2025Sept. 7
BMW will offer 12 full-electric vehicles by 2025, including a low-slung sedan to be unveiled at the Frankfurt auto show next week, as the automaker accelerates the rollout of battery-powered vehicles. CEO Harald Krueger said the EVs will have a range of up to 435 miles.
BMW X3: It better be top seller — or elseJuly 3
BMW CEO Harald Krueger has high expectations for the redesigned BMW X3 that goes on sale in November. It's segment leadership or else for the U.S. leadership team.
BMW aims to be electrification, connectivity leaderMay 20
BMW will focus on leadership in electric drivetrains and connectivity rather than solely increasing global vehicle sales, the company's CEO says.
BMW to revive 8 series in upmarket strategy pushMay 11
BMW will launch an 8 series in 2018, reviving its upmarket coupe line as part of a broader strategic shift to focus on higher-margin sports cars.
BMW to raise global production capacity 27% by 2020, report saysMay 9
BMW plans to raise its annual production capacity by about 27 percent to 3 million vehicles by 2020 and plans to build its X5 offroader in China, German daily Handelsblatt reported.
BMW uses fear factor to rally staff in move to EVsApril 26
BMW has started putting staff through day-long events in Germany intended to warn them of the perils of not taking the electric-car revolution seriously. The message is that BMW must adapt, but the subtext is a recognition that the company has gone from leader to laggard in the technology.
BMW chases volume growth in large cars, less so in small onesMarch 22
BMW is chasing volume growth mainly in the large car and SUV segments, while the less profitable small car segment is not being pushed as hard, CEO Harald Krueger said.
BMW fights back against Mercedes with biggest model launch to dateMarch 21
BMW plans the biggest rollout of new and revamped models in its history as the automaker fights back after losing the luxury sales crown to Mercedes. Over the next two years, BMW will unveil 40 variants as CEO Harald Krueger seeks to revitalize growth after profitability fell to a six-year low in 2016.
BMW says big industry investments may spur consolidationMarch 7
BMW CEO Harald Krueger said the big investments needed for next-generation drivetrains and digital business models were likely to spur further industry consolidation.
BMW champions profit over wow factor as product lull persistsMarch 7
BMW product on display at the Geneva auto show this week include a wagon version of the long-running 5 series and the 4-series coupe with an upgraded interior -- hardly the stuff to make a car lover swoon. This is in stark contrast to the flashy models on show from its rivals.