Trends - BMW - Business Recorder

BMW

BMW to integrate DeepSeek AI in its new vehicles in China later this year

SHANGHAI: German automaker BMW plans to start integrating artificial intelligence from Chinese startup DeepSeek in...

Published 23 Apr, 2025 07:52am

World

India says quashing Volkswagen’s $1.4 billion tax bill would be ‘catastrophic’

NEW DELHI: India’s government has told a court in Mumbai that agreeing to Volkswagen’s demand to quash a $1.4...

Published 23 Mar, 2025 01:00pm

Business & Finance

BMW to integrate Huawei smart-connect system into its China-made cars in 2026

BEIJING: BMW Group will integrate Huawei HiCar, the Chinese tech conglomerate’s car mobile app connecting devices...

Published 17 Mar, 2025 01:10pm

Business & Finance

BMW foresees earnings hit as Europe counts the early cost of tariffs

FRANKFURT: German carmaker BMW said on Friday it expected tariffs to cost it 1 billion euros this year, while...

Published 14 Mar, 2025 04:51pm

World

Tesla warns it could face retaliatory tariffs

WASHINGTON: US automaker Tesla has warned that it and other major American exporters are exposed to retaliatory...

Published 14 Mar, 2025 10:18am

Business & Finance

VW may avoid 25% Trump tariff, but BMW and others face trade levy

DETROIT: Volkswagen said on Thursday that its vehicles made in North America will likely avoid being subject to the...

Published 07 Mar, 2025 11:55am

World

Tesla, BMW take EU to court over China EV tariffs

BRUSSELS: Elon Musk’s Tesla and German auto giant BMW have challenged EU import tariffs on China-made electric...

Published 28 Jan, 2025 06:45am

Technology

China’s Nio says new Firefly EV to go on sale in Europe in H1 2025

BEIJING: China’s Nio on Sunday said it would launch its new Firefly electric vehicle brand in Europe early in the...

Published 22 Dec, 2024 10:38am

Business & Finance

In high-wage Germany, VW’s labour costs outstrip the competition

BERLIN/FRANKFURT: As Volkswagen and unions gear up for the next round of talks over wages and plant closures in...

Published 20 Nov, 2024 11:53am

World

Industrial slump leaves Germany on brink of recession

FRANKFURT: German output likely contracted again in the third quarter as an industrial slump drags on, official data...

Published 30 Oct, 2024 12:06pm

Business & Finance

China woes cut BMW’s auto profit margin in Q2

BERLIN: BMW on Thursday reported a lower-than-expected profit margin in its core automotive segment during the...

Published 01 Aug, 2024 11:34am

World

Banned Chinese supplier: US Senate panel expands probe into BMW use of parts

WASHINGTON: The chair of the Senate Finance Committee said on Monday he was expanding its probe into German...

Published 11 Jun, 2024 03:17am

Markets

STOXX 600 ends at record high; BBVA weighs on Spain

PARIS: Europe’s benchmark index inched up to close at a record high on Thursday, driven by a jump in industrial...

Published 10 May, 2024 04:17am

Business & Finance

BMW to invest further $2.76bn in key market China

BEIJING: BMW said on Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang...

Published 27 Apr, 2024 05:03am

Business & Finance

Higher sales boost BMW earnings in 2023

FRANKFURT: German luxury carmaker BMW said Thursday it had met its 2023 targets after pre-tax profits were boosted ...

Published 22 Mar, 2024 04:57am

Business & Finance

BMW sees steady 2024 automotive margin as R&D, capex peak

BMW sees its 2024 automotive margin in line with last year as the German premium carmaker expects research and...

Published 21 Mar, 2024 01:26pm

Technology

Tesla, rivals get low marks for automated-driving technology

DETROIT: Tesla’s Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by...

Published 12 Mar, 2024 10:30am

Business & Finance

No impact to production from attacks in Red Sea: BMW

BERLIN: BMW said on Friday their supply chain was not affected by the attacks on merchant vessels in the Red Sea,...

Published 12 Jan, 2024 01:47pm

Business & Finance

BMW sales up 10.3% in Q4

BERLIN: BMW’s fourth-quarter group sales rose 10.3% on the year to 718,778 vehicles, the carmaker said on Tuesday....

Published 09 Jan, 2024 01:05pm

Business & Finance

BMW boosts earnings with higher-priced and electric cars

BERLIN: BMW reported a higher third-quarter margin in its core cars business on Friday, striking a more optimistic...

Published 03 Nov, 2023 01:52pm

Business & Finance

Tesla, suppliers to invest $15bn in Mexico factory

MEXICO CITY: A state governor in Mexico said on Monday that Tesla and its suppliers would invest $15 billion over...

Published 12 Sep, 2023 09:52am

Business & Finance

BMW to make ‘multi-million’ pound investment in UK plants: govt

LONDON: German car giant BMW is to make a multi-million pound investment in its Mini plants in the UK, the...

Published 11 Sep, 2023 11:54am

Sports

Scheffler and Fitzpatrick share lead at BMW Championship

OLYMPIA FIELDS: Top-ranked Scottie Scheffler and 2022 US Open champion Matthew Fitzpatrick each reeled off three...

Published 20 Aug, 2023 12:19pm

Business & Finance

BMW forecasts growth in Europe, warns supply chain issues remain

BERLIN: BMW on Thursday forecast growth in the European automotive market, robust sales in the United States and...

Published 03 Aug, 2023 12:17pm

Business & Finance

BMW raises 2023 outlook on strong orders

FRANKFURT: German automaker BMW on Tuesday lifted its 2023 earnings forecast on the back of higher orders and “an...

Published 01 Aug, 2023 01:41pm

Technology

Global automakers scramble to reset China strategies as sales slow

SHANGHAI: For foreign automakers in China, it is time to double down on a turnaround or cut losses after ceding...

Published 28 Jul, 2023 11:09am

Business & Finance

BMW cars business gets earnings boost from price hikes

BERLIN: BMW reported a higher earnings margin for its cars segment on Thursday, with a rise to 12.1% in the first...

Published 04 May, 2023 12:59pm

Business & Finance

BMW expects slight growth in China sales this year

SHANGHAI: BMW expects slight growth in sales for its Chinese market this year, Chairman Oliver Zipse said at the...

Published 18 Apr, 2023 11:57am

Business & Finance

BMW promises stable prices, sees 8-10% auto margin in 2023

BERLIN: BMW forecast on Wednesday an 8-10% margin for its autos segment in 2023 and said it plans to keep prices at...

Published 15 Mar, 2023 02:33pm

Business & Finance

BMW earnings lag some estimates, names new finance chief

BERLIN: BMW reported a 12% rise in fourth-quarter earnings on Thursday that lagged some analysts’ expectations,...

Published 13 Mar, 2023 06:15am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	281.08
USD PKR Interbank Buying / Apr 29	280.83
USD to Japanese Yen / Apr 29	142.40
USD to Swiss Franc / Apr 29	0.82
Pound Sterling to USD / Apr 29	1.34
Euro to USD / Apr 29	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 28	5,528.75
Tokyo Nikkei / Apr 28	35,839.99
Nasdaq / Apr 28	17,366.13
Dow Jones / Apr 28	40,227.59
India Sensex / Apr 29	80,307.05
Hang Seng / Apr 29	21,960.83
FTSE 100 / Apr 29	8,417.19
Germany DAX 30 / Apr 29	22,386.66
France CAC40 / Apr 29	7,578.21

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 28	16,985
Gold 10 Grams PKR / Apr 28	297,582
Crude Oil USD/Barrel / Apr 29	61.34
Gold Spot USD/Ounce / Apr 29	3,315.07
Cotton US¢/pound / Apr 29	67.50
Petrol/Litre / Apr 30	254.63
Diesel/Litre / Apr 30	258.64

Gainers
Losers
Leaders

Stock	Price
Tri-Star Mutual / Apr 29 Tri-Star Mutual Fund Limited(TSMF)	9.40 ▲ 0.9 (10.59%)
Apna Microfin. / Apr 29 Apna Microfinance Bank Limited(AMBL)	10.29 ▲ 0.97 (10.41%)
EMCO Industries / Apr 29 Emco Industries Limited(EMCO)	42.20 ▲ 3.84 (10.01%)
Askari Bank / Apr 29 Askari Bank Limited(AKBL)	37.26 ▲ 3.39 (10.01%)
Punjab Oil / Apr 29 Punjab Oil Mills Limited(POML)	162.43 ▲ 14.77 (10%)
Sunrays Textile / Apr 29 Sunrays Textile Mills Limited(SUTM)	189.22 ▲ 17.2 (10%)
Jubilee Spinning / Apr 29 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	11.55 ▲ 1.05 (10%)
PIA Holding Co.B / Apr 29 PIA Holding Company Limited B(PIAHCLB)	3,969.39 ▲ 360.85 (10%)
Shakarganj / Apr 29 Shakarganj Limited(SML)	47.94 ▲ 4.36 (10%)
Faran Sugar / Apr 29 Faran Sugar Mills Limited(FRSM)	47.08 ▲ 4.28 (10%)

Stock	Price
First Capital Equities / Apr 29 First Capital Equities Limited(FCEL)	4.25 ▼ -0.67 (-13.62%)
Dewan Textile / Apr 29 Dewan Textile Mills Limited(DWTM)	5.71 ▼ -0.8 (-12.29%)
Dewan Mushtaq / Apr 29 Dewan Mushtaq Textile Mills Limited(DMTM)	7.02 ▼ -0.98 (-12.25%)
Gulistan Sp. / Apr 29 Gulistan Spinning Mills Limited(GUSM)	6.88 ▼ -0.91 (-11.68%)
Lalpir Power / Apr 29 Lalpir Power Limited(LPL)	23.04 ▼ -2.54 (-9.93%)
First Elite Cap.Mod / Apr 29 First Elite Capital Modaraba(FECM)	11.53 ▼ -1.24 (-9.71%)
Liven Pharma / Apr 29 Liven Pharma Limited(LIVEN)	63 ▼ -6.64 (-9.53%)
First IBL Mod. / Apr 29 First IBL Modaraba(FIBLM)	2.76 ▼ -0.29 (-9.51%)
At-Tahur Ltd. / Apr 29 At-Tahur Limited(PREMA)	70.98 ▼ -7.09 (-9.08%)
J.K.Spinning / Apr 29 J.K. Spinning Mills Limited(JKSM)	56.31 ▼ -5.59 (-9.03%)

Stock	Volume
WorldCall Telecom / Apr 29 Worldcall Telecom Limited(WTL)	29,469,482 ▲ 0
Cnergyico PK / Apr 29 Cnergyico PK Limited(CNERGY)	14,819,788 ▲ 0.27
At-Tahur Ltd. / Apr 29 At-Tahur Limited(PREMA)	14,772,321 ▼ -7.09
Maple Leaf Cement / Apr 29 Maple Leaf Cement Factory Limited(MLCF)	13,415,249 ▲ 2.45
Kohinoor Spining / Apr 29 Kohinoor Spinning Mills Limited(KOSM)	12,527,631 ▲ 0
Sui North Gas / Apr 29 Sui Northern Gas Pipelines Limited(SNGP)	12,310,485 ▲ 7.54
Sui South Gas / Apr 29 Sui Southern Gas Company Limited(SSGC)	12,184,577 ▲ 1.61
K-Electric Ltd. / Apr 29 K-Electric Limited(KEL)	12,084,167 ▲ 0.03
Big Bird Foods / Apr 29 Big Bird Foods Limited(BBFL)	11,230,070 ▲ 4.15
B.O.Punjab / Apr 29 The Bank of Punjab(BOP)	11,053,553 ▲ 0.18

Markets →

Budget 2024-25: income tax calculator for FY25

BMW

Most Popular