Trends - BMW - Business Recorder

BMW

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

Business & Finance

VW joins e-car price war as global rivalry heats up

FRANKFURT: German giant Volkswagen is set to follow Tesla’s lead with a high-profile price drop as the battle for...

Published 12 Mar, 2023 11:20am

Business & Finance

BMW profits soar in 2022 despite supply chain woes

FRANKFURT: German automaker BMW reported a sharp increase in annual profits for 2022, as higher prices for luxury...

Published 09 Mar, 2023 06:29pm

Business & Finance

BMW evaluates more EVs for India amid growing demand

BENGALURU: BMW is evaluating the launch of more battery electric vehicles (EVs) in India, amid growing demand from...

Published 31 Jan, 2023 08:51pm

Business & Finance

Dewan Motors displays ‘BMW’s first-ever electric premium Sedan i7’

KARACHI: Dewan Motors (Pvt) Limited has showcased BMW’s first-ever electric premium Sedan i7 in Karachi. Dewan...

Published 19 Jan, 2023 05:58am

Technology

Who’s next? Chinese EVs drive Stellantis’ Jeep off the road

LONDON/MILAN: The bankruptcy of Stellantis’ Jeep joint venture in China could spell trouble for other global...

Published 28 Nov, 2022 02:17pm

Business & Finance

BMW sees profits jump on higher prices for luxury cars

FRANKFURT: German automaker BMW reported Thursday a 23-percent increase in third-quarter profit thanks to robust...

Published 07 Nov, 2022 07:08am

Markets

BMW sees pressure in Europe as inflation hits buyers

BERLIN: BMW expects strong sales growth in the fourth quarter, but warned rising inflation and interest rates would...

Published 03 Nov, 2022 03:40pm

Business & Finance

Renault-backed Beyonca EV venture touts health monitoring, targets Audi in China

BEIJING: Beyonca, a start-up founded by a group of former Volkswagen executives, plans to take on the likes of Audi...

Published 31 Oct, 2022 06:43am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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