Thursday Mar 13
The Washington Post
BMW Posts Surprise Fourth-Quarter Profit Gain on 3-Series Demand
Bayerische Motoren Werke AG, the world's biggest maker of luxury autos, reported a surprise gain in fourth-quarter profit boosted by stronger demand for the 3- Series sedan and wagon.
German Factory Orders Rebound in Sign Economic Growth Picking Up
Employees secure back wheels to BMW R 1200 GS motorbikes on the assembly line at the Bayerische Motoren Werke AG factory in Berlin.
BMW Targets 2 Million Deliveries in 2014 on China Growth
Bayerische Motoren Werke AG , the world's biggest maker of luxury autos, plans to sell more than 2 million cars and sport-utility vehicles this year as demand grows in China and the U.S. Two-month group deliveries, including the Mini and Rolls-Royce brands, rose about 6.5 percent, propelled by a 9 percent jump at the BMW nameplate, Chief Executive ... (more)
Mercedes Stokes U.S. Lead as New Models Fuel February Record
Mercedes beat Bayerische Motoren Werke AG's BMW, which reported a 3.3 percent February gain to 22,017, for the second month this year and now holds a 4,943-vehicle lead.
BMW Plans to Double Engine-Production Capacity in China
BMW and its joint-venture partner Brilliance China Automotive Holdings Ltd. plan to make as many as 400,000 engines a year at a new facility in Shenyang, the Munich-based carmaker said in a statement to Bloomberg News in response to questions.
Daimler CEO Zetsche's pay increased after record vehicle deliveries
Daimler AG increased Chief Executive Officer Dieter Zetsche's pay 1.2 percent after the third-biggest maker of luxury cars reduced the sales gap to larger competitors last year with record deliveries.
The Washington Post
BMW to Raise Carbon Fiber Production Capacity at Plant With SGL
Bayerische Motoren Werke AG, the world's largest luxury-car maker, is building a second production hall at a factory jointly run with SGL Carbon SE to prepare for rising demand for carbon fiber.