Trends - BMW - Business Recorder

BMW

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

Business & Finance

Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

The world’s top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and produce millions...

Published 21 Oct, 2022 11:49am

Business & Finance

BMW Group sales drop slightly in Q3

BERLIN: BMW sold nearly as many cars in the third quarter as it did in the same period a year before, after the war...

Published 10 Oct, 2022 01:05pm

Business & Finance

BMW expects slight growth in 2023, cuts Germany gas intake by 15%

BERLIN: BMW expects to reach the higher end of its 7-9% margin target for the cars business and sees slight sales...

Published 26 Sep, 2022 07:17pm

Business & Finance

BMW bets on cylindrical battery cells for new class of EVs from 2025

BERLIN: BMW will power its new class of electric vehicles to be released in 2025 with cylindrical battery cells made...

Published 09 Sep, 2022 03:29pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 21	278.50
USD PKR Interbank Buying / May 21	278.30
USD to Japanese Yen / May 21	156.44
USD to Swiss Franc / May 21	0.91
Pound Sterling to USD / May 21	1.27
Euro to USD / May 21	1.09

Stock	Volume
S&P 500 / May 20	5308.13
Nasdaq / May 20	16794.88
Dow Jones / May 20	39806.77
India Sensex / May 21	73830.29
Tokyo Nikkei / May 21	39037.68
Hang Seng / May 21	19234.33
FTSE 100 / May 21	8383.95
Germany DAX 30 / May 21	18702.87

Item	Value
Gold 10 Grams PKR / May 20	214678
Petrol/Litre / May 21	273.10
Crude Oil USD/Barrel / May 21	79.32
Karachi Cotton PKR/37.32 KG / May 21	19935
Gold Spot USD/Ounce / May 21	2414
Diesel/Litre / May 21	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 21 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 21 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 21 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 21 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 21 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 21 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 21 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 21 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 21 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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