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BMW stock drops 8.5% in Europe after 2025 earnings outlook downgrade
BMW stock collapsed by 8.5% on Wednesday in Europe’s market close after the Munich-based automaker slashed its 2025 earnings outlook, according to data from Google Finance. The company said delays in ...
1 min

Qualcomm, BMW launches Snapdragon Ride Pilot on the new iX3, with plans to license the driver-assist tech widely
Qualcomm’s driverless tech, co-developed with BMW, is likely to draw licensing interests from various other automakers. Chief Executive Cristiano Amon told CNBC the rollout will show how the system be...
1 min

Luxury rivals BMW and Mercedes target Tesla and BYD with new electric SUVs
BMW and Mercedes are done watching Tesla play king. The two biggest luxury brands from Europe have just thrown down the gauntlet with all-electric SUVs meant to take back the market. After Tesla’s Mod...
1 min