BMW Financial News

BMW iX1 is available in Alpine White non-metallic paint and Space Silver, Black Sapphire and Storm Bay metallic paintworks. The choice of upholstery includes Veganza Perforated Mocha and Veganza Perforated Oyster. The BMW iX1 comes with standard two-year warranty for unlimited kilometres. Repair Inclusive can extend warranty benefits from third year of operation to maximum fifth year without any mileage limitation.

Despite the challenging first half of the year for the trust, MRCH currently stands as one of the few investment trusts in the market trading on a premium.

China: Tesla Inc. During the evidence-gathering that precipitated this month’s surprise announcement of an EU anti-subsidy probe into Chinese EVs, the US carmaker was among the companies found to have likely benefited, according to people familiar with the matter. Tesla shares fell 1.6% in premarket trading at 5:58 a.m.

₹70 lakh. As per a report by HT Auto, the upcoming BMW iX1 electric SUV, set to launch in India, will be available in the xDrive30 variant.

BMW iX1 electric SUV via its official social media platforms. The iX1 is set to become the brand's most budget-friendly electric SUV and is scheduled to hit the Indian market in the coming weeks. Derived from the third-generation X1 SUV, the BMW iX1 shares a striking resemblance to its internal combustion engine (ICE) counterpart, the X1, with only minor differentiations in its design.

UBS recently took a group of investors to meet with European automakers, suppliers, and experts. After conducting in-depth discussions, UBS views Mercedes' (ETR:MBGn) MMA and MB.EA, as well as BMW's (ETR:BMWG) Neue Klasse Platforms, as significant advancements in terms of efficiency, electrical/electronic architecture, software development, and cost-effectiveness.

Also read: MotoGP Bharat set to host IndianOil Grand Prix: Check date, tickets, livestreaming details here All the safety bikes and cars have arrived at the Buddh International Circuit ahead of MotoGP Bharat. According to the media reports, a total of three safety cars, including a BMW M5CS will be present at the venue during the races. The rest of the safety cars- BMW M2 (G87) and BMW M3 touring will land at the venue on 24 September.

Investing.com — Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: BMW electrifies Mini; Tesla on the cusp of a breakthrough; and UAW strikes back.

Welcome to the weekend. To start off your day, we’ve curated 10 great reads to enjoy.

SUV in the Indian market, with a starting price of ₹1.39 crore (ex-showroom). This new Mercedes EQE model is built on the new EVA platform and is available in the EQE 500 4MATIC variant, which comes as a single specification. The EQE, positioned under the EQS in Mercedes' lineup, includes a 10-year battery warranty.

Volkswagen AG is cutting temporary workers at its main electric-vehicle factory in Germany after the phaseout of a subsidy in the country caused demand for its EVs to drop.

By Bansari Mayur Kamdar

BMW has announced plans to transform its Mini factory in Oxford, England, to produce nothing but electric vehicles

car giant BMW is to make a multi-million pound investment in its Mini plants in the UK, the government in London said Monday. The money will be used to «transform» BMW's plant in Oxford, southern England, «securing 4,000 high-quality jobs and strengthening the electric vehicle supply chain,» the government said in a press release. «BMW's investment is another shining example of how the UK is the best place to build cars of the future,» said Prime Minister Rishi Sunak. «By backing our car manufacturing industry, we are securing thousands of jobs and growing our economy right across the country,» he added, with his government having offered tens-of-millions of pounds in support for BMW. The first generation of the iconic British vehicle's electric model was launched at the Oxford plant in 2019, but last year BMW announced most of its electric cars would be made in China. The investment is expected to be used to make the plant fit for making electric vehicles, with all Minis set to be electric by 2030. «Today's announcement by BMW, coming a week after electric vehicle production started at Stellantis's site at Ellesmere Port, clearly shows that the government's plan for the automotive sector is working,» said Business and Trade Secretary Kemi Badenoch.

Indian market. This exclusive model is priced at ₹46 lakh ex-showroom, prior to any optional additions, and will be produced locally at the BMW Group Plant Chennai. Interested customers can purchase the BMW 2 Series Gran Coupe M Performance Edition exclusively through the BMW Online shop.

MUNICH—For decades, German carmakers dominated their industry with brands that were bywords for excellence and consumer appeal. But as the sector transitions toward electric vehicles, they are falling behind. Nearly a decade into their electric-vehicle shift, and despite billions in investments, VW, BMW, Mercedes and others have failed to make a dent in Tesla’s share of the growing market.

Indian market. The statement said, “Qualcomm Incorporated today announced the appointment of Savi Soin as senior vice president and president of Qualcomm India," reported PTI. (With inputs from Reuters)

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Jailer' music director Anirudh Ravichander, the stupendous success of the film has brought him more laurels. Apart from being widely appreciated for his music on the silver screen, the young director has now bagged a luxury car as well. As a mark of appreciation, Kalanidhi Maran — the chairman of the Sun Group that has produced the film — has gifted the With the Nelson Dilipkumar directorial earning over Rs 600 crore globally, the chairman of the Sun Group — which is the producer of the Rajinikanth comeback — 's chairman, Kalanidhi Maran has given Anirudh Ravichander, the music composer of Jailer', an appreciation cheque along with the keys to a brand new Porshe. Ravichander's music played a pivotal role in the film's success. Maran, recognizing Anirudh's significant contribution, presented him with a generous cheque, the exact amount of which remains undisclosed. Sharing the news on X, Sun Pictures wrote, «Mr.Kalanithi Maran congratulated Anirudh Ravichander and handed over a cheque, celebrating the mammoth success of Jailer.»

London | A looming Europe-wide ban on petrol and diesel cars could hand a large chunk of the European electric vehicle market to the continent’s Chinese rivals, BMW’s chief executive has warned.

Tesla ending a 10-year absence to jostle for the spotlight with Chinese rivals as the race for electric dominance heats up. Chancellor Olaf Scholz will officially inaugurate the IAA mobility show, held in Germany every two years, on Tuesday.