BMW fined $18 mn in US over inflated sales data

BMW fined $18 mn in US over inflated sales data

US securities regulators charged BMW with inflating its retail sales volumes to investors, fining the luxury car company $18 million in a settlement announced Thursday.
Sales of auto down despite of strong discounts

Sales of auto down despite of strong discounts

Despite huge reductions in the price of motor vehicles, car dealerships say sales have been unexpectedly slow in recent weeks.
BMW to recall 360,000 China cars over Takata airbags

BMW to recall 360,000 China cars over Takata airbags

Germany's BMW will recall 360,000 vehicles in China as part of the worldwide effort to root out defective airbags made by now-defunct Japanese supplier Takata, regulators in Beijing said.
THACO may bring back BMW assembly to Vietnam

THACO may bring back BMW assembly to Vietnam

THACO has just revealed to resume assembling BMW cars in Vietnam a decade after the German carmaker stopped manufacturing operations in the country.
South Korea to fine BMW US$10m over engine fires response

South Korea to fine BMW US$10m over engine fires response

South Korea said Monday (Dec 24) it will fine German automaker BMW 11.2 billion won (US$10 million) for allegedly dragging its feet in recalling cars with faulty engines linked to dozens of engine fires.
BMW plans to take control of China joint venture

BMW plans to take control of China joint venture

German luxury carmaker BMW announced Thursday (Oct 11) a plan to take control of its China joint-venture, the first foreign automaker to take advantage of Beijing's new ownership rules for the sector.
BMW to recall 323,700 diesel cars over fire danger

BMW to recall 323,700 diesel cars over fire danger

Germany's luxury automaker BMW is going to recall 23,700 diesel cars in Europe over an engine fire danger, following a similar action in South Korea, a German media newspaper reported on Tuesday (Aug 7).
South Korea to launch probe into BMW over alleged delayed recall

South Korea to launch probe into BMW over alleged delayed recall

South Korea will launch an investigation into BMW, a minister said Friday (Aug 3), over an alleged delay in recalling more than 100,000 cars following a spate of engine fires.
Germany hits Mercedes with mass diesel recall

Germany hits Mercedes with mass diesel recall

Germany on Monday (Jun 11) ordered the recall of some 774,000 vehicles from Mercedes-Benz maker Daimler across Europe, citing illegal "defeat devices" designed to conceal high levels of harmful emissions from regulators' tests.
BMW recall of 470 cars in Vietnam may be due to fire risk

BMW recall of 470 cars in Vietnam may be due to fire risk

German car manufacturer BMW’s sudden recall of 470 cars in Vietnam may be related to the car giant’s re-exporting of 88,000 vehicles in the UK due to fire risk.
Gov’t asked to help automakers overcome difficulties

Gov’t asked to help automakers overcome difficulties

Auto businesses are concerned about Vietnam’s future policy orientation with regard to the auto industry, which they think will affect their business strategy.
BMW expands UK car recall again

BMW expands UK car recall again

German car manufacturer BMW on Friday expanded a British safety recall for another 88,000 vehicles because of a fire risk.
Germany's BMW expands UK car recall

Germany's BMW expands UK car recall

German car manufacturer BMW on Wednesday said it was expanding a British recall on faulty vehicles whose engines are at risk of suddenly cutting out.
Toyota suspends self-driving car tests after Uber death

Toyota suspends self-driving car tests after Uber death

Japanese automaker Toyota said Thursday it was suspending tests of its self-driving cars so staff could "emotionally process" after an autonomous Uber car killed a pedestrian in an accident.
Trump sharpens trade row, threatening to tax German cars

Trump sharpens trade row, threatening to tax German cars

Trump told a boisterous crowd that if Europe did not lower trade barriers to US imports, "we're gonna tax Mercedes-Benz, we're gonna tax BMW."