BMW

DE0005190003

Auto & Truck Manufacturers

Real-time Estimate Tradegate Other stock markets 12:18:22 18/07/2024 BST			5-day change	1st Jan Change
91.43 ^EUR	+1.93%		+0.53%	-9.23%

12:00pm	Strong figures from Volvo Cars boost Europe's car stocks	DP
11:34am	Combustion engine phase-out: Von der Leyen promises e-fuel exemptions	DP

Bayerische Motoren Werke Aktiengesellschaft (DB:BMW) signed an agreement to acquire remaining 50% stake in DriveNow GmbH & Co. KG from Sixt SE (DB:SIX2) for approximately €210 million.

January 28, 2018

Bayerische Motoren Werke Aktiengesellschaft (DB:BMW) signed an agreement to acquire remaining 50% stake in DriveNow GmbH & Co. KG from Sixt SE (DB:SIX2) for approximately €210 million on January 29, 2018. The deal is subject to approval from antitrust authorities.

The approvals are expected to be received by the second quarter of 2018. Thorsten Mäger of Hengeler Mueller Partnerschaft von Rechtsanwälten mbB acted as legal advisor for Bayerische Motoren Werke Aktiengesellschaft. Norbert Rieger, Alexander Rinne, Matthias Schell, Martin Erhardt, Christoph Rothenfusser, Michael Pujol, Andrea Eggenstein, Vanessa van Weelden, Malte Krohn, Sebastian Reiner-Pechtl and Chiara Balbinot of Milbank, Tweed, Hadley & McCloy LLP acted as legal advisors for Sixt SE.

Latest news about BMW AG

Strong figures from Volvo Cars boost Europe's car stocks	11:00am	DP
Combustion engine phase-out: Von der Leyen promises e-fuel exemptions	10:34am	DP
Car industry: More than every second company plans job cuts	09:10am	DP
Industry association: New car registrations up in June	05:06am	DP
New car prices for electric cars and combustion engines are converging	04:59am	DP
BMW : Jefferies reiterates its Neutral rating	07-17	ZD
BMW : RBC reiterates its Neutral rating	07-17	ZD
BMW : Bernstein remains its Buy rating	07-17	ZD
BMW : Deutsche Bank gives a Buy rating	07-17	ZD
BMW Issues Recall for Vehicles with Airbag Inflator Issue	07-17	MT
BMW : UBS gives a Neutral rating	07-17	ZD
BMW : Gets a Buy rating from JP Morgan	07-17	ZD
BMW recalling over 1,100 vehicles in US over airbag inflator concern, NHTSA says	07-17	RE
Italy, Spain Supporting European Tariffs on Chinese EVs	07-17	MT
EU members give divided view on Chinese EV tariffs, sources say	07-16	RE
Brussels may rethink China EV import tariffs for Volkswagen, BMW, sources say	07-16	RE
Trump's unity plea and Powell's perfect pitch propel Wall Street	07-16
Car stocks suffer from gloomy prospects in China and the USA	07-16	DP
BMW: receives CCC Digital Key certification	07-16	CF
Overview of German car manufacturers' deliveries in the H1 2024	07-15
BMW : Goldman Sachs sticks Neutral	07-12	ZD
VW wants to bring solid-state cells for e-cars into series production	07-11	DP
Wissing: Von der Leyen must stay the course on combustion engine phase-out	07-11	DP
BMW : Deutsche Bank remains its Buy rating	07-11	ZD
Tesla hikes prices in Europe over China EV tariffs	07-11	RE

Chart BMW AG

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Company Profile

Bayerische Motoren Werke AG (BMW AG) specializes in the design, construction and marketing of luxury cars. Net sales break down by activity as follows: - vehicle sales (77%): 2,554,183 units sold in 2023, under the following brands: BMW (2,252,793), MINI (295,358) and Rolls-Royce (6,032); - sale financing services (23.6%); - motorcycle sales (1.9%): motorcycles with 650-1200 cm3 displacement (209,066 units sold under the BMW brand). At the end of 2023, the group had 31 production sites worldwide. Net sales are distributed geographically as follows: Germany (15%), Europe (29.2%), China (16.1%), Asia (10.7%), the United States (21.8%), Americas (4%) and other (3.2%).

Sector

Auto & Truck Manufacturers

Calendar

31/07/2024 - Q2 2024 Earnings Release

Related indices

Euro STOXX 50 Index , STOXX EUROPE 600 (EUR) , DAX

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Income Statement Evolution

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Analysis / Opinion

BMW : Opinion change, from Sell to Reduce

June 03, 2024 at 03:56 pm

Sebastian Mackensen, CEO BMW North Am: What's the outlook for the automaker?

December 12, 2023 at 09:07 pm

BMW AG : New records

March 16, 2023 at 03:58 pm

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Ratings for BMW AG

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

89.7 EUR

Average target price

111.3 EUR

Spread / Average Target

+24.07%

Consensus

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Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Auto & Truck Manufacturers

	1st Jan change	Capi.
BMW AG	-9.23%	61.67B
TOYOTA MOTOR CORPORATION	+21.25%	280B
MERCEDES-BENZ GROUP AG	+2.91%	67.49B
VOLKSWAGEN AG	-3.58%	60.3B
FORD MOTOR COMPANY	+18.79%	57.81B
GENERAL MOTORS COMPANY	+38.92%	56.91B
HONDA MOTOR CO., LTD.	+13.57%	52.87B
TATA MOTORS LIMITED	+31.30%	44.85B
HYUNDAI MOTOR COMPANY	+31.94%	42.71B
MAHINDRA & MAHINDRA LIMITED	+63.03%	36.76B

Other Auto & Truck Manufacturers

BMW AG

Equities

BMW

DE0005190003

Auto & Truck Manufacturers

Bayerische Motoren Werke Aktiengesellschaft (DB:BMW) signed an agreement to acquire remaining 50% stake in DriveNow GmbH & Co. KG from Sixt SE (DB:SIX2) for approximately €210 million.

EPS Revisions