bmw
After Strong Start, U.S. Auto Sales Slow in September
U.S. auto sales started off strong over the Labor Day holiday weekend, but have since dropped significantly, according to analysis by car-buying guide Edmunds.com.
August Auto Sales May Be the Worst in 28 Years
Auto sales braked sharply in August, starting out strong, then slowing to a level that may be the lowest in 28 years. The weak economy made nervous consumers hesitant to buy, despite the bevy of end-of-model-year deals.
August Auto Sales Are Zooming Along. . .So Far
July was a mixed bag for auto sales, with sales improving, but not as much as the abundance of incentives for would-be car buyers led industry watchers to expect. But if August car sales continue on track, it may be the best month of 2010 so far, Edmunds.com reports.
BMW Earnings: Sign of Recovery at the High End
BMW, the largest maker of luxury cars in the world, announced that its profits rose sharply from %u20AC119 million last year to %u20AC831 million ($1.1 billion) in the second quarter.
U.S. Auto Sales May Have Revved Up in July
Analysts' expectations are that sales rose to the highest levels of the year last month as increased automaker incentives lured bargain-hunters.
BMW's Engine Problems: How Big a Safety Risk?
DailyFinance's Peter Cohan has found that certain models of BMW's 335 and 535 might have faulty fuel pumps that can result in diminished engine power or a complete stall. No recalls are in effect. And so far, no one has been seriously hurt. What happens if that changes?
BMW Hits the Gas on 2010 Profit and Outlook
Germany's economy may be struggling right now, but one of the country's premier automakers sees brighter days ahead. BMW said Tuesday it expects pretax profits this year to "rise more sharply than previously forecast," driven by better-than-expected vehicle sales.
