Subscribe
Automakers

BMW boosts EV spending to catch up with Tesla

BMW i5 2023
BMW said its first-half sales growth was largely due to demand for its full-electric vehicles. It expects a further boost with the market launch of the i5 all-electric sedan, shown, in October. (DANIEL KRAUS/DANIEL KRAUS)
B
By:
Bloomberg
August 03, 2023 07:01 AM

BMW is ramping up spending on its electric-car rollout after the luxury-car maker’s battery-vehicle deliveries more than doubled during the first half of the year.

Featured Stories

Stellantis
New Stellantis CEO Antonio Filosa faces series of hurdles

Filosa’s ability to honestly assess where Stellantis has erred in recent years could prove vital as he works to repair relationships with dealers, suppliers and employees.

VB
By:
Vince Bond Jr.
New Stellantis CEO Antonio Filosa faces series of hurdles
Manufacturing
Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal
BN
By:
Bloomberg News
Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal
China
Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output
RN
By:
Reuters News
Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output
Finance Insurance
FTC seeks to drop one count against Asbury after Trump executive order on disparate impact
JH
By:
John Huetter
FTC seeks to drop one count against Asbury after Trump executive order on disparate impact

Latest News

Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal
Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output
Live updates on tariffs: Court rulings sow tariff confusion
Daily 5 report for May 30: A look at some Ford family dynamics
Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Honda Canada certifies used vehicles up to 10 model years old amid affordability challenge
BMW, Mercedes, VW said to be in talks with U.S. over possible tariff deal
Cars & Concepts: New and refreshed offerings from Kia, Subaru, Lexus, more
BYD’s latest incentives dim industry outlook for profits
Staying current is easy with newsletters delivered straight to your inbox.