Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. BMW AG
  6. News
  7. Summary
    BMW   DE0005190003

BMW AG

(BMW)
  Report
Delayed Xetra  -  12:44:33 2023-03-24 pm EDT
97.76 EUR   -1.08%
11:42aAfter combustion engine compromise: Lindner plans vehicle tax reform
DP
10:51aLindner wants vehicle tax reform after agreement in combustion engine dispute
DP
08:34aGerman government and EU Commission reach agreement in combustion engine dispute
DP
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

EU car market: new car registrations weaker than at any time in almost 30 years

01/18/2023 | 02:06am EDT

BRUSSELS (dpa-AFX) - New car registrations in the European Union were at their lowest level in almost 30 years last year. In December, there was indeed an EU-wide increase of 12.8 percent to 896,967 newly registered cars thanks to a strong final spurt in the major markets of Germany and Italy, as the European industry association Acea announced in Brussels on Wednesday. For the year as a whole, however, 9.26 million passenger cars were registered, 4.6 percent fewer than in the already weak previous year - and thus fewer cars than at any time since 1993.

In Germany, the expiry of subsidies for plug-in hybrids at the end of the year and falling premiums on the purchase of battery-powered cars had caused pull-forward effects in December. Of the largest EU car markets, car registrations also rose slightly in the year as a whole only in Germany (+1.1 percent), while Italy (minus 9.7 percent), France (minus 7.8 percent) and Spain (minus 5.4 percent) saw a downward trend. Car manufacturers in Europe complained primarily about inadequate parts supplies, including electronic chips.

The market leader in the EU continued to be Volkswagen's core brand VW Passenger Cars, with just over one million cars sold. With around 2.3 million cars, the VW Group as a whole was also ahead of Peugeot, Fiat and Opel parent Stellantis (1.8 million cars). The Renault Group was in third place with just under 985,000 cars. BMW and all its brands registered 624,940 new vehicles, Mercedes-Benz 549,023./men/stw


ę dpa-AFX 2023
Stocks mentioned in the article
ChangeLast1st jan.
BMW AG -1.08% 97.76 Delayed Quote.17.25%
MERCEDES-BENZ GROUP AG -1.51% 69.65 Delayed Quote.13.44%
RENAULT -3.67% 35.45 Real-time Quote.13.35%
STELLANTIS N.V. -1.69% 15.916 Real-time Quote.19.94%
STELLANTIS N.V. -1.72% 15.902 Delayed Quote.19.89%
VOLKSWAGEN AG -2.76% 119 Delayed Quote.2.22%
All news about BMW AG
11:42aAfter combustion engine compromise: Lindner plans veh..
DP
10:51aLindner wants vehicle tax reform after agreement in combustion engine dispute
DP
08:34aGerman government and EU Commission reach agreement in combustion engine dispute
DP
08:20aSurvey among drivers: gasoline-powered vehicles more popular again
DP
03/24German government focuses on swift solution to combustion engine dispute
DP
03/24Scholz expects quick agreement in combustion engine dispute
DP
03/24UK Gilt Yields Fall as Signs Emerge of Easing Inflationary Pressure
DJ
03/24BMW : UBS sticks Neutral
MD
03/24Berlin examines EU Commission response to combustion engine dispute
DP
03/24Stifel makes cut at VW - target almost halved with new approach
DP
More news
Analyst Recommendations on BMW AG
More recommendations
Financials
Sales 2023 145 B 156 B 156 B
Net income 2023 9 410 M 10 122 M 10 122 M
Net cash 2023 19 518 M 20 996 M 20 996 M
P/E ratio 2023 6,74x
Yield 2023 4,85%
Capitalization 62 652 M 67 397 M 67 397 M
EV / Sales 2023 0,30x
EV / Sales 2024 0,27x
Nbr of Employees 149 475
Free-Float 57,2%
Chart BMW AG
Duration : Period :
BMW AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BMW AG
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 97,76 €
Average target price 105,87 €
Spread / Average Target 8,30%
EPS Revisions
Managers and Directors
Oliver Zipse Senior VP-Corporate Planning & Product Strategy
Nicolas Peter Group Leader-Corporate Finance
Norbert Reithofer Chairman-Supervisory Board
Susanne Klatten Independent Member-Supervisory Board
Manfred Schoch Chairman-General Works Council
Sector and Competitors
1st jan.Capi. (M$)
BMW AG17.25%67 397
TOYOTA MOTOR CORPORATION-1.57%185 142
MERCEDES-BENZ GROUP AG13.44%80 157
VOLKSWAGEN AG2.22%73 854
GENERAL MOTORS COMPANY0.21%47 013
FORD MOTOR COMPANY-1.03%45 881
Secure and increase the performance of your investments with our team of experts at your side.
Securing my Investments
fermer