BYMOF News and Press, Bayerische Motornwrke Pfd From 07/08/22

BMW ( OTCPK:BMWYY ) sales for 1H22 dips 13% Y/Y amid chip shortages and intermittent lockdowns in China - Reuters . From January to June, 1.16M BMWs, Mini and Rolls-Royces were delivered. Sales dropped ~20% Y/Y in Q2. Sales of electric cars rose 110% Y/Y to ~76...

The market seems to have priced in a recession already. Meanwhile GM isn't yet seeing this reflected in demand. Its supply has been gated due to industry-wide supply chain issues. This could be favorable if some of the demand is shifted forward and potentially mitigates a rece...

Global electric car sales for May 2022 - Up 55% YoY, reaching 12% share. China sales up 109% YoY to 31% share. Europe sales up 3% YoY to 19% share. EV market news - EU nations approve end to combustion engine sales by 2035. BYD says shift to EVs moving “much faster” than...

In recent months, automotive startups have faced a stark valuation reality check, and the virtual closure of the SPAC funding route reflects far greater scrutiny from investors. Automakers like VW have traded inexpensively relative to their earnings for many years. Global automake...

Germany's BMW (OTCPK:BMWYY) has formally begun production at a new plant in China with an investment of ¥15B ($2.24B) as it accelerates electric vehicle production - Reuters. The company's  third car assembly facility in China The Lydia plant, will increase annual out...

Harris Associates’ 13F portfolio value increased from $64.23B to $75.90B this quarter. They increased Charter Communications, General Motors, Amazon.com, and Netflix while reducing Humana, Hilton Worldwide, and General Dynamics. The top three positions are Alphabet, Fiserv,...

The war in Ukraine is no longer the major market mover as record inflation has now taken that spot. Markets are very nervous and record inflation readings paired with an aggressive Fed and negative consumer sentiment are starting to hammer stocks and hopefully lead to a prolonged bear...

Global electric car sales April 2022 - Up 38% YoY, reaching 10.2% share. China sales up 61% YoY to 29% share. Europe sales were down 1% YoY to 19% share. EV market news - Q1 2022 EV sales limited by supply. IEA: Global EV sales strong in 2022. Global tipping point, 52% of car buyers w...

The war in Ukraine continues to dominate market movements. I have started exiting one of my apartment REITs and predominantly focus on adding dividend income via select purchases. The combination of soaring inflation and geopolitical uncertainty has rattled markets and following t...

Bayerische Motoren Werke Aktiengesellschaft (BMWYY) Q1 2022 Earnings Conference Call May 05, 2022 08:00 AM ET Company Participants Nicolas Peter - Chief Financial Officer Oliver Zipse - Chairman Conference Call Participants Dorothee Cresswell - Exane George Galliers - Goldman Sachs Patrick Hu...