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4-Traders Homepage  >  Equities  >  Xetra  >  Bayerische Motoren Werke    BMW   DE0005190003

BAYERISCHE MOTOREN WERKE (BMW)
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Bayerische Motoren Werke : BMW Denies Reports That Exhaust Filtering Systems Shut Off

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12/05/2017 | 10:47am CET
   By Max Bernhard 
 

BMW AG (BMW.XE) on Tuesday denied reports that software in some of its diesel-engine vehicles shuts off exhaust-filtering systems at certain driving conditions, leading to higher nitrogen-oxide emissions.

German daily Der Tagesspiegel and German public broadcaster ZDF's WISO program had reported that the environmental lobby group Deutsche Umwelthilfe had found that nitrogen-oxide emissions for five of BMW's diesel-engine vehicles were up to seven times higher under certain conditions on the road when compared to tests in a laboratory.

The Bavarian car maker said that its vehicles have not been manipulated and comply with legal requirements. It said there were no activities or technical measures to influence the emissions testing and that its exhaust systems were active on the test stand as well as in practice.

Write to Max Bernhard at [email protected]; @mxbernhard

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Financials (€)
Sales 2017 97 758 M
EBIT 2017 9 873 M
Net income 2017 7 484 M
Finance 2017 19 690 M
Yield 2017 3,89%
P/E ratio 2017 8,46
P/E ratio 2018 8,72
EV / Sales 2017 0,44x
EV / Sales 2018 0,40x
Capitalization 62 495 M
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Bayerische Motoren Werke Technical Analysis Chart | BMW | DE0005190003 | 4-Traders
Technical analysis trends BAYERISCHE MOTOREN WERKE
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 32
Average target price 93,1 €
Spread / Average Target -3,3%
EPS Revisions
Managers
NameTitle
Harald Krüger Chairman-Management Board
Norbert Reithofer Chairman-Supervisory Board
Nicolas Peter Chief Financial Officer
Susanne Klatten Member-Supervisory Board
Manfred Schoch Deputy Chairman-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
BAYERISCHE MOTOREN WERKE10.86%76 581
TOYOTA MOTOR CORP6.03%225 409
VOLKSWAGEN13.25%115 612
DAIMLER6.69%99 031
HONDA MOTOR CO LTD3.24%64 857
GENERAL MOTORS CORPORATION5.27%61 489