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

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Bayerische Motoren Werke : BMW Unveils New Mini-Electric Car in Frankfort

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09/14/2017 | 09:25am CET

London- At the Frankfurt Motor Show this week, BMW Group unveiled a new design for the “Mini electric vehicle”, whose production will begin in 2019.

This new design will be followed by the introduction of the first “Mini Hybrid” with external charging this year. BMW CEO Harald Krüger believes that the Mini is the best choice for the switch to electric power, as it is the original compact vehicle for driving within cities.

The company has already introduced the “Mini E” model, in an experience that saw the testing of 600 electric Mini cars. The company has benefited from this testing in the development of the electric “A3” model.

The “virtual Mini” features many new applicable ideas, including the use of carbon mixtures in many parts of the body, some of which were manufactured in 3D printing.

The company asserts that it plans to manufacture this virtual category in order to dedicate it to those who use mini cars in cities.

(c) 2017 Saudi Research and Publishing Co. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (€)
Sales 2017 97 798 M
EBIT 2017 9 846 M
Net income 2017 7 329 M
Finance 2017 20 543 M
Yield 2017 4,34%
P/E ratio 2017 7,70
P/E ratio 2018 7,70
EV / Sales 2017 0,36x
EV / Sales 2018 0,33x
Capitalization 55 372 M
Chart BAYERISCHE MOTOREN WERKE
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Bayerische Motoren Werke Technical Analysis Chart | BMW | DE0005190003 | 4-Traders
Technical analysis trends BAYERISCHE MOTOREN WERKE
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 34
Average target price 92,9 €
Spread / Average Target 8,8%
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
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