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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 Unveils New Mini-Electric Car in Frankfort

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09/14/2017 | 09:25am CEST

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 2018 99 215 M
EBIT 2018 9 847 M
Net income 2018 7 595 M
Finance 2018 21 600 M
Yield 2018 5,09%
P/E ratio 2018 6,92
P/E ratio 2019 6,71
EV / Sales 2018 0,30x
EV / Sales 2019 0,29x
Capitalization 51 804 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
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 29
Average target price 94,3 €
Spread / Average Target 19%
EPS Revisions
Managers
NameTitle
Harald Krüger Chairman-Management Board
Norbert Reithofer Chairman-Supervisory Board
Nicolas Peter Chief Financial Officer
Susanne Klatten Independent Member-Supervisory Board
Manfred Schoch Deputy Chairman-Supervisory Board
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