Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

Real-time Quote. Real-time Tradegate - 12/05 01:38:29 pm
81.79 EUR   +2.47%
01:29p BAYERISCHE MOTO : BMW - Three million MINIs - Plant Oxford hits majo..
12:51p BAYERISCHE MOTO : Amazon's Alexa heads for the fast lane
11:55a BAYERISCHE MOTO : Delays as road closed after
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Daimler's Smart to sell electric scooters in 2014

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/10/2012 | 08:01pm CET

Daimler's (>> Daimler AG) Smart brand of two-seater cars is to add electric scooters to its range from 2014, following up on this year's launch of a new battery-powered version of its Smart ForTwo car, it said on Thursday.

Daimler's (>> Daimler AG) Smart brand of two-seater cars is to add electric scooters to its range from 2014, following up on this year's launch of a new battery-powered version of its Smart ForTwo car, it said on Thursday.

"With this step, we are adding a further important component to our smart mobility concept for urban mobility," said Joachim Schmidt, head of sales and marketing at the Mercedes-Benz Cars division.

The Smart ForTwo electric car will be launched in the market this summer, with Smart hoping for sales in 2013 climbing into five figures, a spokeswoman said.

Customers will be able to choose between purchasing the battery or just leasing it.

Including the 19 percent value-added tax levied in Germany, this would cost a customer either nearly 24,000 euros ($31,100)or 19,000 euros with a battery rental charge of less than 70 euros per month.

Smart had once attempted to expand its model range well beyond the quirky two-seater car which it currently produces, to include a roadster and a four-seat subcompact that was built by Mitsubishi (>> Mitsubishi Motors) in the Netherlands. There were even plans for a small SUV version.

But unlike BMW's (>> Bayerische Motoren Werke AG) Mini brand, which has successfully stretched its line-up to include models like a longer estate and an SUV, Smart failed to gain as strong a brand image compared with the Mini.

Eventually losses ballooned at Smart, forcing management to shelve plans for further models and its cut its product line back to the ForTwo car in a reorganization that was estimated at the time to cost over 1 billion euros.

($1=0.7716 euros)

(Reporting by Christiaan Hetzner; Editing by Greg Mahlich)

Stocks treated in this article : Mitsubishi Motors, Bayerische Motoren Werke AG, Daimler AG
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BAYERISCHE MOTOREN WERKE A
01:29p BAYERISCHE MOTOREN WERKE : BMW - Three million MINIs - Plant Oxford hits major m..
12:51p BAYERISCHE MOTOREN WERKE : Amazon's Alexa heads for the fast lane
11:55a BAYERISCHE MOTOREN WERKE : Delays as road closed after
09:13a Panasonic in talks to buy ZKW to accelerate push into auto electronics - sour..
08:54a BAYERISCHE MOTOREN WERKE : BMW seeks to be 'coolest' ride-hailing firm with auto..
12/04 BAYERISCHE MOTOREN WERKE : Turbomeister skin a bow to past
12/04 BAYERISCHE MOTOREN WERKE : Production BMW X2 Will Retain Concept’s Styling
12/03 BAYERISCHE MOTOREN WERKE : "أدنوك لل&#..
12/03 BAYERISCHE MOTOREN WERKE : Serviceplan Group Middle East inaugurates new offices..
12/03 BAYERISCHE MOTOREN WERKE : Drivers hurt as cars in smash
More news
Sector news : Auto & Truck Manufacturers - NEC
11:47a New car sales on course for record year after November rise
09:13a Panasonic in talks to buy ZKW to accelerate push into auto electronics - sour..
12/02DJCEO Mark Fields Says Ford Still Moving Small-Car Output to Mexico Despite Tru..
12/02DJCEO Mark Fields Says Ford Still Moving Small-Car Output to Mexico Despite Tru..
12/02DJFORD MOTOR : CEO Mark Fields Says Ford Still Moving Small-Car Output to Mexico D..
More sector news : Auto & Truck Manufacturers - NEC
News from SeekingAlpha
07:04a WALL STREET BREAKFAST : Investors Shrug Off Italy's Referendum Result
03:49a Autonomous ambitions at BMW
11/15 WALL STREET BREAKFAST : Stocks Poised For Big Year-End Rally
11/09 WALL STREET BREAKFAST : Trump Takes The White House
11/09 Auto sector nervous about Trump?
Advertisement
Financials (€)
Sales 2016 94 526 M
EBIT 2016 9 780 M
Net income 2016 6 597 M
Finance 2016 2 229 M
Yield 2016 4,24%
P/E ratio 2016 7,80
P/E ratio 2017 7,92
EV / Sales 2016 0,52x
EV / Sales 2017 0,50x
Capitalization 51 751 M
More Financials
Chart BAYERISCHE MOTOREN WERKE A
Duration : Period :
Bayerische Motoren Werke A Technical Analysis Chart | BMW | DE0005190003 | 4-Traders
Full-screen chart
Technical analysis trends BAYERISCHE MOTORE...
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 33
Average target price 85,4 €
Spread / Average Target 7,0%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Harald Krüger Chairman-Management Board
Norbert Reithofer Chairman-Supervisory Board
Friedrich Eichiner Head-Finance
Susanne Klatten Member-Supervisory Board
Manfred Schoch Deputy Chairman-Supervisory Board
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
BAYERISCHE MOTOREN WER..-17.99%55 171
TOYOTA MOTOR CORP-9.65%192 137
DAIMLER AG-19.58%71 247
VOLKSWAGEN AG-11.22%66 231
GENERAL MOTORS COMPANY4.12%53 977
HONDA MOTOR CO LTD-11.88%53 715
More Results