No more BMWs or Mercs on Fifth Avenue?

Harald Krueger, BMW AG chief executive officer, discusses the company's relationship with the Trump administration and its electric-vehicle plans from the 2018 Los Angeles Auto Show on "Bloomberg Markets: The Close.

BMW has recalled millions of cars worldwide with a faulty exhaust gas recirculation cooler. South Korea's Transport Ministry accuses the automaker of dragging its feet on the recall.

BMW and Daimler, the parent company of Mercedes-Benz, join forces to develop automated driving technology. It is the two German automakers' second collaboration in less than a week.

BMW Board Member Peter Schwarzenbauer says the company isn't happy with the current state of trade tensions and attitudes towards borders. He also discusses the future of the auto industry, covering electrification, car sharing and autonomous driving.

MW joins Volkswagen in predicting China sales growth for the year. Nicolas Peter, chief financial officer at BMW, told Bloomberg's Tom Mackenzie exclusively that the carmaker expects 5-10% growth for its China sales this year.

BMW AG’s automotive division swung to a loss for the first time in a decade as car prices slumped and a legal provision over alleged collusion ballooned to 1.4 billion euros ($1.6 billion).

A building collapse in Shanghai claimed several lives after around 20 people were trapped under the rubble. Over 150 rescue workers raced to pull the survivors to safety from the former Mercedes dealership.

BMW AG Chief Executive Officer Harald Krueger faces a management board decision on his contract in June or July amid concern about the company’s shift toward electric and autonomous vehicles.

German carmaker BMW had appealed against a European Commission decision to limit state aid for developing electric and hybrid cars at its Leipzig plant. The Commission reduced the amount of the grant to less than half.

BMW CFO Nicolas Peter discusses global trade tensions and his company's plans for a possible hard Brexit with Bloomberg's Caroline Connan at the Frankfurt Auto Show.

BMW: No-deal Brexit would mean price rises

The German automaker has warned that tougher emissions rules in the EU will hurt its profits over the next two years. Daimler is struggling with falling profits as it looks to make a costly switch to electric vehicles.