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BMW North America to recall over 87,000 U.S. vehicles over engine starter overheating issue
Reuters· 2026-02-07 08:29
Core Viewpoint - BMW North America is recalling 87,394 vehicles in the U.S. due to a potential fire risk caused by overheating engine starters [1] Group 1 - The recall affects a significant number of vehicles, indicating a serious safety concern [1] - The U.S. National Highway Traffic Safety Administration has issued the recall notice, highlighting regulatory oversight in vehicle safety [1]
BMW to recall 36,922 vehicles in US, NHTSA says
Reuters· 2025-12-19 08:20
Core Point - BMW will recall 36,922 vehicles in the United States due to unintended steering wheel movement while the vehicle is stationary, as reported by the National Highway Traffic Safety Administration (NHTSA) [1] Group 1 - The recall affects a total of 36,922 vehicles [1] - The issue involves unintended steering wheel movement when the vehicle is not in motion [1] - The announcement was made by the National Highway Traffic Safety Administration (NHTSA) [1]
New England dealership group enters California with BMW acquisition
Yahoo Finance· 2025-12-18 08:00
Group 1 - Premier Companies has expanded its operations by acquiring a BMW dealership in Fairfield, California, marking its only venture into the West for this brand [1][4] - The dealership group now owns nine new-vehicle dealership rooftops, including two BMW stores, with the majority located in the Northeast [3] - Premier Companies has a strong relationship with BMW, citing the brand's manufacturing presence in the U.S. and the quality of its retail network as key reasons for their partnership [4] Group 2 - The acquisition of the California dealership was prompted by a referral from JP Morgan Chase, indicating a strategic move rather than an initial plan for expansion [4] - BMW sales in the U.S. increased by 8.5% in the first three quarters of 2025 compared to the same period in 2024, with a notable surge of 24% in the third quarter [5] - Despite Premier's enthusiasm for BMW, a survey indicated that dealers showed a stronger preference for owning Toyota or Lexus franchises, with BMW ranking ninth in desirability [5]
Is BMW’s Outlook Cut a Warning Sign or a Buying Opportunity?
Yahoo Finance· 2025-10-09 07:58
On October 7, the BMW Group revised down its 2025 financial guidance, pointing to weaker-than-expected demand in China as the main drag on performance. The announcement triggered an 8.25% drop in the share price, extending its monthly decline to 9.62% as of October 8. Despite the setback, the stock remains up 21.35% over the past six months, reflecting investors’ broader confidence in the brand’s longer-term prospects. The question now is whether this profit warning marks a temporary setback — or an early ...
BMW to recall over 145,000 US vehicles citing starter motor defect
Reuters· 2025-10-01 07:20
BMW is recalling over 145,000 vehicles in the U.S. as the starter motor may overheat from an electrical overload, the U.S. National Highway Traffic Safety Administration said on Wednesday. ...
BMW to recall over 196,000 US vehicles due to engine starter defect
Reuters· 2025-09-26 07:18
Core Point - BMW is recalling over 196,000 vehicles in the U.S. due to potential corrosion of the engine starter relay, which may lead to overheating and short circuits, increasing the risk of fire [1] Group 1 - The recall affects more than 196,000 vehicles in the U.S. market [1] - The issue is related to the engine starter relay, which may corrode [1] - The corrosion can lead to overheating and short circuits, posing a fire risk [1]