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AAP Advance Auto Parts

76.45
1.53 (2.04%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Advance Auto Parts NYSE:AAP NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.53 2.04% 76.45 77.39 75.71 75.85 790,211 01:00:00

BMW Denies Report on Talks With Apple to Develop Cars - Report

05/03/2015 12:27pm

Dow Jones News


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FRANKFURT--A spokesman for BMW AG (BMW.XE) said on Thursday the German carmaker isn't in talks with Apple Inc. (AAP) to develop a car, denying a press report in German magazine Auto Motor und Sport.

According to the report, the two companies were discussing the possibility of working on developing a passenger car and that Apple was impressed with BMW's carbon-fiber electric cars, citing a manager at BMW.

A spokesman for BMW told The Wall Street Journal the car maker was in regular talks with companies in the telecommunications and I.T. industry, including Apple, on topics like connecting vehicles. However, development or production of automobiles aren't part of this conversation.

According to Auto Motor und Sport, managers of Apple and BMW are in talks about how it's possible to integrate the Apple operating system in to the i3, allowing iPhones, Apple Clocks, iPads, laptops and Mac computers to communicate and exchange data. However, it would require BMW to reveal secrets about its own vehicle software.

Magazine website: http://www.auto-motor-und-sport.de/

Write to the Frankfurt Bureau at djnews.frankfurt@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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