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BMW Bayerische Motoren Werke AG

93.48
0.88 (0.95%)
31 May 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Bayerische Motoren Werke AG TG:BMW Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.88 0.95% 93.48 93.36 93.60 93.60 92.34 92.68 19,077 22:50:02

Europe Car Makers Shares Rise After EU Announces Probe of Chinese Auto Companies

13/09/2023 9:26am

Dow Jones News


Bayerische Motoren Werke (TG:BMW)
Historical Stock Chart


From Jun 2023 to Jun 2024

Click Here for more Bayerische Motoren Werke Charts.

By David Sachs

 

Shares in Europe's major auto makers rose Wednesday after the European Union's antitrust body said it would launch an investigation of potentially unfair market practices by Chinese electric car companies.

"Global markets are now flooded with cheaper Chinese electric cars," European Commission President Ursula von der Leyen said in the State of the European Union Address. "And their price is kept artificially low by huge state subsidies. This is distorting our market."

At 0749 GMT, shares in Volkswagen were up 2.9% to EUR112.14. Shares in Renault jumped 4.9% to EUR38.55. BMW was up 2.3% to EUR98.85. Mercedes-Benz stock was up 1.1% to EUR67.65, while Stellantis was up 1.1% to EUR18.03

 

Write to David Sachs at david.sachs@wsj.com

 

(END) Dow Jones Newswires

September 13, 2023 04:11 ET (08:11 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

1 Year Bayerische Motoren Werke Chart

1 Year Bayerische Motoren Werke Chart

1 Month Bayerische Motoren Werke Chart

1 Month Bayerische Motoren Werke Chart