logo
  

BMW Details On Road To 2050; Proposes Dividend - Quick Facts

BMW AG (BMW.L) announced that its board of Management and Supervisory Board propose a dividend of EUR 1.90 per share of common stock and EUR?1.92 per share of preferred stock for the financial year 2020, which were lower than last year.

BMW also described its road to 2050 and said it is always focused on the future. The company plans to use technology to avoid producing over 200 million tonnes of CO2 by 2030.

Detailing on its e-mobility roadmap up to 2030, BMW plans to deliver more than 100,000 fully-electric vehicles to customers in 2021 and currently have five electric models ready to go. The company expects 13 pure electric models on the roads in 2023.

BMW said April was another strong month, with sales up more than 10 percent, versus comparable figure for the pre-coronavirus year 2019.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The 737 MAX 10, Boeing Co.'s largest 737 Max model, is taking its maiden flight today, reports said citing people familiar with the matter. The flight after months of testing and certification will be around 10 a.m. local time from the Seattle area. The schedule could change depending on weather or other factors. Meanwhile, the jetliner is expected to enter commercial service in 2023. Medical devices supplier Smiths Medical, affiliated to Smiths Group plc, is recalling certain Jelco Hypodermic Needle-Pro Fixed Needle insulin syringes with skewed graduation markings, the U.S. Food and Drug Administration said. The recall was initiated after the company became aware of specific models and lots of Jelco insulin syringes that may exhibit skewed odd number line graduation markings. Saliva-based COVID-19 testing is rolled out as a pilot for public schools in New York City. The new two-month pilot program is being implemented in about 50 New York City public schools and utilizes Fluidigm Technology to offer RT-PCR COVID-19 testing. New York City public schools have instituted mandatory random weekly testing in all reopened school buildings to ensure safer in-person learning.
Follow RTT