On the road during lockdown

Here's what motorists should know.

Meet Smokey Nagata

The man behind the legendary twin-turbo V12 Toyota Supra build.

WATCH: Going electric takes big bite out of BMW profits

2019-05-07 14:10
bmw ix3 suv

Image: Reuters

BWM operating profits have fallen sharply as the firm invests heavily in developing new electric vehicles.

According to financial reports, BMW earnings fell 78% during the first quarter.

And much of that has gone down due to its new focus on electric vehicles, boosting its spending up to 36%.

The automaker has invested much in the new iX3, the firm's first electric SUV, which is due to go on sale in 2020. 

Read more on:    bmw  |  electric vehicles

There are new stories on the homepage. Click here to see them.