BMW

BMW, Mercedes and Volkswagen are delivering solid operating profits despite criticism and are making progress in the transition to electric vehicles, for example with new models and improved battery technology. Volkswagen is in the toughest spot after quality problems with an early mass-market model; Mercedes suffered setbacks from overly conservative technology choices; BMW is seeing rising sales thanks to battery innovations. A sustainable recovery will require higher margins, faster innovation, concessions from unions and a stronger customer focus; EU policy has so far not done enough to advance the expansion of electromobility. » More on faz.net

Citigroup upgrades the outlook for the automotive sector and sees signs of an improvement in chances and risks despite a difficult third quarter. Analyst Harald Hendrikse assigned BMW the status "Positive Catalyst Watch" (90 days) and expects short-term positive price drivers; BMW shares rose 4.5 percent on Friday to a high since mid-June. Forvia also received a Positive Catalyst Watch (30 days). Citigroup cites possible catalysts such as stricter EU rules against Chinese suppliers, robust vehicle registration figures in the US/Europe, cost reductions and upcoming investor events. » More on de.investing.com

Citigroup places BMW on "Positive Catalyst Watch" with a 90-day horizon, strengthening expectations of near-term positive share-price drivers. The stock rose about 4.5% to its highest level since mid‑June. Analyst Harald Hendrikse sees signs of an improved risk‑reward profile despite a difficult third quarter, citing factors such as stricter EU rules for Chinese competitors, solid registration figures in the US and Europe, and cost-cutting announcements at upcoming investor events. » More on finanzen.net