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Bayerische Motoren Werke Aktiengesellschaft ETR: BMW said it is preparing a broad transformation program focused on streamlining processes, increasing the use of artificial intelligence and offering voluntary severance packages for indirect employees, while maintaining its production footprint in key regions.

Bayerische Motoren Werke AG (OTCMKTS:BAMXF - Get Free Report)'s share price reached a new 52-week low during trading on Friday. The stock traded as low as $61.00 and last traded at $61.00, with a volume of 120 shares changing hands. The stock had previously closed at $66.09. Bayerische Motoren Werke Price Performance The company

Ferrari and BMW are rolling out new models featuring lightweight, cost-effective aluminium wiring, accelerating a shift away from copper, the dominant material in electric wiring since the invention of the electric ​battery two centuries ago.