Engine systems

BMW Is Ready to Shift Into High Gear

BMWs are built for speed, yet the car maker's stock trades as if it is stuck in the slow lane. Between trade tensions, environmental concerns and technological change, car manufacturers have plenty to worry about. But if there is one company that takes problems in its stride, it is Munich-based Bayerische Motoren Werke.
 The Chinese tariffs will hit its profit by a little under €300 million ($340 million), but model launches should offset the shortfall. The company confirmed that its fullyear operating margin would fall within a longstanding target range of 8% to 10%. It has met or exceeded this target every quarter since 2009.

Car Makers Bring Fuel Efficiency To Trucks

Big U.S. auto makers are racing to equip pickup trucks with fuel-efficient engines, a surprising pivot away from their longstanding practice of putting gas-guzzling engines into large vehicles.
 Ford Motor Co., General Motors Co. and Fiat Chrysler Automobiles NV all now are betting truck buyers want better gas mileage in addition to raw horsepower. That insight has touched off a surge in innovation.