BMW Group Korea has started the construction of a new research and development center near Seoul that will absorb the function of the existing R&D unit within the BMW Driving Center in Incheon.
Located at the Cheongna Incheon Hi-Tech Park in Incheon, the new R&D center will boost cooperation with local partners in future mobility solutions.
BMW Korea will cooperate with the Korean government, Korean firms and colleges, and local research centers in developing future mobility technologies, such as autonomous driving, connectivity, and electrification, it said.
From January to April, BMW Group Korea sold a combined 26,653 units of its three brands — BMW, MINI, and Rolls-Royce, down 6 percent from 28,387 year-on-year, according to the Korea Automobile Importers and Distributors Association.


Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Washington Post Publisher Will Lewis Steps Down After Layoffs
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Anta Sports Expands Global Footprint With Strategic Puma Stake 



