May
19th
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BMW said its annual production capacity in China will reach 450,000 vehicles once an investment plan to upgrade its local factories is completed.
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May
19th
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BMW said its annual production capacity in China will reach 450,000 vehicles once an investment plan to upgrade its local factories is completed. The figure is nearly 150,000 more than last year.
May
19th
Stay connected Subscribe to our RSS feed
BMW said its annual production capacity in China will reach 450,000 vehicles once an investment plan to upgrade its local factories is completed. The figure is nearly 150,000 more than last year.
May
19th
Stay connected Subscribe to our RSS feed
May
19th
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Aston Martin may consider an initial public offering as early as next year as the British automaker seeks to capitalize on the success of Ferrari's listing to lure investors, sources told Bloomberg.
May
18th
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Senators from states with major auto plants are trying again to pass legislation designed to encourage investment in zero-emissions randd, and advanced fuel-reduction and safety technologies.
May
18th
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Tesla Motor's anticipated electric semi truck helped the company grab first place in Twitter engagement among brands for April, according to ListenFirst Media.
May
18th
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Volkswagen will likely pick a new CEO from within the carmaker's own ranks, CEO Matthias Mueller told a German newspaper.
May
18th
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For its first attempt at a bespoke hybrid car, Kia came up with a crossover. Even if sales are nowhere near the level of the Prius, the Niro does seem to have found itself an ever expanding pool of keen buyers.
May
18th
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Skoda is making big money and ever more vehicles, while extra models - including more SUVs - are on the way. There is no doubting the steady rise in sales and ROI, but the question needs to be asked: does the new Kodiaq offer the value for money which has hitherto been one of the main reasons for the company's success?
May
18th
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BMW Group, which built 2.37m vehicles in 2016, has an internal target of expanding this to three million by 2020 and in so doing outpace Mercedes-Benz. Mini has a supporting role in the plan but the heavy lifting will have to be done by the BMW brand. Which means the heavy lifting will fall mainly on the shoulders of multiple as yet unseen SUVs.
May
18th
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Due to Audi's now resolved dispute with its Chinese dealer network, BMW Group recently became the biggest premium manufacturer in the world's largest market. Cash-rich yet needing to be cautious due to its relatively small size compared to Volkswagen AG and Daimler AG, BMW is pouring money into renewing both its global model range and trying to create sub-segments which it could dominate in the 2020s.
May
18th
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This is the second BMW Group feature on the topic of current and future models. The first looked at BMW brand passenger cars. Now, it is the turn of Mini, Rolls-Royce and a joint venture Chinese brand, Zinoro. The third feature will concentrate on BMW SUVs as well as the brand's electric models.
May
18th
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Four automakers agreed to a $553 million settlement to address class-action claims covering owners of nearly 16 million vehicles with potentially defective Takata airbags.
May
18th
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The Trump administration took its first formal step toward renegotiating NAFTA, setting the stage for talks that could have a major impact on automakers and suppliers.
May
18th
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Audi's CEO pledged full transparency as the company recovers from its diesel emissions fraud but shareholders pressed managers to disclose more about the scandal.
May
18th
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The Justice Department is preparing to file a civil suit against Fiat Chrysler for selling 104,000 vehicles that emit excess diesel emissions, according to several reports.
May
18th
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Fiat Chrysler Automobiles shares fell over 3 percent in early U.S. trading on Thursday on reports the Justice Department is preparing to file a civil suit against the automaker for selling 104,000 vehicles that emit excess diesel emissions.