BMW Group stepping up the pace

Munich. The BMW Group is stepping up the pace in its drive to shape tomorrow’s mobility. Two years after the launch of Strategy NUMBER ONE > NEXT, the BMW Group intends to increase upfront expenditure on research and development to an all-time high in 2018, while at the same time remaining steadily on course for a ninth record-breaking… Continue reading BMW Group stepping up the pace

Quandt heirs receive a billion euro dividend

The billion-euro profit of BMW also pays off for the major shareholders Stefan Quandt and Susanne Klatten. The siblings get a generous payout. The workforce also benefits. Susanne Klatten, Stefan Quandt Wednesday, 21.03.2018 14:27 The siblings Stefan Quandt and Susanne Klatten received from BMW shortly 1.1 billion euros in the account. Background: The car company… Continue reading Quandt heirs receive a billion euro dividend

Adient and Arvind set up JV for automotive fabrics

Global leader in automotive fabrics, Adient has announced the launch of its joint venture (JV) with Arvind Group, for manufacturing and selling of automotive fabrics in India. The JV christened Adient Arvind Automotive fabrics will produce high-performance fabrics from the manufacturing facility in Ahmedabad for domestic and global markets. The JV will benefit from synergies… Continue reading Adient and Arvind set up JV for automotive fabrics

German prosecutors register BMW headquarters on suspicion of handling emissions

Posted 3/3/2018 6:24:58 PM MUNICH (GERMANY), Mar. 20 (Reuters / EP) – German prosecutors have registered on Tuesday BMW headquarters in Munich on suspicion that the car firm used an “illegal” software capable of manipulating the levels of emissions of their vehicles. Nearly 100 policemen and law enforcement agents recorded the German manufacturer’s facilities in… Continue reading German prosecutors register BMW headquarters on suspicion of handling emissions

BMW Group statement concerning the ongoing investigation by the public prosecutor’s office Munich

Munich. The BMW Group confirms that the Munich public prosecutor has opened an investigation regarding a software update which has been mistakenly allocated to around 11,400 BMW 750d and BMW M550d vehicles. On 20 March, employees of the prosecutor’s office searched two BMW Group locations in connection with the investigation. As previously communicated, in the… Continue reading BMW Group statement concerning the ongoing investigation by the public prosecutor’s office Munich

Bollinger updates all-electric utility truck with bigger battery pack for 200 miles of range

Bollinger Motors is working on their off/on-road all-electric utility truck and the startup is putting their prototype to the test to prove its capacity leading up to the start of production. Now, they have updated the capacity of the vehicle with a new battery pack for a longer range. Home Solar Power When unveiling the… Continue reading Bollinger updates all-electric utility truck with bigger battery pack for 200 miles of range

UPDATE 1-BMW searched by German police in emissions swoop

FRANKFURT/MUNICH (Reuters) – BMW’s headquarters were raided on Tuesday by German prosecutors investigating the suspected use of illegal emissions control software capable of manipulating exhaust levels. A car with the BMW logo badge is seen on display at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Jonathan Ernst About 100… Continue reading UPDATE 1-BMW searched by German police in emissions swoop

VW's 'SUV offensive' means more work for Tennessee plant

Volkswagen released this image of a concept version of a new 5-passenger SUV based on its 7-passenger Atlas SUV. The vehicle will debut at the New York auto show in late March 2018. A production version will be manufactured at VW’s Chattanooga, Tenn. plant. (Photo: Volkswagen) CLOSE American brands need to step it up. Time… Continue reading VW's 'SUV offensive' means more work for Tennessee plant

Bollinger B1 Electric Truck – A “Making Of” Video

Bollinger Motors captured the attention of the automotive world after revealing its all-electric Bollinger B1 Sport Utility Truck (SUT) last year. The unveiling was a memorable capstone to company founder Robert Bollinger’s lifelong childhood dream of one day designing and creating a vehicle of his own. As Bollinger Motors ramps up B1 production in earnest,… Continue reading Bollinger B1 Electric Truck – A “Making Of” Video