Deliveries up 5.8%: 178,910 units worldwide Increases achieved in all major sales regions Solid growth in Group’s two biggest markets: China and USA Monthly BMW brand sales increase 5.1% to 155,328 Record MINI sales in February: up 10.8% with 23,319 deliveries BMW Group electrified vehicle sales +43.9% in February: 7,906 units Electrified sales total 15,041… Continue reading Best-ever February for BMW Group sales
Tag: BMW
BMW: six new front-wheel-drive models to look out for
The next BMW 1 Series is the first of six upcoming models due to switch to new front-wheel drive underpinnings called FEAR (Frontantrieb Architektur). Each will come with either two or all-wheel drive. We run through what to expect in the list below. Click here for our review of the front-wheel-drive BMW 1 Series saloon 1 Series… Continue reading BMW: six new front-wheel-drive models to look out for
Intel confirms 15% stake in mapping business Here to work on autonomous car tech
Here, the mapping and location services company once owned by Nokia and sold for €2.5 billion to a car-maker consortium of Audi, BMW and Daimler in 2015, is picking up a new investor today. Chipmaker Intel has confirmed that it is taking a 15 percent stake in the business, which it will use to develop autonomous… Continue reading Intel confirms 15% stake in mapping business Here to work on autonomous car tech
Electric car startup spun out of Faraday Future ‘EVelozcity’ claims to have raised $1 billion
We first revealed the existence of Evelozcity, an electric vehicle startup founded by former Faraday Future (FF) executives, a few months ago and it might already be a $1 billion company. The startup now claims to have raised ~$1 billion to bring its electric vehicles to market. Home Solar Power As we previously reported, Stefan Krause, former… Continue reading Electric car startup spun out of Faraday Future ‘EVelozcity’ claims to have raised $1 billion
China’s WM Motor Open to U.S. IPO, Shrugging Off Trade Tensions
China’s WM Motor Technology Co., set to take on Tesla Inc. with an electric SUV going on sale this year, is open to holding an initial public offering in the U.S. as its founder shrugs off a potential trade war between the world’s two biggest economies. The company has a team looking into proposals for… Continue reading China’s WM Motor Open to U.S. IPO, Shrugging Off Trade Tensions
Diesel: the solidarity of German manufacturers is cracking
Matthias Müller detonates more and more against other German champions: the leader of Volkswagen declared open last week to the introduction in Germany of a blue sticker, so far flatly rejected by the industry for which the This is tantamount to banning de facto millions of diesel vehicles from the most polluted cities in the… Continue reading Diesel: the solidarity of German manufacturers is cracking
Bosch Mahle Turbo Systems changes hands
Equipment suppliers By Christophe Jaussaud, the 12/03/2018 The JV between the two German equipment manufacturers, turbos specialist, is now owned by the Hong Kong fund FountainVest. It’s official, Bosch Mahle Turbo Systems is now part of the Hong Kong investment fund FountainVest. A buyback that has been approved by all authorities. A shareholder change that… Continue reading Bosch Mahle Turbo Systems changes hands
IONITY Ultra Fast Charging Network Maps Out Planned Stations
1 hour ago by Mark Kane IONITY charging network in Europe – map of planned stations (source: Audi via Electrek) Audi presented at a conference in Oslo, Norway a makeshift map with fast charging stations of the IONITY network, established by the BMW, Daimler, Ford, Volkswagen, Audi and Porsche. Related – IONITY Debuts 350 kW… Continue reading IONITY Ultra Fast Charging Network Maps Out Planned Stations
VinFast announces designs for electric and internal combustion engine vehicles
VinFast announces designs for electric and internal combustion engine vehicles 03/10/2018 10:28 HÀ NỘI — VinFast Manufacturing and Trading Company Limited has announced 36 global-standard designs, including 17 for its electric vehicles and 19 for internal combustion engine vehicles on Thursday. This is the first time that a Vietnamese company will produce electric vehicles, marking a… Continue reading VinFast announces designs for electric and internal combustion engine vehicles
Annual figures: BMW makes record profit – and benefits from Trump’s tax reform
BMW boss Harald Krüger Satisfied in Geneva: BMW can present a new record profit. (Photo: AP) BMW Thanks to the US tax reform, the net profit has increased significantly. The surplus climbed in 2017 to 8.7 billion euros, which is 26 percent more than in the previous year, as the Munich car maker announced on… Continue reading Annual figures: BMW makes record profit – and benefits from Trump’s tax reform