Tag: BMW

BMW Japan raided over improper sales quotas

The Fair Trade Commission raided BMW Japan Corp. on Wednesday for allegedly imposing unreasonable sales quotas on its distributors and making them buy vehicles when they missed the targets.The alleged unfair practice was apparently induced by fierce competition from Mercedes-Benz and other rivals in the imported vehicle market.Distributors registered BMW vehicles they purchased under their names and sold them in the used car market afterward.

Press Releases – New study highlights lack of progress on infrastructure & incentives for alternatively-powered cars

Frankfurt, 11 September 2019 – At the start of a new EU political term, the European Automobile Manufacturers’ Association (ACEA) is urgently calling for a comprehensive plan to enable the transition to zero-emission mobility in Europe. This should include a major ramp-up of charging and refuelling infrastructure, as well as meaningful purchase incentives to stimulate… Continue reading Press Releases – New study highlights lack of progress on infrastructure & incentives for alternatively-powered cars

“10 questions to…” Thomas Sycha.

1. Why did you become a car designer? Ever since I’ve been able to think, I’ve always drawn things – from cartoons and houses to automobiles. I was particularly fascinated by the varying characters and forms of expression that vehicle design can convey. I grew up in Poland, where the profession of automobile designer didn’t… Continue reading “10 questions to…” Thomas Sycha.

BMW warns a no-deal Brexit would mean Mini production cut in Oxford affecting UK jobs – iNews

Car manufacturer BMW has warned a no-deal Brexit would mean a cut in production of the Mini at its factory in Oxford. The firm’s chief financial officer Nicolas Peter said manufacturing was likely to drop at the Cowley plant, which in turn would affect jobs. “No-deal would mean that, most likely, [World Trade Organization] tariffs… Continue reading BMW warns a no-deal Brexit would mean Mini production cut in Oxford affecting UK jobs – iNews

Hyundai and Kia invest in Europe’s high-power fast-charging network

Hyundai and Kia announced Monday that they are investing in Ionity, Europe's 350-kilowatt charging network. They will join BMW Group, Daimler, Ford and Volkswagen/Porsche in expanding charging station availability for vehicles with 800 volt on-board systems.

This partnership gives Hyundai the opportunity to develop vehicles with 800-volt systems that will be able to utilize the 350-kilowatt capacity of Ionity's network, which currently comprises 140 stations. Another 50 are currently under construction and the company plans to expand to an addition 200 sites by 2020.

It's Ionity's goal that its stations be no more than 120 km (75 miles) apart along major highways, guaranteeing that even small city cars will have sufficient range to travel between stations.

“Our participation in this joint venture reaffirms the Group’s commitment to future electromobility. I am confident that our work with Ionity will open a new era of high-power charging experiences, where charging will be seamless and easier than refueling for our customers,” said Hyundai Product VP Thomas Schemera.

Ionity was formed in 2017 with the mission of developing a connected, high-output charging network for European EVs. The coalition was formed with 800-volt systems in mind, allowing for quicker charge times for vehicles like the Porsche Taycan and a forthcoming Hyundai EV.

Europe remains well ahead of the United States with respect to DC fast charging. Tesla's V3 Superchargers charge at up to 250 kw and have recently arrived in some markets. Most U.S. hardware caps at 150 kw.

‘Price of UK-made cars may rise’ in no-deal Brexit

BMW’s finance chief Nicolas Peter has warned that the price of cars made in the UK could rise if the country leaves the European Union without a deal on 31 October.. Mr Peter said that if WTO tariffs are imposed from 1 November then it is highly likely that the price of cars made in… Continue reading ‘Price of UK-made cars may rise’ in no-deal Brexit

Mini plant could cut shifts in event of no-deal

Media playback is unsupported on your device Workers at the Mini plant in Oxford could see their shifts cut in the event of a no-deal Brexit, BMW’s finance chief has told the BBC. Nicolas Peter said production was likely to fall at the Cowley factory, affecting jobs. But he said BMW, which also makes Minis… Continue reading Mini plant could cut shifts in event of no-deal

BMW to close Oxford factory for two days as hard Brexit looms

BMW Mini factory in Cowley to shut on 31 October as part of car firm’s preparations for no deal Robots work on a Mini at the Cowley factory, which BMW said was likely to produce fewer cars after a no-deal Brexit. Photograph: Tolga Akmen/AFP/Getty Images BMW will close its Mini factory in Oxford for two… Continue reading BMW to close Oxford factory for two days as hard Brexit looms

BMW Group Thailand is plugging in for Thailand’s electric future with the local assembly of High-Voltage Batteries for BMW Plug-in Hybrid Vehicles

Chonburi. BMW Group Thailand is marking another historic milestone with the inauguration of a local high-voltage battery production plant in partnership with the DRÄXLMAIER Group, one of the world’s leading automotive suppliers and a partner of BMW Group since 1966. BMW Group Thailand launched the local assembly lines in July 2019 at the DRÄXLMAIER Group… Continue reading BMW Group Thailand is plugging in for Thailand’s electric future with the local assembly of High-Voltage Batteries for BMW Plug-in Hybrid Vehicles