BMW – Page 1745 – I wish I had more to offer

Statement by Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Interim Report to 31 March 2019

Ladies and Gentlemen, Good morning! On the operational side, the BMW Group started the year as expected, in a business environment that remains challenging and volatile. Our first-quarter financials were heavily impacted by the provision of around 1.4 billion euros we made in connection with antitrust allegations by the European Commission. The Statement of Objections… Continue reading Statement by Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Interim Report to 31 March 2019

Statement by Harald Krüger, Chairman of the Board of Management of BMW AG, Conference Call Interim Report to 31 March 2019

Good morning, Ladies and Gentlemen! At the BMW Group, we are always moving forward – with our sights set on the future. Our actions are geared towards the long term. We continue to resolutely chart our own course. Two areas will be crucial for us: 1. Strengthening our core business, and 2. Moving forward with… Continue reading Statement by Harald Krüger, Chairman of the Board of Management of BMW AG, Conference Call Interim Report to 31 March 2019

BMW quarterly profit tumbles 78 percent, hit by 1.4 billion euro legal provision

FRANKFURT (Reuters) – BMW’s first-quarter operating profit fell 78 percent to 589 million euros, despite higher deliveries of luxury vehicles, as the carmaker felt the effects of higher investment spending and a 1.4 billion euro ($1.6 bln) legal provision. FILE PHOTO: A BMW logo is displayed at the 89th Geneva International Motor Show in Geneva,… Continue reading BMW quarterly profit tumbles 78 percent, hit by 1.4 billion euro legal provision

BMW CEO rules out taking Daimler stake as part of deeper alliance

Harald Krueger, Chief Executive of German luxury carmaker BMW, addresses the company’s annual news conference in Munich, Germany, March 20, 2019. REUTERS/Michael Dalder FRANKFURT (Reuters) – BMW’s Chief Executive Harald Krueger on Tuesday said there are no plans for the Bavarian carmaker to take a stake in rival Daimler as the two carmakers continue talks… Continue reading BMW CEO rules out taking Daimler stake as part of deeper alliance

BMW profit falls 74 per cent after provision for possible EU fine

Car maker braces for penalty after probe found collusion to delay the introduction of clean emissions technology Go to Source

BMW Group Quarterly Statement to 31 March 2019

Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com. PressClub Global · Article. Tue May 07 07:34:05 CEST 2019 Press Release Top BMW Group Quarterly Statement to 31 March 2019 Attached please find the Quarterly Statement to 31 March 2019 for download. The telephone conferences for journalists and… Continue reading BMW Group Quarterly Statement to 31 March 2019

BMW Group’s operational performance on course

Munich. Within a challenging market environment, the BMW Group has started the financial year 2019 in line with expectations in operational terms. Contrary to the prevailing trend in the sector, the Group’s attractive and significantly younger model range enabled the company to set a new record in terms of deliveries to customers in the first… Continue reading BMW Group’s operational performance on course

Comparing GenZe Electric Bicycle & BMW i3 — Seriously

Invest
Electric Cars
Electric Car Benefits
Electric Car Sales
Solar Energy Rocks
RSS
Advertise
Privacy Policy

Bicycles

Published on May 5th, 2019 |

by Cynthia Shahan

Comparing GenZe Electric Bicycle & BMW i3 — Seriously

Twitter
LinkedIn
Facebook

May 5th, 2019 by Cynthia Shahan

Of the three e-bicycles I have been traveling on, the GenZe offers the most in terms of exercise. Even on the full electric assist, I find myself pumping and circulating my blood more than with the others. I love all of them for their electric assist, but one of the reasons I prefer to bicycle is for exercise. I was getting too complacent and lacking that exercise, so I felt that along with preventing emissions, I could save my body and brain from more rapid degeneration.

I was once accustomed to doing 9 hours a day of farming, harvesting 500 pounds of cucumbers at the end of an 8 hour day. I have transitioned to becoming lazier due to the Florida sun, which is just too much for humans, especially older humans if out for too many hours of the day. Becoming a bit too physically complacent, it seemed that giving up a car and bicycling seemed wise to get me out and moving.

The GenZe 2.0 is as wonderful on pure electric cruise as are both the Blix Aveny and Jetson Journey I’ve been enjoying. One thing I like about the flexible e-bike is that I can turn on the electricity when I want, saving it for the harder portions of a journey. As I completed a 15-mile e-bike journey the other day, I found myself thinking of turning it fully on. I had been saving the cruise till I got close to home to be sure I could coast at the end, when the sun was more direct and I was more dehydrated.

Check out more of the GenZe technology in Nicolas Zart’s “The New GenZe e-201 E-Bike — Connectivity Is The Name of The Game (Part 2)” (or via the company’s website link above).

What I found is that I could have cruised on full assist earlier on in the trip without fearing a depleted battery. Because, even using the highest assist possible at the end of my journey, I arrived home with a nearly full battery. From my experience, I would have seen a more depleted battery on the same trip with the Jetson Journey e-bicycle or Blix Aveny e-bicycle. They seem to spring in much more energy with pedal assist on, but that also means the battery goes down more rapidly.

The sun of spring in Florida took hold, and my son asked me to drive his BMW i3 a bit to keep it charged while he’s traveling. Once inside the BMW i3 a few times, I have to admit, I grew complacent about my bicycling all too quickly. Initially, years back when I compared the BMW i3 to the Tesla Model S and Nissan Leaf, I preferred the BMW i3 in most ways, but found the back seat of the Nissan Leaf more spacious.

Well, I can honestly say, driving the BMW i3, it would be impossible for me to choose the Nissan Leaf over the BMW i3 now. (I did have a Leaf for 3 years.) The front view out the BMW i3 is the most amazing view of any car I have driven. Instead of feeling like one has to sit up more to see the road in front, that wonderful view out the front windshield slides down perfectly, as opposed to most views that have that plastic dash obtusely in front of the driver. I do honestly wonder, do I even prefer it to the minimalistic Tesla Model 3? I like the Model 3, of course, but I’ve only driven one a little bit. Maybe I need to compare again.

I wonder, though, what I love about the i3. Is it also that the BMW i3 uses recycled materials that make for a more natural textural experience inside the EV — like no other EV or car I’ve experienced? It’s nice to be gone with that awful feeling of, ‘yes, I am not spewing emissions, but I am still participating in that excessive plastic production.’ Yuck.

The smooth, quiet ride — available with all fully electric vehicles — casts a bubble of softness onto the concrete roads. The dash is not only recycled but simply cooler than the Nissan Leaf’s. In fact, the coolness of this car remains, in my opinion, unsurpassed. It is futuristic, as are many EVs, but with a touch of moonlight from the full moon evening. As one turns on or off the i3 with a push on the key fob, the lights come on for one first or last look inside. It is an immensely beautiful moment of a moonlight kind of blue.

The i3 is so lightweight that one feels lifted off the ground, but centered and agile, much more so than with the Nissan Leaf. And, again, there is just something about the dash of this EV that adds a feeling of weightlessness and control at the same moment.

I started wondering, as did my daughter, if this EV would be useful in the mountains. After all, it has 40 miles of gas backup with the range extender. We’re still not sure, though. If there are any BMW i3 REx drivers in the mountains, please let us know how the EV works for you?

As Mira suggests, though, once we get some of those wild mustangs to roam around outside the house (rather than be killed off for cattle ranching land), what we definitely will need is a Tesla Truck, for farm life and all. We’ll make sure we have an e-bicycle or three, as well.

Skipping dreams of horses and a Tesla truck for now, I have a special place in my heart and mind for safe car-free living in the city when possible. With that in mind, remember that May is National Bike Month.

“National Bike Month includes an ever-expanding diversity of events in communities nationwide — but the biggest day of the month is Bike to Work Day,” the League of American Bicyclists reminds us. “In 2019, Bike to Work Week will be May 13–19, with Bike to Work Day on Friday, May 17.”

GenZe, reminding me to get back to the lively habit of bicycling for transportation, also sent an email reminding us about Bike Month (and some special sales):

“e-Bikes are a big part of this celebration. In fact, if the goal of National Bike Month is celebrating those who commute exclusively on two-wheels, e-Bikes do an even better job of replacing your car than a conventional bicycle!

“GenZe is celebrating National Bike Month (and “Bike to Work Week” May 13-19) this year with a major sale on “Nearly New” e-Bikes. Similar to the Black Friday deal we shared in November, GenZe is clearing out e101 and e102 (100-Series) e-Bikes that were used for store demos or event displays – even some with zero miles, at unbelievable prices starting at $699.”

About the Author

Cynthia Shahan Cynthia Shahan started writing by doing research as a social cultural and sometimes medical anthropology thinker. She studied and practiced both Waldorf education, and Montessori education. Eventually becoming an organic farmer, licensed AP, anthropologist, and mother of four unconditionally loving spirits, teachers, and environmentally conscious beings born with spiritual insights and ethics beyond this world. (She was able to advance more in this way led by her children.)

Advertise with CleanTechnica to get your company in front of millions of monthly readers.

CleanTechnica Clothing & Cups

Breaking! Tesla Slashes Leasing Costs On Model 3 — $399 A Month!

Invest
Electric Cars
Electric Car Benefits
Electric Car Sales
Solar Energy Rocks
RSS
Advertise
Privacy Policy

Cars

Published on May 3rd, 2019 |

by Paul Fosse

Breaking! Tesla Slashes Leasing Costs On Model 3 — $399 A Month!

Twitter
LinkedIn
Facebook

May 3rd, 2019 by Paul Fosse

I haven’t seen an announcement, but noticed on Twitter people talking about a $399 per month lease on a Tesla Model 3! Comparing the old deal to the new deal, the down payment required has gone up by $1,500, from $3,000 to $4,500, but the monthly payment has gone down from $504 a month to $399 a month. That more than makes up for the higher down payment — $105 times 36 months is $3,780, and subtracting the $1,500 increase in down payment brings you to $2,280 in savings).

Screenshot from Tesla.com

Screenshot from BMWUSA.com

Just doing a quick comparison to the competition in my area, the Model 3 lease is now much closer to the leasing costs of a BMW 3 Series.

As we’ve covered many times, a Tesla is much cheaper to drive than a BMW when you include gas savings, but the upfront costs and monthly car or lease payments have frequently been higher. I wonder if this has to do with the capital raise that Tesla just made? It was very well received on Wall Street, so maybe some of that money allows Tesla to use a lower interest rate factor.

Even though $399 a month is the headline number, I consider it a much better deal to get the 15,000 miles a year for $41 a month more (50% more miles for 10% more money a month and no increase in other costs — see image above).

Conclusion
I am a person who likes to keep my cars for 10 years, so leasing doesn’t tend to work well for me. I also don’t think this is a good deal for people who are excited about full self driving (FSD). You only get the car for 3 years, and if FSD is delayed or not approved for use in your state, you may end up paying for nothing, or close to nothing. When you buy FSD, you get it forever for $6,000, a much better deal than the $95 a month you pay if you order FSD on a lease.

But if you have been waiting for a lower monthly payment for your Tesla and you can swing the $5,635 due at signing, I’d order this soon before the price goes up! Tesla has been making frequent price changes this year, so if you find a price you want, you should order it when you see it!

If you want to take advantage of my Tesla referral link to get 1,000 miles of free Supercharging on a Tesla Model S, Model X, or Model 3, here’s the link: https://ts.la/paul92237 (if someone else helped you, please use their code instead of mine).

About the Author

Paul Fosse A Software engineer for over 30 years, first developing EDI software, then developing data warehouse systems. Along the way, I've also had the chance to help start a software consulting firm and do portfolio management. In 2010, I took an interest in electric cars because gas was getting expensive. In 2015, I started reading CleanTechnica and took an interest in solar, mainly because it was a threat to my oil and gas investments. Follow me on Twitter @atj721 Tesla investor. Tesla referral code: https://ts.la/paul92237

Advertise with CleanTechnica to get your company in front of millions of monthly readers.

CleanTechnica Clothing & Cups

The BMW 8 Series Gran Coupe – a four-door sports car of sublime elegance and modern luxury.

Munich. The BMW Group is revealing another new addition to the BMW 8 Series range as it presses ahead with its model offensive in the luxury segment. Following the successful launch of the BMW 8 Series Coupe and BMW 8 Series Convertible, the carmaker is now offering the first glimpse of the new BMW 8 Series Gran Coupe. This four-door sports… Continue reading The BMW 8 Series Gran Coupe – a four-door sports car of sublime elegance and modern luxury.