FILE PHOTO: Nicolas Peter, CFO of German luxury carmaker BMW, addresses the company’s annual news conference in Munich, Germany, March 20, 2019. REUTERS/Michael Dalder SHANGHAI (Reuters) – BMW Chief Financial Officer Nicolas Peter said the Bavarian carmaker has no plans to develop a compact vehicle together with a rival German carmaker. “We have no plans… Continue reading AUTOSHOW-BMW says no plans to develop compact vehicle with rival: CFO
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Kia Motors posts global sales of 197,647 vehicles in February
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Kia Motors Corporation announced February 2019 global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 197,647 units sold, which represents a 0.1 percent year-on-year increase. Kia’s best-selling model in global markets in February was Sportage SUV with 39,844 units sold. Overseas sales increased 2.5 percent compared to the previous year, posting 164,425 units. Sportage sales rose by 25.1 percent from the same month last year with 37,630 units sold. Rio subcompact sedan was the second-best seller with 22,273 units sold, followed by Picanto (Morning) mini car with 15,089 units sold. Sales in Korea totaled 33,222 units, representing a decrease of 10.2 percent from the same month of 2018. Kia’s best-selling vehicle in February was Sedona (Carnival) minivan for the 11th consecutive month with 4,312 units. K Series models (K3, K5, K7, K9) continued to generate solid sales with 9,311 units, ..
Exclusive: Toyota sells electric vehicle technology to Chinese startup Singulato
BEIJING (Reuters) – Toyota Motor Corp has agreed to sell electric car technology to Singulato, its first deal with a Chinese electric vehicle startup, allowing the fledgling firm to speed up development of a planned mini EV. Singulato workers unwrap a concept car, dubbed the iC3, which is based on a discontinued EV of Toyota,… Continue reading Exclusive: Toyota sells electric vehicle technology to Chinese startup Singulato
Interview Harald Krüger: BMW boss does not just want to rely on electric mobility
Harald Kruger The BMW boss wants to be prepared for the regulatory requirements in different markets. (Photo: Reuters) The BMW-Chef calls for a massive expansion of the charging infrastructure. But unlike Volkswagen Kruger does not want to rely solely on the electric car. The Munich people want to stay flexible in the future if the… Continue reading Interview Harald Krüger: BMW boss does not just want to rely on electric mobility
Byton loses former BMW manager: founder leaves “Tesla killer”
When it came to his Chinese electric car start-up Byton, co-founder Carsten Breitfeld always spoke like a newly-baked father, who finally holds the long-awaited wish child in his arms. “It feels like a dream to show our baby to the world,” he said just over a year ago when he proudly presented the prototype of… Continue reading Byton loses former BMW manager: founder leaves “Tesla killer”
Ford Invests In Solid Power For Future Solid-State Batteries
Is Ford moving forward on solid-state batteries? As most legacy automakers move forward with electric, autonomous, and shared vehicles, we will continue to see partnerships and new programs popping up. Take GM for example, as it bought out Cruise Automation, fired up Maven, and joined forces with Waymo. More Ford EV News: A recent press… Continue reading Ford Invests In Solid Power For Future Solid-State Batteries
The first-ever BMW X7 – Additional pictures and footage.
Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com. PressClub Global · Article. Thu Apr 11 09:51:32 CEST 2019 Press Release Please find attached on location pictures and footage of the International Media Launch of the first-ever BMX X7. Please find attached on location pictures and footage of… Continue reading The first-ever BMW X7 – Additional pictures and footage.
BMW Group sales up 2.8% in March, beating market trends in several major markets
Munich. March 2019 was the best-ever single sales month in the BMW Group’s history with a total of 263,319 premium BMW, MINI and Rolls-Royce vehicles delivered to customers, an increase of 2.8% on the same month last year. Across the first quarter of the year, the company maintained sales at last year’s high level, with… Continue reading BMW Group sales up 2.8% in March, beating market trends in several major markets
BMW relies on VR and AR in production
In production, BMW is increasingly focusing on augmented reality (AR) and virtual reality (VR). The graphic representations of AR and VR are getting better and better BMW says it’s hard to tell from reality. The impressions are made via glasses or via tablets, which makes them suitable for production or quality control. AR deployment at… Continue reading BMW relies on VR and AR in production
Volkswagen eyes big stake in China partner JAC, taps Goldman: sources
HONG KONG/FRANKFURT (Reuters) – Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motors and has tapped Goldman Sachs as an adviser on the plan, people with direct knowledge of the matter said. FILE PHOTO: FILE PHOTO: A Volkswagen badge on a production line at the Volkswagen… Continue reading Volkswagen eyes big stake in China partner JAC, taps Goldman: sources