BMW – Page 1780 – I wish I had more to offer

BMW Group’s Regensburg plant honoured by World Economic Forum

BMW Group's Regensburg plant honoured by World Economic Forum

BMW sold over 140,000 EVs in 2018

“Since launching the BMW i3 in 2013, the BMW Group has rapidly grown its sales of electrified vehicles.” New Delhi: Luxury carmaker BMW Group on Thusrday said that the company has sold more than 140,000 electrified (battery-electric and plug-in hybrid) vehicles in 2018 worldwide. In total, the company delivered 142,617 units of electrified BMW and… Continue reading BMW sold over 140,000 EVs in 2018

Leading the way in digitalisation: World Economic Forum in Davos names BMW Group Plant Regensburg ‘Lighthouse of the Fourth Industrial Revolution’

Munich/Regensburg. The World Economic Forum (WEF) has today named BMW Group Plant Regensburg a ‘Lighthouse of the Fourth Industrial Revolution’, acknowledging its pioneering role in the digitalisation of industrial production. The honour was bestowed after an in-depth selection process which saw the WEF examine around 1,000 production facilities in various industry sectors. A total of… Continue reading Leading the way in digitalisation: World Economic Forum in Davos names BMW Group Plant Regensburg ‘Lighthouse of the Fourth Industrial Revolution’

Info-graphics on Electromobility (January 2019)

Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com. PressClub Global · Article. Thu Jan 10 11:00:00 CET 2019 Press Release Overview of brands and their shares in the Electromobility markets for various countries. Source: IHS Markit New Registrations 2018. (04.01.2019 report) My.PressClub Login BMW Group Streaming. LA AUTO… Continue reading Info-graphics on Electromobility (January 2019)

Rolls-Royce enjoys record car sales after US tax cuts

Luxury nameplate posts 22% rise as rich buyers splash out Go to Source

Carmaker Rolls-Royce urges UK’s May to avoid a hard Brexit

LONDON (Reuters) – Carmaker Rolls-Royce called on the British government to avoid a disorderly Brexit and said it was building up some stock, expanding warehouse capacity and training suppliers for customs changes in case Britain leaves the EU without a deal. FILE PHOTO: Rolls-Royce Motor Cars Chief Executive Officer, Torsten Mueller-Oetvoes, gestures as he is… Continue reading Carmaker Rolls-Royce urges UK’s May to avoid a hard Brexit

eMotorWerks lays groundwork for vehicle-to-grid charging

eMotorWerks JuiceBox wall mount charging Tesla Model X
At first blanch, a new business agreement between home charger manufacturer eMotorWerks and utility software provider LO3 Energy sounds strictly like the stuff of dull business contract lawyers.

Dig a little deeper, though, and it could be the kernel of the next generation electrical system, long discussed, but never-quite-practical vehicle-to-grid infrastructure.

As many electric-car drivers know, eMotorWerks builds networked JuiceBox home chargers, some faster than most others, that allow users to program them via the internet to start and stop charging as energy rates fluctuate. The boxes access live rate information as they let drivers program when they need a full charge in their car, so the car will be fully charged, at the lowest possible cost, before they need to go. (Users can also do simpler things, like check on the car's state of charge and set it to start and stop remotely, from a cell-phone app.)

eMotorwerks JuiceBox Pro 40 networked home EVSE electric-car charging station

LO3 Energy provides software that allows utilities to trade electricity on the grid, setting prices and managing supply and demand to ensure seamless power delivery to end users. It ensures that when you're connected to the grid, especially if you've signed up for green or renewable electricity, when you flip the switch on your wall, the light goes on—and the energy is produced by whatever source you signed up for.

The eMotorWerks JuiceNet platform enables control over local energy flows, while LO3’s software enables energy trading on local networks at set prices.

The tie-up between the companies, announced last month, aims to demonstrate that not only can JuiceBox users get the lowest available rates, they can also ensure that they get power supplied to their plug-in cars from appropriately renewable sources.

READ MORE: Utility V2G test with BMW shows electric cars can aid the grid

In their latest agreement, the companies plan to select an LO3 microgrid site, such as one the company operates in Brooklyn, New York, to demonstrate the program. (It could select a different LO3 microgrid.) The pilot project is expected to show how spreading charge times across multiple cars can reduce peak demand on the grid while still charging all the cars that need to get charged.

The companies point to an eMotorWerks demonstration project announced in September in California as an example. It uses 6,000 electric-car chargers to balance up to 30 mega-watts of renewable power in the state, to reduce on-peak demand for non-renewable power—the equivalent of 120,000 home air conditioners.

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Tesla Model 3 Used Car Stats As Depressing For BMW & Audi As New Car Sales

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Published on January 6th, 2019 |

by Michael Barnard

Tesla Model 3 Used Car Stats As Depressing For BMW & Audi As New Car Sales

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January 6th, 2019 by Michael Barnard

The Tesla Model 3 has many superlatives associated with it. The most pre-orders of any production car ever. The highest volume sales of any small or midsize luxury sedan in the USA. The highest revenue for any car sold in the USA for the last 4–6 months of 2018. The fewest buttons, switches, and dials of any car.

But there’s another superlative.

The fewest used cars available. By an order of magnitude.
Autotrader is the largest online used car site in the USA. A search for second-hand Tesla Model 3s on January 1st found 78 Tesla Model 3s for sale on the site. There were roughly 140,000 Tesla Model 3s sold in 2018 when you include likely December sales per earlier CleanTechnica reporting.

78 used cars represents about 0.06% of the Tesla Model 3s on the road. That number doesn’t seem that high.

Using the November sales chart, I also looked at the cars which ranked just above and below the Model 3 in January–November 2018 sales volume. Checking for used 2018–2019 Chevy Malibus on Autotrader, there are over 1,000 for sale right now, and there were only a few more of them built and sold in 2018 than the Model 3. There are 986 used 2018–2019 Ford Focuses available for sale right now, 13 times more than Tesla Model 3s, with fewer built and sold. That’s about 0.8% that are up for resale.

There’s an order of magnitude fewer Tesla Model 3s for sale than cars which sold in equal numbers in 2018 in the USA.

But what about its closest competitors, small, luxury, performance sedans such as the BMW 3 Series and the Audi A4? They have similar price points and target demographics, so are arguably better to compare to the Model 3 than either the Malibu or Focus.

New Tesla Model 3s outsold new 3 Series and A4s by a large margin in 2018 in the USA, three to four times the sales volume. But going back to Autotrader and looking solely at used 2018–2019 cars for sale is instructive. There are over 1,000 BMW 3 Series available right now for those model years. There are 502 Audi A4s available. There are 7 to 13+ more used new-model BMWs and 6 times as many Audi A4s for sale as Tesla Model 3s.

Let’s run the numbers a slightly different way. If all else were equal, the number of cars available used should be aligned to the number of cars sold. The ratios should be relatively close. There were more BMW 3 Series sold than Audi A4s and there are more available used. The ratio isn’t perfect, as new is roughly 4:3 and used is in the range of 2:1, but the principle applies.

When we look at Tesla vs BMW, we see a ratio of 3:1 new and 1:13 used. Really, the way to look at this is that potentially 40 times as many BMW owners are dumping their new 3 Series as Tesla owners are doing with their Model 3s. Audi is 4:1 and 1:7. There are about 30 times as many Audi owners dumping their A4s as Tesla owners.

There were certainly anecdotal stories of people who bought the two-wheel drive as soon as they could but then put down the more serious money for the AWD or Performance version when it was made available. And there are certainly people who were speculating on the Model 3, intending to make a fast buck by flipping it to people who wanted one.

But what about mileage? Well, a scan of the mileage on Autotrader found a range from 11 miles to 14,000 miles on the cars. There were some that were obviously bought to flip second hand with 11 to 45 miles on them. There were some in the 1,000–2,000 range. The majority were in the mid-1,000s. There were a handful over 10,000, which is reasonable given annual mileage averages in the USA are about 13,500.

Did some people buy to flip? Yes, and no surprise. They probably did okay in June, but wouldn’t be doing okay today with Tesla running 6,000–7,000 a week. Speculation on the Model 3 for quick flips is more a thing of the past, although obviously this does suggest that resale value remains high. Some of the variance can be explained by high demand for used Model 3s, meaning that used inventories remain low.

But really, the statistics show that Tesla Model 3 owners are very happy with their cars and keeping them. Demand is very strong for the newest Tesla. For BMW and Audi? Not so much.

About the Author

Michael Barnard is Chief Strategist with TFIE Strategy Inc. He works with startups, existing businesses and investors to identify opportunities for significant bottom line growth and cost takeout in our rapidly transforming world. He is editor of The Future is Electric, a Medium publication. He regularly publishes analyses of low-carbon technology and policy in sites including Newsweek, Slate, Forbes, Huffington Post, Quartz, CleanTechnica and RenewEconomy, and his work is regularly included in textbooks. Third-party articles on his analyses and interviews have been published in dozens of news sites globally and have reached #1 on Reddit Science. Much of his work originates on Quora.com, where Mike has been a Top Writer annually since 2012. He's available for consulting engagements, speaking engagements and Board positions.

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Mercedes’ new CLA coupe loaded with high-tech extras in clear pitch to millennial luxury buyers

Source: Mercedes-Benz
2020 Mercedes-Benz CLA 250 Coupe

In a clear pitch to millennials, Mercedes has loaded its second-generation CLA coupe unveiled at the Consumer Electronics Show in Las Vegas this week with new digital technology, including the its first semiautonomous driving system.

With a starting price tag at under $30,000, the CLA's launch in 2013 brought in a wave of young, first-time luxury buyers Mercedes hopes will move up to more expensive models in the years to come. A visually striking coupe-like sedan, the CLA quickly became the fastest-growing model in the Daimler subsidiary's history.

The 2020 CLA is slightly bigger than the original coupe and will have the ability to operate hands-free under specific conditions, primarily on divided highways. It even can make a pass automatically; the driver simply tapping on the turn signal when operating in semiautonomous mode.

“The new edition of the CLA has been developed further in an intelligent way and is even more emotional and sportier than its predecessor,” said Britta Seeger, global head of Mercedes-Benz cars marketing and sales.

The coupe-like sedan also becomes just the second Mercedes model to offer the automaker's new voice-control system, MBUX, short for the Mercedes-Benz User Experience. Unveiled at the 2018 CES, it works much like the Amazon Alexa voice assistant — which can also be accessed from inside the cabin. Speak the system's wake words, “Hey, Mercedes,” and it comes to life. It can be used to set a destination, play music and do a variety of other functions that go well beyond the more basic voice-control technology found in most of today's new cars.

The system was first rolled out last year on the new A-class sedan. It is being updated this year, Mercedes announced at CES this week, for the 2020 CLA. Among other things, it now can answer more complex questions, and it can recognize who, in a crowded car, was the one who called for its help.

Visually, the 2020 remake doesn't stray far from the design of the original CLA, though it has a more sporty feel, with “power bulges” on the hood and the cabin moved slightly rearward. The interior has been upgraded, as well, to be more in line with what customers would expect of a vehicle badged with the familiar Mercedes tri-star. The original model was faulted for its comparatively Spartan interior.

Buyers will have a wide range of options, including many of the high-tech features, such as LED headlamps. Mercedes is still aiming to bring in first-time luxury buyers with a relatively low base price. The original 2013 CLA began at just under $30,000. The outgoing version now starts at $33,100. The automaker won't release pricing on the 2020 model until closer to its on-sale date late this year.

Source: Mercedes-Benz
2020 Mercedes-Benz CLA 250 Coupe

Two versions of the new CLA were announced in Las Vegas, the front-wheel-drive CLA 250 and all-wheel-drive CLA 250 4Matic. They will share the same turbocharged 2.0-liter inline-four making 221 horsepower and 258 pound-feet of torque. The engine is paired with a seven-speed dual-clutch transmission. As with the outgoing model, a more powerful version developed by the Mercedes-AMG subsidiary, will follow.

The CLA shares the same underlying platform as several other new Mercedes products, a list that includes the 2019 A-class, a more boxy sedan that was introduced to the U.S. market for the first time last year. An updated version of the brand's crossover utility vehicle, the GLA, is expected to debut in the near future. With the ongoing shift from passenger cars to light trucks, the GLA has been gaining momentum at the expense of the sedans.

But Mercedes is trying to cover as many bases as it can in the small-car segment, eventually planning to have seven different models available globally.

It's by no means the only luxury automaker stretching down to attract youthful buyers on a budget. BMW, for one, has added 1- and 2-series models, as well as X1 and X2 crossovers, beneath what had once been its entry model, the 3-series.

For its part, Mercedes is hoping that, by luring in new entry-level buyers, it can give more momentum to its North American and global sales. Worldwide, the automaker scored just a 0.9 percent increase in demand last year, to 2.31 million vehicles, with most of that modest gain driven by the Chinese market. As a result, it slipped into second place among global luxury brands for the second consecutive year behind BMW.

Disclosure:
Paul Eisenstein
is a freelancer for CNBC. His travel and accommodations for this article were paid by an automaker.

Top Automotive Industry News for Week of December 17 – December 23, 2018

Here is the most important news associated with the automotive industry
identified by the AEA for the week of December 17, 2018 – December 23,
2018.

We hope it helps you stay up to speed on the key developments in our
industry:

-AEA Membership News-

The next AEA Members Reception will be held on Thursday January 24th,
2019 in San Francio. Invitations have been sent to all current AEA
Members. Annual AEA Member Dues renewal will occur on January 2 nd, 2019. If you have any questions, please contact
memberservices@automotiveexecutives.com

-Automotive Manufacturing News–Automotive Manufacturing News-

Carlos Ghosn vows to 'restore my honor' in first remarks since arrest

(autoblog)

Ford's New Truck-like Explorer SUV To Debut Jan. 9 Ahead Of Detroit
Auto Show

(Forbes)

General Motors hints it could negotiate a way to keep one or more
plants open

(CNBC)

German automakers BMW, Daimler stand to benefit the most if China cuts
US auto tariffs

(CNBC)

Ghosn Rearrested, Now Faces 20 Years in Prison

(Forbes)

GM gets thousands of holiday letters about plant closings

(Detroit Free Press)

IIHS Unveils Top Safety Pick Plus Models for 2019

(The Detroit Bureau)

In the Switch to Electric Vehicles, Expect a Few Giants to Crash

(Bloomberg)

Jeep Wrangler plant uses rotisserie to crank out SUVs

(Detroit Free Press)

Nissan to lay off 1,000 Mexican workers, citing market challenges

(autoblog)

Tesla Survived Manufacturing Hell–Now Comes The Hard Part

(Forbes)

UAW scandal sending union's ex-No. 2 in Fiat Chrysler Department to
prison

(Detroit Free Press)

-Automotive Evolution News-

Daimler, BMW Get U.S. Approval for Mobility Company

(The Detroit Bureau)

How electric cars are slowly moving from niche to something 'people
want to buy'

(CNBC)

Laser Vision Upstart Luminar Reveals Self-Driving Tech Alliance With
Audi's AID Unit

(Forbes)

NHTSA Moves to Accelerate Autonomous Vehicle Petitions

(The Detroit Bureau)

Self-driving bill hits dead end in U.S. Senate

(The Detroit News)

The Year Of The Scooter: The Good, The Bad, And The Road Ahead

(Forbes)

Uber's self-driving cars are back on the road, nine months after a
fatal accident

(CNBC)

Zoox Inc. Snags First California Permit To Transport Passengers In
Self-Driving Cars

(NPR)

-Automotive Retail News-

Beating Predictions, 2018 New Car Sales to Surpass 2017 Results

(The Detroit Bureau)

CarMax's stock drops after earnings beat, but used car sales miss

(MarketWatch)

Fed Raises Interest Rate, Lowers Growth Forecast

(Auto Dealer)

Shopping for a new car? Buy before the Fed rate hike affects car loans

(MarketWatch)

Study: Dealers Overspend on Marketing

(Auto Dealer)

U.S. auto sales seen falling 1% in December, say J.D. Power, LMC

(autoblog)

-Automotive Wholesale News-

Car Values at Auction Continue Decline at Year's End

(Vehicle Remarketing)

-Automotive Ownership News-

'Dramatic drops' in gas prices: Less-than-$2 gas is here for many
American motorists

(USA Today)

-Automotive Enthusiast News-

In a blatant attempt to pull at our heart strings, Chevrolet is
offering an in-car Santa tracker

(CNBC)

The most amazing classic car stories of 2018

(FOX News)

-Automotive Servicing News-

Citing Fire Danger Ford Recalls 410,000 Pickups

(Forbes)

Report: 16.7M faulty Takata air bags still on US roads

(The Detroit News)

The Biggest and Smallest Automotive Recalls of 2018

(Car and Driver)

Tesla Model S catches fire in California town: Fire Department

(CNBC)

-General Business & Executive News-

ACV Auctions continues rapid disruption of $100B wholesale automotive
industry

(PR Newswire)

Car rental company Fair raises $385 million in SoftBank-led funding
round

(Reuters)

CU Direct's credit union network leads in auto loan originations

(Automotive News)

The real problem with the American auto industry

(CNN)

U.S. third-quarter growth trimmed; business spending slowing

(Reuters)

-AEA Reminder-

Did we miss something? Let us know via our

. If you have specific important news going public soon that you would like
to share with your fellow AEA Members, submit your

PR Distribution Request >>

Have a great week,

Member Services

memberservices@automotiveexecutives.com

Automotive Executives Association