BMW sales fall, so too does German investor confidence

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world’s media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn… Continue reading BMW sales fall, so too does German investor confidence

BMW Trails Mercedes, Audi in China With Sales Drop in May

LISTEN TO ARTICLE SHARE THIS ARTICLE BMW sales in China, the carmaker’s biggest national market, dropped for the first time in over two years in May after buyers delayed purchases, hoping for better deals following a cut in import duties. Deliveries of BMW-brand and Mini city cars in China fell 10 percent in May compared… Continue reading BMW Trails Mercedes, Audi in China With Sales Drop in May

BMW says May sales of BMW, Mini vehicles dip due to China tariffs

FRANKFURT (Reuters) – BMW (BMWG.DE) said vehicle sales fell 2.1 percent in May, weighed down by China tariffs, the launch of a new model, and a 13.6 percent drop in German deliveries as cities like Hamburg started banning older diesel vehicles from key streets. BMW said plans to retool its China factory to produce the… Continue reading BMW says May sales of BMW, Mini vehicles dip due to China tariffs

Over a million BMW Group vehicles delivered in first five months of 2018

Munich. The BMW Group has sold more vehicles than ever before in the first five months of the year: more than a million customers worldwide have already taken delivery of their new BMW, MINI or Rolls-Royce vehicle in 2018 (1,003,573 / +1.6%). This record result was achieved despite the ongoing global ramp-up of BMW X3… Continue reading Over a million BMW Group vehicles delivered in first five months of 2018

Billions investment planned in Thuringia: Chinese are duping German industry with battery project

All articles and backgrounds 06/12/2018 Billions invested in Thuringia planned Chinese are duping German industry with battery project ford The Chinese battery giant CATL apparently wants to build a large production facility in Germany and invest up to one billion euros for it. News Agency reports “Bloomberg” and the “Thuringian General” According to the announcement… Continue reading Billions investment planned in Thuringia: Chinese are duping German industry with battery project

Daimler forced to recall Mercedes with defeat devices

The German government has ordered car maker Daimler to recall 238,000 vehicles in Germany after they were found to be fitted with emissions-cheating software. Across Europe a total of 774,000 diesel vehicles contain “defeat devices” and Daimler said it would recall them all. The diesel versions of the Mercedes C-Class, Vito and GLC models are… Continue reading Daimler forced to recall Mercedes with defeat devices

VW’s Skoda says might outsource production to meet demand

BERLIN (Reuters) – Volkswagen’s (VOWG_p.DE) Czech brand Skoda said on Monday it might outsource some production to a contract manufacturer as the division looks to respond to booming demand. FILE PHOTO: A Volkswagen (VW) logo is pictured next to a logo of Skoda during the second media day of the 86th International Motor Show in… Continue reading VW’s Skoda says might outsource production to meet demand

Press Release No. 14/2018 – Number 1 of the segments in the May 2018

date 06/06/2018 Flensburg, 6 June 2018. In the reference month of May 2018, the most frequently approved models in the segments except for a change in the previous month. In the upper middle class registered in May the Mercedes E-Class most registrations , in April it was the BMW 5 Series. The new registration statistics… Continue reading Press Release No. 14/2018 – Number 1 of the segments in the
May 2018

BMW Is in Limbo With Brazil Stalling on Industrial Policy

LISTEN TO ARTICLE SHARE THIS ARTICLE BMW’s Brazil plans are going nowhere. The country’s luxury vehicle segment is growing in 2018 for the first time in three years, and the German carmaker says it’s selling twice as fast as its peers — and that’s still not enough with Brazil failing to implement policy, on top… Continue reading BMW Is in Limbo With Brazil Stalling on Industrial Policy

Billionaire Bollore Gets Political Grief for Paris Electric Cars

LISTEN TO ARTICLE SHARE THIS ARTICLE Seven years ago, French billionaire Vincent Bollore started one of the world’s first electric car-sharing services, deploying thousands of gray hatchbacks across Paris and drawing in more than 150,000 subscribers for jaunts around the city or shopping trips in the suburbs. Now, amid widening losses and criticism that the… Continue reading Billionaire Bollore Gets Political Grief for Paris Electric Cars