Hubertus Troska, Daimler’s China chief, speaks at a launching event for Mercedes-Maybach GLS sports utility vehicle (SUV) ahead of Guangzhou auto show in Guangzhou, Guangdong province, China November 21, 2019. REUTERS/Yilei Sun GUANGZHOU, China/SHANGHAI (Reuters) – Daimler (DAIGn.DE) plans to sell luxury Maybach brand’s first sport-utility vehicle, its China chief executive, Hubertus Troska, said on… Continue reading Daimler brings SUV to luxury Maybach brand’s portfolio
Tag: BMW
Germany fines BMW, Daimler, Volkswagen for forming steel cartel
FILE PHOTO: The BMW logo is seen on the second press day of the Paris auto show, in Paris, France, October 3, 2018. REUTERS/Regis Duvignau BERLIN (Reuters) – Germany’s cartel authority said on Thursday it was fining the country’s three major carmakers – BMW (BMWG.DE), Volkswagen (VOWG_p.DE) and Daimler (DAIGn.DE) – a total of 100… Continue reading Germany fines BMW, Daimler, Volkswagen for forming steel cartel
Jaguar Land Rover chief wants alliances, not a merger
LOS ANGELES (Reuters) – Luxury automaker Jaguar Land Rover’s chief executive told Reuters he is open to more alliances to lower the costs of developing technology, but is not looking for a full-blown corporate merger. FILE PHOTO: The Jaguar logo is shown as the Jaguar F-Pace SUV is introduced during the Los Angeles Auto Show… Continue reading Jaguar Land Rover chief wants alliances, not a merger
BMW orders more than 10 billion euros’ worth of battery cells
FILE PHOTO: The logo of BMW is seen at the LA Auto Show in Los Angeles, California, U.S. November 20, 2019. REUTERS/Lucy Nicholson BERLIN (Reuters) – German carmaker BMW (BMWG.DE) on Thursday said it had ordered more than 10 billion euros’ ($11.07 billion) worth of battery cells from Chinese battery cell maker Contemporary Amperex Technology… Continue reading BMW orders more than 10 billion euros’ worth of battery cells
@BMW: BMW Group forges ahead with e-mobility and secures long-term battery cell needs – total order volume of more than 10 billion euros awarded
Munich / Seoul. The BMW Group is forging ahead with electromobility and deepening its existing business relationships with battery cell manufacturers CATL (Contemporary Amperex Technology Co. Limited) and Samsung SDI. The original CATL order volume of four billion euros announced in mid-2018 will now be increased to 7.3 billion euros (contract duration from 2020 to… Continue reading @BMW: BMW Group forges ahead with e-mobility and secures long-term battery cell needs – total order volume of more than 10 billion euros awarded
@BMW: Partnership for the sound of the future: Hans Zimmer is now official composer and curator for BMW IconicSounds Electric
Santa Monica/Munich. In June 2019 at the #NEXT Gen in Munich, Hans Zimmer and BMW Sound Designer Renzo Vitale presented their jointly developed e-sound for the BMW Vision M NEXT. In Santa Monica Hans Zimmer has now officially announced his partnership with the BMW Group to further develop BMW IconicSounds Electric. Hans Zimmer: “We have… Continue reading @BMW: Partnership for the sound of the future: Hans Zimmer is now official composer and curator for BMW IconicSounds Electric
@BMW: Speeches BMW Group Press Conference Los Angeles Auto Show 2019
Bernhard Kuhnt, President and CEO BMW of North America LLC Good morning, welcome to the BMW Group! We’re excited to be back on the West Coast in LA. If you were with us in 2017, you remember we started with a completely empty stand. We then filled with various new cars and concepts. Those concepts… Continue reading @BMW: Speeches BMW Group Press Conference Los Angeles Auto Show 2019
BMW to install 4,100 new charging points in Germany
BMW plans to install 4,100 charging points at its German locations by 2021. The charging points will include AC and DC fast chargers, and will be powered by renewable energy. Most of the stations will be installed around Munich – other sites include Berlin, Leipzig, Regensburg, Landshut, Wackersdorf, and Dingolfing. BMW anticipates that, by 2021,… Continue reading BMW to install 4,100 new charging points in Germany
BMW in talks with workers about efficiency measures
FILE PHOTO: The BMW logo is seen on a car in Nice, France, April 8, 2019. REUTERS/Eric Gaillard/File Photo FRANKFURT (Reuters) – BMW (BMWG.DE) is in talks with labor representatives and its top suppliers as it seeks to achieve cost savings of more than 12 billion euros ($13.26 bln) by 2022, Chief Financial Officer Nicolas… Continue reading BMW in talks with workers about efficiency measures
Magna to Acquire Wipac Czech s.r.o., Expand Lighting Capabilities
Acquisition to strengthen engineering and electronics competenciesWill increase Magna’s forward lighting engineering capability in EuropeA complement to the 2018 acquisition of OLSA S.p.A.AURORA, Ontario, Nov. 20, 2019 (GLOBE NEWSWIRE) — Magna has agreed to acquire Wipac Czech s.r.o., a premium automotive lighting engineering firm located in Ostrava, Czech Republic. The transaction – Magna’s second lighting… Continue reading Magna to Acquire Wipac Czech s.r.o., Expand Lighting Capabilities