Relations between British builders and distributors have deteriorated

As is the case every year, the NFDA, the leading syndicate of car dealerships across the Channel, has conducted a survey of its affiliates, which highlights the deterioration in the relationship between distributors and licensors. Throughout 2017, relations between distributors and manufacturers across the Channel have deteriorated, according to a survey conducted by NFDA, the… Continue reading Relations between British builders and distributors have deteriorated

Annual figures: BMW makes record profit – and benefits from Trump’s tax reform

BMW boss Harald Krüger Satisfied in Geneva: BMW can present a new record profit. (Photo: AP) BMW Thanks to the US tax reform, the net profit has increased significantly. The surplus climbed in 2017 to 8.7 billion euros, which is 26 percent more than in the previous year, as the Munich car maker announced on… Continue reading Annual figures: BMW makes record profit – and benefits from Trump’s tax reform

Volkswagen boss: German city diesel ban is ‘scary and unnecessary’

Volkswagen boss Herbert Diess has reacted to the recent German court ruling that cities can ban the most heavily polluting diesels, describing the move as “a scary picture and totally unnecessary”. When the ruling was announced late last month, the court also said that Stuttgart should start to impose a year-round ban, while Dusseldorf should also… Continue reading Volkswagen boss: German city diesel ban is ‘scary and unnecessary’

Committed to electric mobility in China: Daimler becomes shareholder of BJEV

Expanding its strategic footprint in the field of New Energy Vehicles (NEV) in China, Daimler acquires a 3.93% stake in Beijing Electric Vehicle Co., Ltd. (BJEV), a BAIC Group subsidiary Hubertus Troska: “The investment in BJEV marks yet another milestone in the strong cooperation between Daimler and BAIC, and it underlines our commitment to the… Continue reading Committed to electric mobility in China: Daimler becomes shareholder of BJEV

From vehicle finance provider to mobility service provider: Mercedes-Benz Bank grows with new products

Contract portfolio grows by 12 percent in 2017 to 26.9 billion euros CEO Franz Reiner: “The trend is towards flexible vehicle use and telematics-based billing.” New offers “InScore” and “Mercedes me Flexperience” Stuttgart – The business model of Mercedes-Benz Bank is transforming rapidly due to substantial changes related to customer needs. The traditional car loan… Continue reading From vehicle finance provider to mobility service provider: Mercedes-Benz Bank grows with new products

2016 Production

World Motor Vehicle Production /  by manufacturer  / by country By country and type  /  passenger cars  /  light commercial vehicles  /  heavy trucks  /  buses and coaches   By manufacturer, make and country Anhui Jac Ashok Leyland Avtovaz Baic BMW Brilliance Byd Changan Chengdu Dayun Changfeng Chery China National Heavy Duty Truck Chongqing Lifan Motor… Continue reading 2016 Production

BMW Mulling Motorcycle Ride-Sharing in Congested Cities

BMW AG would like to start offering up the back seat on motorbikes and scooters to get around congested cities — if the issue of helmets can be solved. “This is definitely an option, but we haven’t found the solution for the second helmet yet,” Peter Schwarzenbauer, who heads BMW’s Mini, Rolls-Royce and motorcycle brands,… Continue reading BMW Mulling Motorcycle Ride-Sharing in Congested Cities

Daimler, Volvo Cars executives skeptical over Geely alliance plan

GENEVA (Reuters) – Executives at Daimler (DAIGn.DE) and Volvo Cars question the viability and industrial logic of a plan by their major shareholder, China’s Geely, to form an auto industry alliance to counter “tech invaders.” FILE PHOTO: The Mercedes star logo of an E Coupe is pictured before the annual news conference of Daimler AG… Continue reading Daimler, Volvo Cars executives skeptical over Geely alliance plan

Electric sportscars blur the need for speed

* Electric supercars have edge on acceleration * Engine, battery performance more important over time -Porsche * Lamborghini sees need to differentiate products in EV era By Andreas Cremer GENEVA, March 7 (Reuters) – Established sports car brands such as Porsche and Lamborghini are losing the speed crown to lesser-known rivals offering electric supercars boasting… Continue reading Electric sportscars blur the need for speed

Pininfarina HK GT: 792bhp coupe concept launched

Pininfarina has revealed its latest joint project with Hong Kong-based Hybrid Kinetic Group – a 792bhp 2+2 coupé with gullwing doors. Like the previous concepts, badged K550 and K750 for the two SUVs and H600 for the saloon, the HK GT has a micro-turbine generator acting as a range extender. The previous concepts’ ranges were quoted at around 621… Continue reading Pininfarina HK GT: 792bhp coupe concept launched