Football: BMW is not a sponsor at Bayern Munich – Audi is increasing commitment

BMW The Bavarian car manufacturer had already signed a preliminary contract with the German record champions. (Photo: AP) Munich carmaker BMW is not the competitor Audi as a major sponsor of the Bundesliga football team FC Bayern Munich replace. “BMW will not sponsor Bayern” said a company spokesman for the newspaper “Die Welt”, The club… Continue reading Football: BMW is not a sponsor at Bayern Munich – Audi is increasing commitment

SGL Carbon Presents Composite Battery Enclosures For NIO

The enclosure made from CFRP is 40% lighter and brings several other benefits SGL Carbon, the company that several years ago worked with BMW to introduce i3/i8 mostly-CFRP cars, is currently engaged in making carbon-fiber battery enclosures with various OEMs. According to SGL, demand for lightweight battery enclosures will grow rapidly in the next few… Continue reading SGL Carbon Presents Composite Battery Enclosures For NIO

Bowker Motor opens Porsche dealership in Preston

Lancashire-based Bowker Motor Group has opened a new Porsche Centre in Preston. The 43,000 square feet business features a 35-car showroom and a 13-bay workshop. There are two customer handover bays and two direct dialogue bays, which enable service advisors to demonstrate scope of technical work from every perspective; and, also electric vehicle charging points.… Continue reading Bowker Motor opens Porsche dealership in Preston

Decision postponed for 180 days: Trump makes BMW and Co wriggle longer at Autozöllen

Brendan Smialowski / AFP US President Donald Trump sees car imports into the United States partly as a threat to national security and the domestic economy, but he is afraid of high tariffs on EU car imports for the time being US President Donald Trump postpones the decision on punitive tariffs on European car imports… Continue reading Decision postponed for 180 days: Trump makes BMW and Co wriggle longer at Autozöllen

BMW CEO faces criticism for bad Q1 results and lack of ambitious electric strategy

BERLIN, May 16 (Xinhua) — Harald Krueger, chief executive officer (CEO) of the German luxury car maker BMW, faced a tough audience of shareholders at BMW's Annual General Meeting (AGM) in Munich on Thursday.
“Currently, only bad news comes from BMW,” said Janne Werning from the German fund company Union Investment at the AGM.
Last week, the German car manufacturer reported its first loss in a decade in the main automotive division of BMW in the first quarter of 2019.
The German car maker's operating profits (EBIT) fell by 78 percent to 589 million euros (658.5 million U.S. dollars) in Q1 of 2019, compared to 2.7 billion euros in Q1 of 2018.
BMW's profit margin in the automotive business has been below the company's target value of 8 percent for months.
Although the Munich carmaker sold more cars last year than in the previous year, profit before taxes fell to 9.8 billion euros and are expected to fall below 8.9 billion euros this year.
Daniela Bergdolt, vice presid..

BMW model update measures for summer 2019.

BMW X2 with more standard equipment and new options – New optional extras, exterior paint finishes, leather variants and interior trim strips for the BMW 3 Series Sedan, BMW 8 Series Coupe, BMW 8 Series Convertible, BMW X5 and BMW X7 – New V8 engine, BMW Laserlight and BMW Individual Composition for the BMW 5… Continue reading BMW model update measures for summer 2019.

Daimler and BMW-backed Kapten rides into London with anti-Uber ad campaign

Kapten, the French ride-hailing app backed by Daimler and BMW, has today launched in London, coupled with a feisty ad campaign taking a swipe at Uber’s tax arrangements. It follows Kapten (formerly called “Chauffeur Prive”) obtaining a license from TfL, London’s transport regulator, to operate its private-hire vehicle (PHV) service in the U.K. capital city.… Continue reading Daimler and BMW-backed Kapten rides into London with anti-Uber ad campaign

Mercedes-Benz lays out plan for carbon-neutral future

2020 Mercedes-Benz EQC Edition 1886
Mercedes-Benz's CEO-apparent Ola Källenius laid out a plan Monday, just after the Norway launch of its EQC electric SUV, that outlines the development of an entire “carbon-neutral” passenger-car fleet.

Källenius, currently the head of product development at Mercedes, has been named future Chairman of the Board of management of Daimler, the parent company of Mercedes-Benz starting later this year.

Part of the plan, called Vision 2039, calls to make half the company's models plug in by 2030—either plug-in hybrids or all-electric vehicles.

READ THIS: First Mercedes-Benz EQC rolls off assembly line in Germany

According to a transcript of his speech, Källenius said, “Let’s be clear what this means for us: a fundamental transformation of our company within less than three product cycles. That’s not much time when you consider that fossil fuels have dominated our business since the invention of the car by Carl Benz and Gottlieb Daimler some 130 years ago. But as a company founded by engineers, we believe technology can also help to engineer a better future.”

He laid out plans to electrify the company's vans, trucks, and buses as well as its cars, and said the Mercedes is focusing first on building better electric cars, by bringing “EV performance up and costs down,” he said.

Källenius also doubled-down on Daimler's commitment to developing hydrogen fuel-cell vehicles. “There’s also room and need to continue to work on other solutions,” he said, “for example, the fuel cell or eFuels…. Today, no one knows for sure which drivetrain mix will best serve our customers’ needs 20 years from now. That’s why we encourage policy makers to pave the way for tech neutrality: Let’s fix the target, but not the means to achieve it.”

He noted that in addition to electric buses, the company will also build city buses with fuel cells.

READ MORE: Mercedes joins forces with BMW to build an electric ecosystem

Källenius pointed to the company's car-sharing efforts such as Car2Go as a means to help customers reduce their carbon footprint, and said the company will be making new efforts to encourage its customers who buy EVs to charge them using renewable energy. The company launched an effort in March, in conjunction with BMW's Reach Now, to provide clean power to chargers, and smart home chargers, similar programs at Tesla and Volkswagen.

Of course, electric cars are only as carbon-neutral as the factories that build them. The company plans to convert all of its European factories to renewable energy by 2022, starting with an extension of its main plant in Sindelfingen, Germany, and including the factory in Bremen that builds the EQC and the Kamenz factory in Saxony where the EQC's battery is built.

By 2039, the year that gives the plan its name, the company intends to propagate the changes throughout its worldwide factories as well as its suppliers, using incentives as motivation.

Statement by Harald Krüger, Chairman of the Board of Management of BMW AG, 99th Annual General Meeting of BMW AG in Munich on 16 May 2019

Maintaining our stance. Leading the way. Taking responsibility. To all our shareholders, Here in the Olympic Hall and those watching online, a very warm welcome! I would also like to welcome our associates and all our other guests. This is our 99th Annual General Meeting – an impressive number! We have had our ups and… Continue reading Statement by Harald Krüger, Chairman of the Board of Management of BMW AG, 99th Annual General Meeting of BMW AG in Munich on 16 May 2019