German Handelsblatt: Car manufacturer: BMW caps sales target and warns of “economic headwind”004927

At first glance, things are going splendidly at BMW. The Munich-based carmaker significantly increased sales, earnings and margins in the first half of the year. Business is booming. The bottom line is a record result of 13.2 billion euros in the books, as the group announced on Wednesday. That corresponds to an increase of 74… Continue reading German Handelsblatt: Car manufacturer: BMW caps sales target and warns of “economic headwind”004927

German Manager Magazin: Special effect spoils BMW’s profit001954

The Munich carmaker bmw is preparing for a headwind after an increase in sales in the second quarter. Business conditions are likely to remain difficult in the second half of the year, the company said on Wednesday. “Inflation and interest rate increases, which will also shape the macroeconomic environment in the coming months, will have… Continue reading German Manager Magazin: Special effect spoils BMW’s profit001954

German Handelsblatt: Chinese electric cars: BYD starts in Germany – and could become as dangerous for VW, BMW and Mercedes as Tesla004925

BYD Han The upper mid-range electric sedan is about the same size as the Tesla Model S. (Photo: IMAGO/VCG) Would you buy a Chinese car? “Not really,” says a young woman. A man with a three-day beard shakes his head. “I don’t intend to do that,” explains a passer-by. And a pedestrian says, “I think… Continue reading German Handelsblatt: Chinese electric cars: BYD starts in Germany – and could become as dangerous for VW, BMW and Mercedes as Tesla004925

German Handelsblatt: Car manufacturer: BMW caps sales target and warns of “economic headwind”004924

At first glance, things are going splendidly at BMW. The Munich-based carmaker significantly increased sales, earnings and margins in the first half of the year. Business is booming. The bottom line is a record result of 13.2 billion euros in the books, as the group announced on Wednesday. That corresponds to an increase of 74… Continue reading German Handelsblatt: Car manufacturer: BMW caps sales target and warns of “economic headwind”004924

Electrify Expo: EV Interest Soars as North America’s Largest Electric Vehicle Festival Comes To NY

Data Shows EV Test Drives Increase Purchase Interest All New Car Sales in NY to be Zero emissions (EV) by 2035 Outdoor EV Festival Offers Ability to Ride, Drive, Demo, and Feel the Exhilarating Thrill of All Things “EV” LONG ISLAND, N.Y., Aug. 3, 2022 /PRNewswire/ — Electrify Expo, North America’s largest electric-vehicle festival, charges… Continue reading Electrify Expo: EV Interest Soars as North America’s Largest Electric Vehicle Festival Comes To NY

German Handelsblatt: Chinese electric cars: BYD could become as dangerous to VW, BMW and Mercedes as Tesla004923

BYD Han The upper mid-range electric sedan is about the same size as the Tesla Model S. (Photo: IMAGO/VCG) Would you buy a Chinese car? “Not really,” says a young woman. A man with a three-day beard shakes his head. “I don’t intend to do that,” explains a passer-by. And a pedestrian says, “I think… Continue reading German Handelsblatt: Chinese electric cars: BYD could become as dangerous to VW, BMW and Mercedes as Tesla004923

German Handelsblatt: Chinese electric cars: BYD could become as dangerous to VW, BMW and Mercedes as Tesla004920

BYD Han The upper mid-range electric sedan is about the same size as the Tesla Model S. (Photo: IMAGO/VCG) Would you buy a Chinese car? “Not really,” says a young woman. A man with a three-day beard shakes his head. “I don’t intend to do that,” explains a passer-by. And a pedestrian says, “I think… Continue reading German Handelsblatt: Chinese electric cars: BYD could become as dangerous to VW, BMW and Mercedes as Tesla004920

German Handelsblatt: Chinese electric cars: BYD could become as dangerous to VW, BMW and Mercedes as Tesla004918

Would you buy a Chinese car? “Not really,” says a young woman. A man with a three-day beard shakes his head. “I don’t intend to do that,” explains a passer-by. And a pedestrian says: “I think I’m a long way from buying a Chinese car.” A little later, two of the four interviewees in the… Continue reading German Handelsblatt: Chinese electric cars: BYD could become as dangerous to VW, BMW and Mercedes as Tesla004918

Cleantechnica: Norway’s Plugin Market Share Drops, BEVs Still Growing 002150

Norway, the leading country in the electric transport transition, saw a rare annual drop in plugin electric vehicle share in July 2022, to 83.0% from 84.7% year on year. Full electrics grew share modestly (70.7%, from 64.1% YoY) by plugin hybrids lost share (12.3%, from 20.6%). The overall auto market was down 31% in volume… Continue reading Cleantechnica: Norway’s Plugin Market Share Drops, BEVs Still Growing 002150

From the archive: on this day in 2005

At the turn of the millennium BMW was no stranger to massive numbers, with the BMW M5 and BMW M6 having spec sheets comparable with the likes of Ferrari and Lamborghini. It’s therefore unsurprising to learn that in 2005 we caught wind of the firm developing a replacement for the ill-fated Z8, also meant to serve as… Continue reading From the archive: on this day in 2005