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Today the BMW Group celebrated the opening of its first Driving Center in Asia, located in Incheon, Korea. The investment totals 75.5 million US Dollars up to 2020 (77 billion Korean won), and around100 new…
Horatiu Boeriu / July 14, 2014
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The BMW Group sold more than a million vehicles in the first half of 2014, more than ever before in the first six months of the year. A total of 1,020,211 vehicles were delivered to…
Horatiu Boeriu / July 8, 2014
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The BMW Group will build a new plant in Mexico in close proximity to the city of San Luis PotosĂ in the state of the same name. This move is in line with the company’s…
Horatiu Boeriu / July 3, 2014
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According to latest reports, BMW CEO Norbert Reithofer is declaring war on costs: a nearly $5.5 billion war.The rising costs and lower profit margins are the reason behind the plan. The Bavarian Motors boss wants…
Horatiu Boeriu / June 19, 2014
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BMW Group April deliveries total 162,093, increase of 4.3%
by Horatiu Boeriu / Date: May 13, 2014
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The pissing contest between Audi and BMW continues today with a new episode. After poking fun at each other with billboards and then fighting over first-to-market laser headlights technology, the Ingolstadt-based automaker announces today a…
Horatiu Boeriu / May 9, 2014
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Due to the high demand for carbon fiber in automotive production, SGL Automotive Carbon Fibers is going to triple the capacity of the carbon fiber plant in Moses Lake, WA (USA). This has been announced…
Horatiu Boeriu / May 9, 2014
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New four-cylinder diesel engines strengthen the BMW 5 Series’ efficiency lead – additional engine variants and BMW xDrive for the BMW 2 Series Coupe, the BMW 4 Series Convertible and the BMW 4 Series Gran…
Horatiu Boeriu / May 9, 2014
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According to our sister-magazine Bimmertoay, quoting the Dutch newspaper De Telegraaf, the exotic automaker Wiesmann has hardly any chance to survive in the competitive car market. Back in August 2013, the company filled for bankruptcy…
Horatiu Boeriu / May 8, 2014
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BMW Group subsidiary DriveNow, a flexible, premium car-sharing program, will expand to offer street parking in multiple neighborhoods in San Francisco, beginning in select areas of the Mission District and will add 80 electric BMW…
Horatiu Boeriu / May 8, 2014
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First-quarter sales volume, revenues and earnings were all up on the previous year, underpinning the BMW Group’s position as the world’s leading premium car company. Group revenues rose by 3.9% to € 18,235 million in the…
Horatiu Boeriu / May 6, 2014