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Tag Archives: bmw group
Forced Labor Official Vehicles – BMW, Jaguar Land Rover, VW
“Automakers are sticking their heads in the sand and then swearing they can’t find any forced labor in their supply chains,” Senator Wyden said. “Somehow, the Finance Committee’s oversight staff uncovered what multi-billion-dollar companies apparently could not: that BMW imported cars, Jaguar Land Rover imported parts, and VW AG manufactured cars that all included components made by a supplier banned for using Uyghur forced labor. Automakers’ self-policing is clearly not doing the job. I’m calling on Customs and Border Protection to take a number of specific steps to supercharge enforcement and crack down on companies that fuel the shameful use of forced labor in China.” Continue reading
Posted in auto news, economy, labor issues, manufacturing, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, bmw group, CCP, forced Chinese labor in Automaker supply chains, jaguar land rover, Ken Zino, oppression of ethnic Uyghurs in Xinjiang, Senate Finance Committee, Senator Ron Wyden Oregon, Volkswagen AG
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The Quantum Mobility Quest from Airbus and BMW Group
This could be a first-of-its-kind attempt to develop applications to harness quantum technologies for real-world industrial applications. The companies said it has the potential to forge more efficient, sustainable and safer solutions for the future of transportation. This nascent technology could play a key role in simulating various industrial and operational processes, opening up opportunities to shape future mobility products and services. Continue reading
Posted in auto news, autonomous vehicles, aviation, connected vehicles, electronics, engineering, manufacturing, milestones, mobility company, shows and events, transportation
Tagged Airbus, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, bmw group, data-driven industries, Dr. Peter Lehnert, IBM quantum computing, Isabell Gradert, Ken Zino, Quantum Computing Challenge, The Quantum Insider
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Gen 5 Three-Door MINI Cooper is Electric
Entering its fifth generation with a first, the purely electric 3-door MINI Cooper now has digital experiences, modern assistance systems and a pure electric powertrain. BMW is hoping it remains a MINI in buyer’s minds, while at the same time marking the brand’s all-electric future. This transformation starting now will make MINI an all-electric brand by 2030. Continue reading
Seven Automakers to Build North American Charging Network
The awakened policy shift from partisanship toward cooperation in saving the planet for the pernicious effects of climate change, aka global warming, is the latest beneficial result of the Biden Administration’s Inflation Reduction Act, which in part is using once eschewed and mocked national industrial policy to effectively serve all – as in We the People – in the US. The socialist aspects of the policy also have larger global benefits as well. Continue reading
Putin’s War Clouds BMW Group Media Day
Unaddressed in formal statements were two key concerns for the German auto industry – Germany’s over-dependence on Russian natural gas, and it’s dealings with totalitarian communist states including China where BMW and other German makers, suppliers and brands have extensive holdings – Audi, Daimler, Mercedes-Benz, Porsche, among others. Continue reading
BMW Group Posts Record Revenues, Earnings, Profits for 2021
Deliveries were up 8.4%, to 2,521,514 units, of which 13% were electrified vehicles (328,314 units, +70.4% YOY). Group revenues rose to.€111,239 million (prev. yr.: €98,990 million, +12.4%). Group net profit reached a new all-time high of €12,463 million (prev. yr.: €3,857 million, +223.1%). Continue reading
Rolls-Royce Motor Cars Posts Highest Sales in 117 Years
The company said that growth came principally by Ghost sales, with demand increasing following the launch of Black Badge Ghost in October 2021. This, together with sales of the Cullinan and the marque’s pinnacle product, Phantom, means that at the moment order books are full well into the third quarter of 2022. The company’s Provenance (pre-owned or used) also posted an all-time record. Continue reading
Posted in milestones, sales
Tagged auto industry commentary, autoinformed.com, bmw group, Ken Zino, Rolls-Royce Motor Cars
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BMW Group and Daimler Mobility Hoping to Profit on Joint Ventures. Monetizing a Monopoly or a Joint Survival Bid?
Here’s their commercial aimed at the capital markets and potential customers: “The services offered by the joint ventures will continue to be tailored to customer needs and clustered into three pillars – 1: Free Now. 2: Share Now. 3:Park Now & Charge Now. The introduction of a new umbrella organization, effective 1 January 2020, will support management of these three offerings. Continue reading
MINI celebrates 60 years at the 2019 Monterey Car Week
Today, the MINI product lineup has a model range of five vehicles – the MINI Hardtop 2 Door, MINI Hardtop 4 Door, MINI Convertible, MINI Clubman and MINI Countryman. Continue reading
BMW Group Opens Plant in San Luis Potosi, Mexico
Well starting four days from now prices will likely include a 5% tariff decreed by President Trump that increases by 5% each month until it stops – so far – at 25%. Every BMW Group vehicle today already contains at least one part from one of our 220 Mexican suppliers. Continue reading
Posted in economy, manufacturing, people
Tagged auto industry commentary, autoinformed.com, automotive blog, bmw group, Ken Zino, mexico, nafta, Trump tariffs and taxes
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Garmin to Design and Make BMW Infotainment Parts
The company’s manufacturing capabilities support arange of in-vehicle electronic components for the automotive industry, including intelligent video driving recorders and computing models. Continue reading
Mobility Company Capital Destruction. Latest German JV Attempts to Lessen Negative Effects on Shareholder Value
It’s just the latest example of the capital intensive, shareholder-value destroying transition to an ill-defined, but demonstrably expensive mobility company that all automakers are now pursuing. Continue reading
Posted in auto news, electric vehicles, environment, marketing, milestones, mobility company, new vehicle, news analysis
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, autonomous vehicles, bmw group, connected vehicles, daimler ag, Ken Zino, Mobility Company JV, new vehicle reviews
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BMW Group Threatens Trump on US Jobs
Buried at the bottom of the release was the following threat clearly aimed in AutoInformed’s view at President “tariff” Trump and his owning trade bluster and politically motivated policies that are threatening US jobs. Continue reading
Posted in auto news, economy, labor issues, manufacturing, news analysis, transportation
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, bmw group, connected vehicles, Ken Zino, new vehicle reviews, Spartanburg, trade and tariffs, Trump auto industry tariffs
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FCA Joins BMW, Intel, Mobileye on Autonomous Driving Development
“To advance autonomous driving technology, it is vital to form partnerships among automakers, technology providers and suppliers,” said FCA Chief Executive Officer Sergio Marchionne, whose financially fragile company or parts of it are being explored for possible sale by a Chinese automaker.
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ChargeScape Vehicle-Grid Integration JV Begins Operations
BMW, Ford and Honda have begun operation of their new joint venture ChargeScape today ChargeScape also appointed the first CEO and CTO. (Read AutoInformed.com on EV Grid Unlock – BMW, Ford, Honda Create ChargeScape) As more Americans switch to EVs, cheaper fueling costs have become top-of-mind for drivers, particularly while charging at home where 80% of EV charging occurs according to U.S. Department of Energy estimates. The nation’s power grids have come under increasing strain due to electricity demand from data centers and the intermittent nature of current renewable technologies.
“ChargeScape is a software platform that integrates electric vehicles (EVs) into the power grid, shoring up grid stability while saving drivers money on their charging, the companies – all of them global giants – said in a joint release. “ChargeScape’s technology wirelessly connects to electric vehicles and, working with participating utilities, manages the flow of electrons in line with real-time grid conditions, temporarily reducing demand when the grid is constrained through smart charging (V1G) and even sending energy back into the power grid when needed (V2G). EV drivers have the potential to be rewarded financially for their flexibility and always have their vehicle charged by the time they specify,” ChargeScape claimed ex ante. Continue reading →