Tag Archives: BMW

BMW Group and Toyota Motor Expand Collaboration

Akio Toyoda, President of Toyota Motor Corporation, met today with Norbert Reithofer, Chairman of the Board of Management of BMW AG, at the BMW Group headquarters in Munich to announce the planned expansion of their existing cooperation that started last year. Continue reading

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Milestones – Compact BMW X1 SUV Reaches 300,000 in Sales

Since its fall of 2009 introduction the compact BMW X1 sport utility vehicle has reached 300,000 in global sales, the German Automaker said today. The X1 was arguably the first luxury cute ute, and the fourth addition to the BMW crossover lineup from a maker once largely known for its sports sedans. Continue reading

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Mini Clubvan Goes Commercial, So to Speak

In its latest marketing move for the successful Mini line, BMW is offering a commercial version of the sub-compact small car. With two seats and five doors the Mini Clubvan is said to be the world’s first premium priced delivery van. The concept comes from the original Morris Mini van introduced in 1960, albeit at a down market price point back then. Continue reading

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Japanese Big 3 – Toyota, Honda, Nissan – Sales Up in May

Toyota Motor came close to displacing Ford Motor from its assumed Number 2 spot in the U.S. by posting monthly sales of 202,973 – within a rounding error of Ford’s 215,699 and firmly putting Toyota in the Number 3 sales spot for the year-to-date. The other Japanese powerhouse members were also back in shape. American Honda posted sales of 134,000 (576,000 ytd) easily ahead of the Nissan at 92,000 (485,000 ytd). With a new Accord and Altima due this fall, the family car market is about to becomes more competitive than it has been in years, which is good for buyers but might leave weaker and older entries as road kill. Continue reading

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International Mini Meeting Opens Today in Hungary

Wedding bells will also be ringing as two members of the host Mini Club take their vows at the event arena before starting their new life together at the wheel of a classic Mini – followed by a celebratory convoy of some 200 other examples of this British classic, whose drivers have registered in advance for the occasion. Continue reading

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BMW Group and Brilliance Open Second Plant in China

BMW has been producing BMW 3 Series and 5 Series models for the Chinese market with Brilliance in Shenyang since 2003. The opening of the second vehicle plant in China will expand the range of locally produced models to include the BMW X1. Production of the long-wheelbase version of the BMW 3 Series will also begin during the coming weeks. Continue reading

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NHTSA Upgrades BMW 7 Series Rollaway Investigation to Engineering Analysis. Recall Likely Next for Electronic Shifter

This alleged safety defect could result in the recall of more than 121,000 BMW 7-series cars. At least 14 accidents and five injuries have been reported over the operation of the push button start/stop “shift by wire” electronic system in BMWs. Continue reading

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First Drive – 2013 Lexus GS 350 Sport Sedan

The GS 350 also, surprisingly, outperforms the BMW in extreme performance driving. The transmission has some features adopted from the Lexus IS F high-performance sedan — including faster shifts, earlier torque converter lockup and downshift throttle blips — to support four driving modes that can be operated by toggling the new Lexus Drive Mode selector. Continue reading

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BMW to Spend $900 Million on South Carolina Plant for New X4

Since 1994, the plant has undergone four major expansions and produced 6 different BMW models and their variants (318i, Z3, Z4, X5, X6, X3). Employment has grown from 500 in 1994 to more than 7,000 today. Continue reading

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BMW and Toyota to Jointly Research Lithium Ion Batteries

BMW Group and Toyota Motor Corporation (TMC) announced today a memorandum of understanding (MOU) where the companies will research together the next-generation lithium-ion battery technologies. It is the latest example of automakers trying to decrease the astronomical cost of developing more efficient vehicles mandated by increasing stringent fuel economy or CO2 regulations. Continue reading

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Happy New Year – BMW Ups U.S. Prices and Delivery Fees

Year-to-date, U.S. sales of the BMW brand are up 12.9% at 199,552 compared to 176,736 sold in the first ten months of 2010. BMW is on track to displace Lexus as the number one Luxury brand in the U.S. because of Toyota’s earthquake induced production disruptions. Continue reading

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Mixed U.S. October Sales Results for Japanese Three. Toyota Sales Down 8%. Honda Sales +3%. Nissan October Sales +18%

Acura, Honda’s luxury label, posted sales of 11,115, an increase of 4.8% versus October 2010, with year-to-date sales of 100,261, compared to Infiniti’s 79,000. This means that natural disaster battered Lexus with ytd sales of 153,739 of cars and light trucks – virtually all of which are made in Japan – easily retains the Japanese luxury vehicle sales crown, but it will displaced from luxury sales leadership for the first time in more than a decade by BMW and Mercedes-Benz. Continue reading

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Rolls-Royce Motor Cars to Expand UK Manufacturing Plant

The expansion of the BMW owned company follows from what Rolls-Royce characterizes as significant growth in worldwide sales during the last 18 months, including record sales of 2,711 models in 2010, and a greater demand from customers for customized Rolls-Royce Ghost and Phantom models. Total investment in the project will be about £10 million, which will be completed in late 2012. Continue reading

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BMW Group Posts Record Global Sales for July

BMW was the best-selling premium automobile brand in the US market, although incentive costs were rising to almost $3,000 a unit and Lexus was effectively shut out of the market because of earthquake shortages. Continue reading

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Passenger Car Sales Down in EU Again as Economy Struggles

However some winners are emerging. Volkswagen Group remains the powerhouse in Europe with 23% share year-to-date of the EU and European Free Trade Areas. BMW group also posted strong double digit gains, as did Nissan, although both are on relatively small basis. The same could be said for Hyundai and Kia, which now have combines sales of more than 345,000 units year-to-date, compared to Volvo’s 138,000. Continue reading

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