Automotive industry company news
News that Geely-owned Volvo Cars had made first quarter earnings gains thanks to strong sales of its recently launched, and high margin, XC9...
Last week, I enjoyed an entertaining trip to BMW's annual AGM and plant 'show 'n' tell' (links here in last week's TWTW column) and, as thre...
One of the many things I enjoy about covering BMW's annual financial results press conference (reports here, here, here and here) is the 'show and tell' side trips – such as the Leipzig i3 'factory within a factory' in 2014. This year, rather than travel to the former east Germany, we needed only to cross the road from BMW Welt in the northern outskirts of Munich to the company's oldest factory – built 'out in the country' in 1922 (to make aero engines, with an airport across the road on what became the 1976 Olympics site), and now landlocked by the much-expanded city, requiring ingenious solutions for further expansion, such as the new paint shop (of which more later).
I have to admit to being a little surprised at how much interest a new pickup truck attracted on just-auto this week. OK, a new segment for the automaker, Fiat, a little ingenuity in the barn-door, flexible configuration tailgate but, initially, only for South America. Perhaps the fact the name Chrysler is also appended to the word Fiat these days? And, given that South America is from where VW lobs the Amarok to the world, and the Renault-Nissan-Mercedes-anyone else want a rebadged LCV-alliance is working on several variations of the Japanese partner's Navara/Frontier truck for the globe, with some production in Argentina, I'd not be suprised to see this new Toro on sale, also in RHD, pretty much worldwide at some point. Fiat Brazil has exported light commercials widely before, including neatly packaged van and pick-up versions of the Uno it kept in production for decades.
While it may be true that worldwide sales of convertibles have peaked, that doesn’t mean there isn’t still good business to be had from this segment. Especially if you are BMW.
BMW not too long ago revealed a preview of a 1 Series sedan, something which could well be the perfect complement to the current hatchback range. A four-door should sell strongly in the US and China but the big question is this: is the company planning to switch its smallest high volume model to a front-wheel drive platform?
At the 2016 CES, Cat Dow talked with Floris Van Der Klashorst, vice-president of HERE Automotive. HERE's a creator of connected navigation solutions and since December 2015 has been owned by an alliance of the German automakers Audi, BMW and Daimler.
Harman recently partnered with Renesas to improve its in-vehicle network and infotainment solutions. Matthew Beecham caught-up with Harman’s Phil Eyler, Executive Vice President and President of Infotainment to find out how this alliance and others are supporting the brand in a highly competitive sector. In Part 2, we interview Harman’s EVP and President Lifestyle Audio Division Michael Mauser about the audio innovations it is bringing to the market to sustain growth.
Benteler Automotive has hosted an opening ceremony for its new production plant, located in Shenyang, China.
BMW has broken ground for a new plant in Mexico that will make the BMW 3 Series from 2019, displacing 3 Series production at the company's plant in South Africa.
Europe's Automobile Manufacturers’ Association (ACEA), has revised its forecast for 2016 car registrations up from its initial January forecast of 2% growth.
BMW says it is preparing to launch the latest BMW 3 Series Gran Turismo in time for the start of sales in the summer and has added new engines.
Brose says it has manufactured the five millionth front seat structure since the start of production in 2012 for a joint project between Daimler and BMW.
A series of new C-segment vehicles will offer the option of adding plug-in electric all-wheel drive using GKN Driveline’s latest electric axle drive (eAxle) technology. The eAxle is an evolution of systems developed for hybrid supercars that use electric all-wheel drive to boost performance and efficiency.
BMW's Chennai plant has assembled its 50,000th car - a 7 Series.
BMW's Araquari assembly plant in the state of Santa Catarina will begin exports of 10,000 units of the X1 small SUV to the US in July.
BMW, Mini and BMW Motorrad (motorcycles) all achieved new sales records in April as 179,285 group automobiles were delivered to customers around the world, up 1.9% year on year.
BMW has posted first quarter operating profit (EBIT) down slightly on last year due to currency headwinds and higher costs.
BMW has revamped its i3 with the introduction of a more powerful, 94Ah battery for both the i3 and the i3 Range Extender versions.
March 2016 saw the BMW Group sell more vehicles than in any other single month in the company's 100 year history, the automaker announced on Tuesday (12 April).
Under the new brand name "ReachNow", BMW Group is launching an enhanced car sharing service in the US city of Seattle. It says the programme is based on the successful business model currently operating in Europe under the name "DriveNow".
BMW is expanding its DriveNow car share service into the US, starting in Seattle under the brand name ReachNow.
BMW has unveiled its new NUMBER ONE>NEXT strategy aimed at setting new standards for connectivity and automated driving.
BMW Group has forecast new records for sales volume, revenues and earnings for 2016, the company said at its annual accounts press conference here in Munich today (16 March).
BMW is to add a high performance version and an SUV to its flagship 7-series range as well as an all-terrain luxury Rolls-Royce, board chairman Harald Krueger said here in Munich today.
Diesel will remain a central pillar of BMW’s CO2 strategy despite growing concerns in some quarters over emissions and the scandal surrounding VW’s so-called defeat device.
BMW Group achieved record unit sales in February up 7.9% year on year to 163,965 cars.
BMW Group said it achieved its sixth record-breaking year in succession in 2015, posting new highs for sales volumes, revenues and profit before tax, despite a "volatile" market environment.
The latest generation of the UK's top-selling convertible goes on sale in the country at the end of March although it will no longer be assembled in its home market.
The US National Highway Traffic Safety Administration (NHTSA) has confirmed details of the latest 1.7m vehicle recalls by two major German automakers and said a third also plans to recall multiple vehicles from model years dating back over a decade. All are fitted with driver side airbags with potentially faulty Takata inflators.
Parking Assist? As of last night, so last decade. Now BMW has introduced remote controlled parking.
After so much hype, it was inevitable: official images of the next BMW 7er have appeared a few hours ahead of tonight's official media preview.
Bayerische Motoren Werke Aktiengesellschaft (BMW) - Financia
Bayerische Motoren Werke Aktiengesellschaft (BMW) is an automobile manufacturer with focus on premium auto segments in the car and motorcycle markets....
Bayerische Motoren Werke AG - Mergers & Acquisitions (M&A),
MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organi...
Bayerische Motoren Werke AG (BMW) (Germany)
This report presents quick facts about Bayerische Motoren Werke AG (BMW), which is principally involved in the Manufacture and Distribution of Automobiles, Motorcycles, and related Financial Services....
- What does 'Brexit' mean for the auto sector?
- Toyota finally makes an economical Prius
- Active suspension systems - briefing
- And so Brexit begins - The Week That Was
- VW's amazing new 1.0-litre Golf engine - Analysis
- Fuel economy scandal pushes MMC deep into red
- Goodwood FoS world premieres - the list (updated)
- Kuga expands posh Ford Vignale line in Europe
- Rumbles of discontent at Volkswagen AGM
- Ex-VW CEO Winterkorn under investigation