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Volkswagen and Daimler have agreed to spend up to 3,000 euros ($3,430) per vehicle to offer hardware retrofits to clean up older diesel vehicles at their own cost, but rival BMW still refuses to do so, Germany's transport minister said.
BMW, Volvo on trade tiffs, effect on U.S. plants; Study: All things considered, we'd rather not drive; China sales skid; VW to invest in Ford's AV partner?; When a Prius sees snow.
BMW is considering building more crossovers in China as tariffs between the United States and China are expected to dent the German automaker's 2018 earnings by 300 million euros ($344 million).
BMW reported a 27 percent drop in third-quarter operating profit to $2 billion amid currency headwinds, trade tensions and higher r&d expenses.
Election shakeup: Auto industry winners, losers; BMW profit falls; Hyundai invests in Grab; VW pickup concept; 'Talking cars' in NYC; Ford-History Channel project; FCA holiday ads.
BMW mulls sharing showrooms with Mini; Subaru posts losses amid recall crisis; GM: Name our ebikes; Musk takes a shot at Ford; Chinese retailers, investors set sights on U.S.
The change would end Mini's insistence on a separate high-profile identity.
Oct. U.S. sales winners, losers; GM halts renovation projects to save money; Report: Ford plant on short list to make Defender-based vehicle; Mini's 'Tweet to Test Drive' promotion.
The soft-top, four-seat 2019 BMW M850i xDrive Convertible will launch in March and start at $122,395, including shipping.
Despite a 5 percent U.S. sales decline, Mercedes-Benz remained No. 1 among luxury brands last month, extending its lead over BMW on the year.
BMW has taken a different approach from Volkswagen when it comes to digital business models, frustrating some European dealers who say the automaker should offer them more financial incentives.
Auto marketers shared their insights at the J.D. Power marketing event, where they discussed everything from subscription services to the use of bots to sell cars.
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