BMWBMW recalls 220,000 vehicles in Takata airbag issue 9:54 am U.S. ET | May 7, 2013  BMW said it is recalling about 220,000 vehicles worldwide from model years 2002 and 2003 as part of a wider recall affecting airbags made by supplier Takata.... Read More »
CARS & CONCEPTS BMW plans to price i3 near 3 series 12:01 am U.S. ET | May 6, 2013  BMW's i3 electric car will be priced at about $40,000, or roughly the same as a well-equipped 3-series sedan, says Ludwig Willisch, CEO of BMW of North America.... Read More »
Audi's new Mexico SUV plant aimed at unseating BMWMay 3, 2013 06:01 CET  Audi executives plan to break ground on a $1.3 billion factory in Mexico with a capacity of some 150,000 cars a year. The plant will be instrumental in Audi's push to topple BMW as the world's No. 1-selling premium automaker.... Read More »
BMW Q1 profit drops as European plunge hits pricingMay 2, 2013 08:04 CET  BMW reported a 4.5 percent drop in first-quarter profit as the plunging European market pushed car prices lower. The company maintained its target for 2013 pretax profit on the same level as last year as rising demand in China and the U.S. helps to offset Europe's weak market... Read More »
BMW CEO says Europe needs at least 5 years to solve debt crisisMay 2, 2013 11:16 CET  BMW's boss expects European governments to need at least five more years to overcome the region's protracted debt crisis. "I don't think that's a pessimistic assumption," CEO Norbert Reithofer said on Thursday during a conference call to discuss first-quarter results.... Read More »
Mercedes extends U.S. luxury lead over BMW in April 2:03 pm U.S. ET | May 1, 2013  Mercedes-Benz extended its lead over BMW in the U.S. luxury sales race, with a 5.8 percent gain in April. Sales for the Mercedes brand rose to 23,635 in April, led by gains for the C-class sedan and M-class SUV. The BMW brand posted a 10 percent increase in April to 23,225, the company said today in a statement.... Read More »
Mercedes extends U.S. luxury lead over BMW in AprilMay 1, 2013 20:03 CET  Mercedes-Benz extended its lead over BMW in the U.S. luxury sales race, with a 5.8 percent gain in April. Sales for the Mercedes brand rose to 23,635 in April, led by gains for the C-class sedan and M-class SUV. The BMW brand posted a 10 percent increase in April to 23,225, the company said today in a statement.... Read More »
BMW studies China for hints on global trendsMay 1, 2013 06:01 CET  BMW is studying ways to meet the fast-changing demands of China's car buyers to determine whether trends such as tele-dining and a heavy reliance on voice messaging will expand globally.... Read More »
LUCA CIFERRI Why even a weak China is good news for European automakers 12:01 am U.S. ET | April 24, 2013  The Shanghai auto show proved once again that China is the promised land for automakers, particularly Europeans bracing for a sixth straight year of declining car sales in their home region.... Read More »
Mercedes, BMW, Audi chase young, female, frugal customers in IndiaApril 23, 2013 12:11 CET  In an effort to raise stuttering sales in India that far lag emerging Asian rival China, Mercedes, Audi and BMW are targeting young and female buyers outside the ultra-rich classes with small locally made cars.... Read More »
REMARKETING BMW Financial expects off-lease volume to rebound 12:01 am U.S. ET | April 22, 2013  BMW Group Financial Services' off-lease volume bottomed out in 2012 and is expected to rebound by 20 percent this year.... Read More »
2013 SHANGHAI AUTO SHOW Rolls-Royce's China growth may slow as gov't seeks to brake lavish spendingApril 21, 2013 08:04 CET  Rolls-Royce is seeing slowing growth in China. The brand expects sales growth of 2 percent to 3 percent a year in the country this year, CEO Torsten Mueller-Oetvoes said.... Read More »
VW recall highlights perils of too much success in ChinaApril 19, 2013 06:34 CET  VW, Mercedes and BMW all posted record global sales last year, fueled by demand in China. This year, that growth is at risk after the Chinese government stepped up scrutiny of the automakers and media outlets questioned their quality, leading in one case to a recall of VW cars.... Read More »
2013 SHANGHAI AUTO SHOW Mercedes unveils GLA conceptApril 18, 2013 09:01 CET  Mercedes released pictures and details of the Concept GLA ahead of its debut at the Shanghai auto show. The production version will launch next year as a competitor to the BMW X1 and Audi Q3.... Read More »
BMW plans perks to win EV customersApril 18, 2013 08:34 CET  BMW will offer extra services to attract drivers to its "i" electric-car lineup, including occasional use of fuel-powered models.... Read More »
BMW, VW supplier SGL issues profit warningApril 18, 2013 12:34 CET SGL Carbon, which is partly owned by the BMW and VW groups, reduced its profit outlook because of a "slow start" to the year, particularly for its graphite-materials and carbon-fiber units.... Read More »
BMW's China JV will build EV under Zinoro brandApril 17, 2013 06:01 CET  BMW's Chinese joint venture with Brilliance Automotive will build an electric car to be marketed under the newly created Zinoro brand. The car will go on sale in the first quarter of 2014.... Read More »
VW, BMW, Daimler plan $25 billion hedge by building more autos abroadApril 16, 2013 08:34 CET  Volkswagen and its German peers are planning to spend more than $25 billion by 2017 to expand production outside their home region and insulate themselves from currency convulsions.... Read More »
SHANGHAI AUTO SHOW PREVIEW A bevy of crossovers and SUVs will take center stage at China's auto extravaganza 12:01 am U.S. ET | April 15, 2013  Automakers will test China's huge appetite for crossovers and SUVs with introductions this week at the Shanghai auto show. Acura, BMW, Citroen, Mercedes-Benz and Volkswagen plan world debuts for compact crossovers, while Jeep -- which arguably started the SUV craze -- will roll out its new Cherokee.... Read More »
Mercedes counts on CLA to regain luxury crownApril 13, 2013 06:01 CET  Daimler's effort to reclaim the crown of world's largest luxury carmaker is looking a lot like the 1980s with the Mercedes CLA compact that harkens back to the 190 'Baby Benz' sedan. The new model is designed to broaden the brand's appeal, especially in the United States and China.... Read More »
BMW says production systems helping to counter Europe slumpApril 11, 2013 18:19 CET  BMW CEO Norbert Reithofer said the automaker's success amid Europe's auto-market contraction shows the importance of setting up production and sales that can weather an economic crisis.... Read More »
SALES BMW widens luxury-car lead over Audi as Mercedes gains momentumApril 9, 2013 13:15 CET  BMW widened its luxury-auto sales lead over Audi last month on demand for the 3-series sedan and X1 SUV, while the Mercedes brand gained momentum with new small cars.... Read More »
RICHARD JOHNSON Thatcher forged lasting imprint on Europe's luxury brands 12:01 am U.S. ET | April 9, 2013  Britain's auto industry changed dramatically under Maggie Thatcher's government. Her decision to allow foreign ownership of British carmakers set off a bidding war between General Motors and Ford.... Read More »
AUTOMOTIVE NEWS EUROPE CONGRESS How to prosper during tough timesApril 8, 2013 06:01 CET With sales slowing and government debt a growing crisis, the European auto industry is in for a rough ride over the next few years. What are the solutions? Which companies will emerge as winners? The 16th Automotive News Europe Congress will explore answers to those questions on June 12 in Paris.... Read More »
BMW expands 4-series lineup 12:01 am U.S. ET | April 8, 2013  The BMW X4 concept crossover with coupe styling debuts this month at the Shanghai auto show and will be built in Spartanburg, S.C.... Read More »
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