German brands enjoy sales boom in KoreaMay 21, 2013 06:01 CET South Korea has become a growth market for BMW, Mercedes and Audi as lower tariffs make their cars cheaper and local buyers abandon a decades-long preference for domestic brands.... Read More »
Toyota overtakes BMW as most valuable global car brandMay 21, 2013 01:15 CET Toyota has overtaken BMW as the world's most valuable automotive brand, an annual ranking of the world's top brands shows.... Read More »
GABE NELSON Audi gripes, but Tesla could be en route to niche-brand success 3:59 pm U.S. ET | May 20, 2013 Audi wants to be clear: Just because the Tesla Model S is outselling Audi's flagship A8 in the U.S. luxury sedan market, it does not mean Tesla Motors is beating Audi.... Read More »
Mini's culture is as quirky as its cars 12:01 am U.S. ET | May 20, 2013 Mini is owned by BMW, but there's a broad gulf between the prestigious luxury marque and the funky small-car brand.... Read More »
BMW counts on new models to keep U.S. premium-sales crownMay 20, 2013 06:01 CET Mercedes-Benz led the U.S. premium-brand sales race through April of 2013, but BMW of North America CEO Ludwig Willisch expects BMW to repeat as No. 1 for the year. Willisch says help is on the way in the form of three models debuting later this year: the 3-series GT crossover, 4-series coupe and a redesigned X5 crossover.... Read More »
WACKY, LIKE A FOX Goofy ads, variants help Mini rule its own little world 12:01 am U.S. ET | May 20, 2013 BMW, Mini's parent company, had forecast U.S. sales of 20,000 units of the original two-door in 2003, but 36,000 were sold. That was the beginning of Mini's surprising journey. And they quickly settled on an irreverent, even wacky, persona suited to buyers of what one dealership general manager calls "a happy car."... Read More »
TALK FROM THE TOP: LUDWIG WILLISCH, CEO, BMW OF NORTH AMERICA BMW counts on new models to keep luxury sales crown 12:01 am U.S. ET | May 20, 2013 Mercedes-Benz led the U.S. luxury-brand sales race through April of 2013, but BMW of North America CEO Ludwig Willisch expects BMW to repeat as No. 1 for the year. Willisch says help is on the way in the form of three models debuting this fall: the 3-series GT crossover, 4-series coupe and a redesigned X5 crossover.... Read More »
Small BMW team rethought electric cars for huge cities 12:01 am U.S. ET | May 20, 2013 Nearly six years ago, BMW AG's Project i began to position the automaker for the future. In an interview with Automobilwoche, a German language sibling to Automotive News, Project i chief Ulrich Kranz explained how the idea of a carbon-body car for megacities emerged from his team.... Read More »
Hyundai, Kia losing ground to luxury imports at home as tariffs fall 12:01 am U.S. ET | May 19, 2013 Foreign brands have seen their share of South Korea's market for premium vehicles surge to 41 percent from 28 percent in the past two years, according to Korean industry groups, as lower tariffs make their cars cheaper and local buyers abandon a decades-long preference for domestic brands.... Read More »
Audi overtakes BMW as India's top-selling premium brandMay 18, 2013 06:01 CET Audi has overtaken BMW as India's top seller of luxury vehicles, and Audi executives say the success is due to the automaker's rapid expansion outside large urban centers, as well as the Q3 SUV introduced last year.... Read More »
European car sales post 1st gain in 19 months 5:19 am U.S. ET | May 17, 2013 European car sales rose for the first time in 19 months as a gain in consumer sentiment in countries using the euro led to rebounds in Germany and Spain. Still, the European auto market is at a two-decade low, and industry executives are forecasting a drop of about 5 percent for 2013 amid a recession in the 17-nation euro zone.... Read More »
ANALYSIS New S class key to boosting Mercedes profit margins, China salesMay 17, 2013 06:01 CET Daimler CEO Dieter Zetsche was leaning back in the rear seat of a prototype Mercedes-Benz S-class sedan in 2010 when he realized it didn't recline far enough.... Read More »
ANALYSIS New S class key to boosting Mercedes profit margins, China sales 9:00 am U.S. ET | May 16, 2013 Daimler AG CEO Dieter Zetsche was leaning back in the rear seat of a prototype Mercedes-Benz S-class sedan in 2010 when he realized it didn't recline far enough.... Read More »
Revamped Mercedes S class strives to set new luxury mark 2:00 pm U.S. ET | May 15, 2013 Mercedes-Benz is heralding the redesigned 2014 S class as a flagship that will set new benchmarks for luxury sedans with its packaging of technology, safety gear and opulence.... Read More »
BMW's Reithofer tells Germans to embrace EVsMay 15, 2013 06:01 CET BMW CEO Norbert Reithofer told his fellow Germans to set aside their worries and embrace EV technology as the carmaker gears up to launch the i3 electric city car.... Read More »
Audi sales in China exceed BMW, Mercedes on demand for SUVsMay 14, 2013 11:04 CET Audi saw the fastest sales growth among German premium marques in China last month after deliveries rose 13 percent to 38,710 vehicles in China and Hong Kong, the company said today. BMW, the world's largest premium automaker, reported an 11 percent gain in core-brand sales to 30,311 units, while Mercedes-Benz said brand sales increased 11 percent to 16,241 units.... Read More »
BMW CEO raps EU calls for stiffer car emissions goalsMay 14, 2013 13:25 CET BMW CEO Norbert Reithofer criticized calls by European Union lawmakers for tougher fuel efficiency goals by 2025, warning their demands would hurt the European industry in competition with the United States and China.... Read More »
BMW seeks third straight sales record as new models offset weak EuropeMay 14, 2013 10:49 CET BMW stuck to its goal of setting a sales record for the third consecutive year as new models help offset a slump in Europe.... Read More »
DOUGLAS A. BOLDUC Audi outsells BMW brand globally for 2nd time in 4 months 12:01 am U.S. ET | May 13, 2013 Audi has won rounds two and four of its 12-round fight with BMW brand, but the world luxury-car champ is still ahead on the overall scorecard.... Read More »
BMW invests 3 billion euros in EVs, report saysMay 13, 2013 12:00 CET BMW will invest 3 billion euros through the end of this year on the development of its lineup of electric vehicles, funding the "i" subbrand with earnings from its booming business in China, a German business newspaper reported.... Read More »
DOUGLAS A. BOLDUC Audi outsells BMW brand globally for 2nd time in 4 months 12:01 am U.S. ET | May 13, 2013 Audi has won rounds two and four of its 12-round fight with BMW brand, but the world luxury-car champ is still ahead on the overall scorecard. The battle to finish 2013 as the global leader in premium-car sales will remain tense.... Read More »
BMW global sales rise 7% in AprilMay 13, 2013 13:43 CET BMW Group said today that sales of its BMW, Mini and Rolls-Royce brands rose by 7 percent to 155,419 vehicles in April, an record high for the month.... Read More »
BMW under inspection in India after report of tax probeMay 9, 2013 06:01 CET BMW has said it is cooperating with Indian authorities after a newspaper reported the automaker is being investigated for possibly owing $120 million in taxes.... Read More »
BMW recalls 220,000 vehicles in Takata airbag issueMay 7, 2013 15:54 CET 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 »
BMW 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 »
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