The BMW Group increased sales volume, revenues and Group earnings in both the second quarter and the first half of 2014, thereby continuing its successful business development. Group revenues increased in the second quarter by…
BMW announced this week via Automotive News that it is opening up its patents related to battery cell technology that it co-developed with Samsung SDI. Last month, Tesla said it would make hundreds of its EV…
BMW says three additional car models will be built in China, including a new compact. BMW confirmed plans to expand the capacity of its two manufacturing plants in China. “We are strengthening our focus on…
The BMW Group and Samsung SDI plan to expand their supply relationship for battery cells for electro-mobility. The two companies signed a memorandum of understanding (MoU) to this effect today in Seoul. Samsung SDI will…
The BMW Group sold more than a million vehicles in the first half of 2014, more than ever before in the first six months of the year. A total of 1,020,211 vehicles were delivered to…
The BMW Group will build a new plant in Mexico in close proximity to the city of San Luis Potosà in the state of the same name. This move is in line with the company’s…
According to latest reports, BMW CEO Norbert Reithofer is declaring war on costs: a nearly $5.5 billion war.The rising costs and lower profit margins are the reason behind the plan. The Bavarian Motors boss wants…
A total of 162,093 BMW, MINI and Rolls-Royce brand vehicles were delivered to customers in April, a rise of 4.3% on the same month last year (prev. yr. 155,427), making it the best April ever….
The pissing contest between Audi and BMW continues today with a new episode. After poking fun at each other with billboards and then fighting over first-to-market laser headlights technology, the Ingolstadt-based automaker announces today a…
Due to the high demand for carbon fiber in automotive production, SGL Automotive Carbon Fibers is going to triple the capacity of the carbon fiber plant in Moses Lake, WA (USA). This has been announced…
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