News

Wiesmann at the end: hardly any hope for insolvent manufacturer

According to our sister-magazine Bimmertoay, quoting the Dutch newspaper De Telegraaf, the exotic automaker Wiesmann has hardly any chance to survive in the competitive car market. Back in August 2013, the company filled for bankruptcy…

BMW Group Quarterly Report to 31 March 2014

BMW Group sales top 200,000 for first time in single month

The BMW Group sold 212,908 BMW, MINI and Rolls-Royce vehicles in March – the company’s best-ever monthly results. It’s a significant 11.3% increase on the previous all-time monthly high in March last year (191,269 units)….

BMW announces the new X7 SUV

Celebrating 20 years of production in the USA, Dr. Norbert Reithofer, Chairman of the Board of Management, BMW Group, today announced plans to invest US$ 1 billion in the company’s South Carolina plant: “We will…

BMW reported fourth straight record year

With its fourth straight record year, the BMW Group’s strong performance continued during the past year despite a challenging economic environment worldwide. The company successfully maintained its position as the world’s leading premium manufacturer. “In…