BMW’s original profit margin target for 2022 was 8-10%, but the forecast was lowered in March to 7-9% in the wake of Russia’s decision to invade Ukraine. BMW production chief Milan Nedeljkovic told Automotive News…
After releasing their U.S. plans for electric vehicles, BMW announces today a new investment on their home turf. Plant Leipzig will receive a capital infusion of 800 million euros to ramp up the production of…
Earlier this year, BMW USA announced the Retail Next concept with the initial goal to revamp about 25 dealerships in the country. About a third of showrooms will be fully renewed within the next several…
While nearly all automakers are announcing cutoff dates for the combustion engine, BMW goes against the tide by refusing to reveal when it will become a purely electric brand. Asked by a journalist when the…
Spartanburg, SC – BMW CEO Oliver Zipse announced today a new wave of investments at BMW’s largest plant in the world. According to the Chairman of the BMW Board, the Munich-based automaker will spend $1.7…
The automotive industry is gradually entering the electric era and companies are futureproofing their lineups with a wide array of EVs. The BMW Group is taking the same path with its Neue Klasse platform that…
Mercedes has been in the lucrative off-road segment for decades with the iconic G-Class and we can say the same thing about Land Rover with its reputable Defender. BMW has refrained from tackling this class…
If the BMW M3 Touring is for the family man who is always in the hurry, the 320e is for that type of parent that takes things slowly. It combines the same level of practicality…
BMW is pushing forward with their hydrogen-powered cars, according to BMW CEO Oliver Zipse. In an interview with Bloomberg, Zipse said that the next automotive trend will revolve around hydrogen cars. “After the electric car, which…
In case you haven’t noticed, BMW has revived several nameplates that were used back in the day as codenames for gasoline engines. They’ve now been repurposed for electric M Performance models, namely the i4 M50…
Popular this week
