In a recent lecture at the Rhine-Main Economic Initiative in Frankfurt, BMW boss Oliver Zipse made a statement that echoed throughout the automotive industry: “We don’t want to write off the combustion engine.” This declaration…
Through the first nine months of the year, the BMW core brand delivered a total of 1,621,267 cars, representing a significant jump of 5.7% compared to January-September 2022. With demand increasing, the company’s recently reelected…
The Tokyo Mobility Show – formerly the Tokyo Auto Show – is always an interesting time. This year, we saw several interesting new EVs and hybrid vehicles. Honda has even reanimated the Prelude nameplate. But…
Recently reelected at the helm of BMW until 2026, Oliver Zipse was asked by CNBC whether there will be any changes in its operations in China. The inquiry came in the context of the European…
German business newspaper Handelsblatt has it on good authority that Oliver Zipse will have his contract as BMW CEO extended as early as next week during a supervisory board meeting. When contacted by the reputable…
Back in May, the BMW Brilliance Automotive (BBA) joint venture in China celebrated its 20th anniversary by announcing plans to commence local production of Neue Klasse-based EVs in 2026. To make it happen, an investment…
In an interview with Automotive News, CEO Oliver Zipse has confirmed that BMW is committed to tailoring its automotive offerings to the Chinese market by crafting vehicles using the Neue Klasse electric platform. While not…
BMW has been quite vocal about how rushing the sales ban on new cars with combustion engines in the European Union by 2035 could backfire. CEO Oliver Zipse has gone on record several times saying…
It’s a known fact that some automakers have been selling electric vehicles at a loss but BMW is happy to announce it is making money with its current crop of EVs. Speaking with Automotive News…
Tesla has been slashing prices left and right in China for a few months in a bid to drive up sales at the expense of profit margins. BMW sees things differently as CEO Oliver Zipse…
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