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Archive for the ‘BMW’ Category

Cadillac’s New CT5 Revealed Through a “Sensory Symphony”

“We’re very much committed to sedans,” says brand boss Carlisle.

by on Mar.18, 2019

The Sport edition of the 2020 Cadillac CT5.

Hoping to rebuild momentum for its struggling turnaround strategy, Cadillac has been putting a premium on SUVs, rolling out new models like the XT4 and XT6 this past year and preparing to upgrade the older XT5 and Escalade models, as well.

That’s a logical move, considering utility vehicles now dominate the luxury car market. But General Motors’ flagship brand isn’t abandoning its more traditional product family. The CT5, the new midsize sedan that will be replacing the old CTS, is making its debut today through a broad social media campaign it is calling a “Sensory Symphony,” ahead of its more formal appearance at the New York International Auto Show next month.

Product News!

“We’re very much committed to sedans. Let me clear the air about that,” said Caddy President Steve Carlisle said during a media background briefing.

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BMW Reassigns Key Management Responsibilities

Moves designed to make company leaner.

by on Mar.18, 2019

BMW's Harald Krueger noted the company's recent shuffling of executives should make the company leaner and more competitive.

The BMW Group is reorganizing its Board of Management to create what Is described as a new leaner, future-oriented management structure.

“We are restructuring our divisions to give us the best possible foundation for the future. It sends out a clear signal that our organization is lean and efficient throughout the company,” said Harald Krüger, chairman of the BMW AG Board of Management, speaking in Munich on Friday.

Business News!

The moves come at a time when carmakers the world over are facing sweeping change and major financial pressures. In fact, BMW recently announced plans to alliance with archrival Mercedes-Benz to address technical issues with autonomous vehicles. German carmakers, such as BMW, also are still reeling from a losing bet on diesel technology that has cost them dearly. (more…)

Infiniti Set to Abandon Western European Market

Weak demand leading Nissan’s luxury brand to focus on Europe, China.

by on Mar.12, 2019

The concept version of the Infiniti Q30 debuted at the Frankfurt Motor Show as part of the brand's push to become an EU presence.

Infiniti has come to recognize there are limits to its global growth plans, the Nissan luxury brand announcing it will pull out of Western Europe by early next year.

Going forward, the brand will limit its scope to just two markets: the U.S. and China. Along with ending sales in Europe, Infiniti also will halt production of the Q30 and QX30 models at Nissan’s assembly plant in Sunderland, England. The parent company has raised questions about the broader viability of that plant as Britain struggles to manage its planned exit from the European Union later this month.

Breaking News!

A broader restructuring by Infiniti will see the luxury marque pair back on its overall product line-up, the brand’s new global CEO told TheDetroitBureau.com during an interview earlier this year.

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BMW: The Leading US Exporter of New Vehicles

Automaker's SUVs extreme popularity give it the title.

by on Mar.08, 2019

BMW shipped more than 234,000 SUVs and coupes from the U.S.

Once again, BMW is the top exporter of vehicles from the United States. For the fifth year in a row, the German automaker’s X series sport activity vehicles took it to the top of the heap.

The company said it exported 234,689 units of its sport-utilities and coupes from its Spartanburg, South Carolina, plant during 2018, totaling more than $8.4 billion in 2018.

The Last Word!

“Despite…the ongoing uncertainty regarding trade and tariffs, plant Spartanburg is still positively contributing to the U.S. balance of trade,” said Knudt Flor, president and CEO of BMW Manufacturing Co LLC. (more…)

German Automakers Placing Big Bet on Electric Vehicles

Group putting $68 billion into EV development.

by on Mar.04, 2019

The next-generation Macan will feature an all-electric model, according to Porsche.

Germany’s car industry is tracking to invest more than $68 billion in new technology for next three years on electric cars and automated driving, the head of the VDA, the association that represents German carmakers.

“We will invest over 40 billion euros in electric mobility during the next three years, and another 18 billion euros will be invested in digitization and connected and automated driving,” VDA president Bernhard Mattes said in a statement on Saturday.

Business News!

The investment, however, also entails considerable risk. (more…)

BMW, Daimler Announce Another Alliance Focused on Autonomous Driving

Joint venture revealed days after deal to combine mobility services operations.

by on Feb.28, 2019

A pair of fully autonomous concepts from BMW and Daimler's Mercedes-Benz brand.

Just days after they announced plans to combine their mobility services operations, BMW and Daimler AG now say they will team up on the development of self-driving vehicles.

The move is meant to help them share costs and speed to market a technology many expect will radically transform the auto industry over the coming decades. Autonomous vehicles also could anchor some of the new ride- and car-sharing services the German automakers plan to roll out under their earlier joint venture – and help them fend off upstart rivals such as Waymo, Uber and Tesla.

Breaking News!

“Initially, the focus will be on advancing the development of next-generation technologies for driver assistance systems, automated driving on highways and parking features,” the automakers said in a statement announcing the autonomous driving partnership.

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Audi Adding Four New PHEVs in Geneva

VW’s luxury brand accelerates electrified line-up.

by on Feb.25, 2019

Audi plans to debut four PHEVs in Geneva.

We’ve been hearing a lot about Audi’s plans for all-electric models like the new e-tron and the planned e-tron GT that debuted at the Los Angeles Auto Show last November. The automaker even made that the subject of a well-received ad during this month’s Super Bowl. And it has another model, the Q4 e-tron coming to Geneva.

But the luxury brand has a much broader electrification strategy under development and it plans to put an assortment of plug-in hybrids under the spotlight during its news conference at the Geneva Motor Show next month.

Beyond the Headlines!

In all, the event will mark the debut of four during PHEVs, including versions of the A6, A7 and A8 sedans, as well as the Q5 sport-utility vehicle. The show will also see a shift in Audi’s battery-car nomenclature. Going forward, plug-in hybrids will be referred to with the designation “TFSI e,” rather than e-tron.

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BMW, Daimler Launching New Ride-Sharing Service, Other Mobility Ventures

New partners open door to other participants.

by on Feb.22, 2019

BMW Chief Harald Krueger, left, and Daimler AG Chairman Dieter Zetsche are all smiles after announcing plans to merge mobility operations.

Nearly a year after announcing plans to combine their ambitious mobility services operations, Mercedes’ parent Daimler and erstwhile rival BMW have announced an array of new joint venture projects that will include car and ride-sharing operations that could challenge upstarts like Uber, Lyft and China’s Didi Chuxing.

The two luxury automakers plan to invest a combined 1 billion euros, or about $1.1 billion, to expand the five projects BMW CEO Harald Krueger and Daimler CEO Dieter Zetsche outlined at a news conference Friday, which also include parking and electric vehicle charging. The two newly minted partners also opened the door to cooperation with other automotive manufacturers.

Business News!

“These five services will merge ever more closely to form a single mobility service portfolio with an all-electric, self-driving fleet of vehicles that charge and park autonomously,” said BMW Chief Executive Harald Krueger. (more…)

BMW Pumps Up with New X3 M and X4M Utes

Competition package delivers 503 hp.

by on Feb.13, 2019

BMW will start delivering the new X3 M and X4 M to U.S. customers in April.

BMW is putting the emphasis on “sport” with two new sport-utility vehicles, the 2020 X3 M and X4 M.

The compact models get the BMW M treatment for the first time, and it starts out with a twin-turbo inline-six that, in Competition trim, will push as much as 503 horsepower to the pavement – enough to launch from 0 to 60 in just 4.1 seconds.

Product News!

Both of the new models will be assembled at the Bavarian automaker’s South Carolina assembly plant, BMW notes, something that should minimize the impact should Pres. Donald Trump authorize new tariffs on European auto imports, as he has been threatening. That said, don’t expect them to come cheap. (more…)

Toyota, Lexus May Still Rule, But Japanese No Longer Dominate Vehicle Reliability

Chevy delivers a surprise in J.D. Power 2019 Vehicle Dependability Study.

by on Feb.13, 2019

The Prius is one of the vehicles that helped Toyota lead the latest J.D. Power Vehicle Dependability Study.

Toyota and its luxury arm Lexus captured the top spots among mainstream and premium brands in the latest J.D. Power Vehicle Dependability Study, but the 2019 VDS also delivered more than a few surprises when it comes to how three-year-old vehicles are holding up.

The study placed Lexus at the top of the charts, followed by Porsche and then Toyota, but Chevrolet nabbed the fourth spot, a significant turnaround for a brand struggling to convince potential buyers it has overcome the quality and reliability issues of the past.

News Now!

The new Power VDS shows that Japanese automakers no longer have a lock on vehicle dependability. Tellingly, only Toyota and Lexus landed in the top 10 this year, while the list also included two American brands, four from Germany and both of the South Korean carmakers operating in the U.S.: Hyundai and Kia. (more…)