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Thursday, Nov 12
BMW to invest 735 million dollars in China
Beijing - German auto firm BMW AG on Thursday said it planned to invest 5 billion yuan (735 million dollars) to expand its joint-venture production in China. BMW said it would use the investment to build a second plant in the north-eastern city of Sh...
Tuesday, Nov 10
New luxury BMW 7-Series rolls into showrooms
Munich - BMW's new top range 760i and 760Li luxury models are now available on European markets with a newly developed all-aluminum twelve-cylinder power unit providing improved performance and vibration-damping qualities. Fitted with TwinPower Turbo...
Monday, Nov 9
German luxury car sales edge higher
Berlin - Two of the world's top luxury carmakers - BMW and Audi - forecast Monday further rises in worldwide sales after posting modest gains in sales last month amid signs that the premium auto sector is recovering from the economic crisis. While Mu...
Thursday, Oct 29
BMW invests in unit to build ultra-lightweight cars
Munich - German carmaking company BMW and a partner said Thursday they will invest 90 million euros (133 million dollars) to make parts for ultra-lightweight cars out of carbon fibre, a material that is currently mainly used to make aircraft parts. L...
Tuesday, Oct 20
BMW develops safety and electric motorcycle concept
Munich - BMW has developed an eco-friendly and safety concept based on the C1 enclosed scooter but featuring several safety features and power coming from an electric motor. The C1-E is part of the European Safer Urban Motorcycling eSUM project aimed...
Tuesday, Oct 13
BMW plans more fuel-sipping models, hydrogen power
Munich - German carmaker BMW plans to boost the number of frugal, eco-friendlymodels in its range. Norbert Reithofer, who is soon to take over as board chairman at the Munich-based company, made the announcement in Leipzig where BMW unveiled the new ...
Tuesday, Sep 8
BMW hybrid sports car in Frankfurt
Frankfurt - Borrowing design cues from the legendary M1 sports car, BMW is presenting a hybrid concept sports car at the Frankfurt Motor Show in direct contrast to its horsepower dominated competitors. The M1 Concept is much smaller than the M1 Homma...
Tuesday, Aug 25
BMW 7-Series with hybrid drive at Frankfurt Show
Munich - BMW is showcasing at the Frankfurt Motor Show in September a BMW 7-Series V8 combined with an electric motor that together produce a power package of 465 hp with a fuel consumption of only 9.4 litres. The 15 kW/20 hp electric motor is integr...
Tuesday, Aug 18
BMW planning sub-brand for Megacity vehicles
Munich - BMW is planning to sell its eco-friendly Megacity model family, planned for the middle of the next decade, under a fourth sub-brand, the car maker's CEO Norbert Reithofer has confirmed. We asked ourselves the question what our strongest bra...
Tuesday, Aug 4
BMW reports 76 per cent slump in second quarter earnings
Frankfurt - The world's leading luxury carmaker BMW AG reported a 76-per-cent slump in second-quarter profit Tuesday. Munich-based BMW said net profit fell to 121 million euros (174 million dollars) from 507 million euros in the same period last year...
Tuesday, Jul 28
BMW extends 5-Series family with Gran Turismo
Munich - BMW is increasing the 5-Series line-up with the Gran Turismo that combines the coupe-like rear with a 7-Series interior and the ground clearance of the Sports Utility Vehicles (SUV). Available in European showrooms from October this year the...
Monday, Jul 20
Daimler hopes to further develop ties with BMW
Stuttgart, Germany - Rival luxury German carmakers - BMW and Daimler - are continuing to build closer ties including a hybrid vehicle, a senior Daimler executive said in Stuttgart on Monday. We have a good relationship, said Thomas Weber, research ...
Tuesday, Jul 7
Additions to BMW 1-Series for 2010
Munich - BMW is extending the 1-Series model range for 2010 with the addition of a 120i coupe and 118d coupe fitted with more efficient and economical engines, according to the car maker. In addition the 1-series would also be pepped-up with lifesty...
BMW's answer to the Audi R8?
Munich - Australian designer Idries Noah has provided sketches of a possible BMW rival to the Audi R8 super sports car fitted ideally with a 550 hp V10 motor. Noah, who was a member of the GM Holden design team in Australia, shows aconcept car with w...
BMW hails smaller-than-expected decline in its car sales
Munich- Sales data released Tuesday from German carmaker BMW showed world sales of its cars declined less steeply in June than earlier this year, bringing hope that the recession may be bottoming out. BMW Group sold 127,546 vehicles in the month, a f...
Tuesday, Jun 30
Despite Russian car markt slump BMW plans production expansion
Moscow - Despite the sales slump on the Russian car market, German luxury carmaker BMW plans to expand its production in the country with two new off-road models, a top executive said Wednesday. Christian Kremer, head of the BMW Group Russia, told Ru...
Tuesday, Jun 16
BMW thinks workforce should reconsider about driving rival brands
Berlin - Faced with a dramatic slump in sales, the world's leading luxury carmaker BMW has called on its staff to buy the prestigious brand autos, the company said Wednesday. Over the last few weeks about 7,000 cards were placed on cars produced by r...
