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Corporate

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According to Bloomberg, development of the BMW-Toyota joint sports car project has moved beyond the technical feasibility study stage and is now in the concept design phase:

BMW, Toyota Push Development of Midsize Sports Car

November 6, 2014

Cooperation on the underpinnings of the vehicles “has moved on to the concept phase and is running according to plan,” Munich-based BMW said in a statement to Bloomberg News. A technical feasibility study that began in January 2013 has been “successfully completed.”

The midsize model is the most visible project … CONTINUED

BMW USA Reports October 2014 Sales

11/04/2014 at 6:00 AM
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Sales of BMW brand vehicles increased 11 percent in October for a total of 30,602 compared to 27,574 vehicles sold in October, 2013. Year-to-date, the BMW brand is up 12 percent on sales of 267,193 compared to 238,469 sold in the first ten months of 2013.

“The momentum is still with us as shown by back-to-back monthly records for BMW in October and September,” said Ludwig Willisch, President and CEO, BMW of North America. “Our new models, especially the 2 and 4 Series, are giving … CONTINUED

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A little over a week after BMW works driver Marco Wittmann (DE) received the coveted 2014 DTM Champion trophy at the season finale in Hockenheim (DE), on Monday he visited the home of BMW in Munich (DE). The 24-year-old visited the BMW Group plant in Munich. Then Wittmann introduced himself to the employees at the centre for research and innovation (Forschungs- und Innovationszentrum (FIZ), the technological heart of the BMW Group.

In the morning Wittmann took a look behind the scenes during an extended … CONTINUED

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Large-scale manufacturing of cars made with lightweight carbon fiber is moving closer to reality as costs start to fall, according to a materials-development group that has BMW AG as a partner.

MAI Carbon Cluster Management GmbH, a research effort supported by Germany’s federal government, businesses and research institutions, is making progress toward reducing carbon-fiber production costs by 90 percent, according to Klaus Drechsler, head of the 80 million-euro ($102 million) project.

“We’ve certainly reached a halfway point on our cost-cutting target for suitable carbon-fiber parts,” said … CONTINUED

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Overall sales of BMW, MINI and Rolls-Royce vehicles have continued to grow, making it the BMW Group’s best ever September. A total of 199,799 vehicles were delivered to customers, an increase of 5.3% on the same month last year (189,664). The first three quarters of 2014 were also the most successful in the company’s history. A total of 1,529,880 vehicles have been sold in the year-to-date, up 6.5% compared to the same period last year (prev. yr. 1,436,166).

“As in the first three quarters overall, … CONTINUED

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BMW has hired Roberto Fedeli, Ferrari’s ex technical director, for a yet unspecified role/position. Fedeli is set to join BMW officially in November, “but we currently can’t say what his role will be,” a BMW spokesman told Automotive News Europe. This news comes shortly on the heels of news of another notable pickup for BMW – Franciscus van Meel, former head of Audi Quattro, who will become the next chief of BMW M.

According to Automotive News:

A Ferrari spokesman said Fedeli left the sports … CONTINUED

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BMW of North America today announced the opening of the new BMW Performance Center West, the company’s permanent performance driver training facility located in Southern California. BMW partners with The Thermal Club, the new premier private motorsports club, to create a dedicated road course and training facility just a few minutes outside of La Quinta, California. Opening in late 2014, the BMW Performance Center West will offer the full complement of performance driving courses for which the BMW Performance Center in Spartanburg, South Carolina … CONTINUED

BMW U.S. Reports September 2014 Sales

10/01/2014 at 10:30 AM
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Sales of BMW brand vehicles increased 8.6 percent in September for a total of 25,586 compared to 23,568 vehicles sold in September, 2013. Year-to-date, the BMW brand is up 11.3 percent on sales of 236,591 compared to 212,565 sold in the first nine months of 2013.

“After such a strong August, to set a new September sales record for BMW is a great accomplishment and emphasizes the importance of our new models to the company’s sales success,” said Ludwig Willisch, President and CEO, BMW of … CONTINUED

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BMW of North America today announced a modest inflationary price increase for some Model Year 2015 vehicles, effective October 1, 2014. The Destination and Handling fee for all models is $950 and is included in the following list for current and new prices. See inside for the adjusted pricing.

Please note that there are no price changes for other models.

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BMW M GmbH will get a new chairman from 1 January 2015, with Franciscus van Meel taking over from retiring chief Dr. Friedrich Nitschke.

The appointment is notable because van Meel, 48, joins BMW after leading Audi’s quattro GmbH division – and has not even joined BMW Group yet: his first day is 1 October.

Van Meel has worked at Audi AG since 1996, in chassis development and technical management, becoming MD of quattro GmbH in 2012.

However, earlier this year, van Meel was reportedly stood down … CONTINUED

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Today, BMW Group celebrated the official opening of its newest Vehicle Distribution Center at the Port of Baltimore. The facility will serve 96 dealers within the Central and Eastern regions of BMW’s dealer network. Ludwig Willisch, President and CEO, BMW of North America, and Craig Westbrook, Vice President – Aftersales, BMW of North America, were in attendance and spoke at the opening.

“BMW Group year-to-date sales in the U.S. set a new benchmark, topping 246,000 vehicles in the first eight months of this year, and … CONTINUED