BMW of North America, LLC announced today an average price increase of 0.7 percent for BMW vehicles sold in the U.S. effective January 1, 2009. This action is driven by the ongoing structural and economical changes in the market place. It will ensure revenue generation for the company’s U.S. operations and help to protect the quality of business.
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In the second half of the business year 2008, BMW M GmbH continues to hold a stable growth course. The significant increase in sales as compared to last year have resulted in 22,340 vehicles being sold worldwide as of November 2008. This means that BMW M GmbH has exceeded the previous year’s equivalent figures (14,092 units) by over 50 per cent. A major contribution to this was the success of the new BMW M3, which has shown continuously increasing sales figures since its market launch and which is now offered … CONTINUED
At the Convergence 2008 conference on automotive electronics yesterday, BMW revealed it is looking for partners as it pursues an open-source car computing platform. The German company is enthusiastic about the potential for such an open-source systems potential to keep up with the rapid advances in technology and features in the multimedia and digital entertainment areas.
Though no other car makers are yet officially on board, Chrysler, Ford, General Motors and Honda have previously participated in a panel on the subject, reports Automotive News. BMW said it wants to have an … CONTINUED
BMW introduces access to Google Maps (http://maps.google.com) search capability within the vehicle on 2009 BMW Assist and Navigation system – equipped 1 and 3 Series. For the first time, subscribers to the optional BMW Assist Convenience Plan can access “BMW Search” to quickly find a desired business with just a key word, benefiting from the world’s most famous online search engine. After finding what you want, you can immediately start route guidance or a hands-free call with your Bluetooth
Read the rest of this article, view the … CONTINUED
The BMW group is set to invest a total of one billion US dollars over four years in the American market. The resources will be channelled towards a new adminstrative and training centre in New Jersey, increasing the sales network and broadening production in the Spartanburg facilities.
These are all strategies that should take advantage of the current weak dollar compared to the euro. Currently the BMW factory in South Carolina assembles about 160,000 vehicles a year, but with the new investment estimates are … CONTINUED
This just isn’t fair anymore. Once again BMW comes out and destroys everyone in the Engine of the Year competition. Hi Audi.
Those of you astute enough to pick up some more shares of BMW AG during the recent stock market dip are looking good. News from the USA press site:
“BMW GROUP (WORLDWIDE): 2007 SALES REVENUE RISES TO RECORD LEVEL
Sales revenue up by 14.3% to euro 56,018 million+++
Sales volume set to reach new high level again in 2008+++
Munich. The BMW Group has achieved a new sales revenue record in 2007. Compared to the previous year, group revenues rose by 14.3% to euro 56,018 million (2006: euro 48,999 million). Revenues of the Automobiles … CONTINUED
** This video is a must-see for BMW Z4 Owners **
You can watch this on TV on Thursday, Nov. 29, at 9 p.m. ET.
BMW MANUFACTURING CO. TO BE FEATURED ON NATIONAL GEOGRAPHIC CHANNELS “ULTIMATE FACTORIES”
BMW Manufacturing Co. will be the subject of the National Geographic Channels “Ultimate Factories” television show Thursday, Nov. 29, at 9 p.m. ET.
The hour-long program will focus on the building of the famous Z4 Roadster and is a one-of-a-kind, behind-the-scenes tour of the high-tech manufacturing plants that create this world … CONTINUED
Without much further description, reports are out that BMW is now on board with large scale purchases of Brembo brake systems. Details on which cars, models or submodels would use such brake systems are sparse. However, first thoughts might be on BMW M-models, although cross branding on the ///M range may seem unlikely. Another option would be the upcoming 135i which is being touted as a small import like sports car that comes with fixings such as 6-pot calipers.