The BMW Group recorded a significant increase in sales volume, revenues and earnings in the second quarter of 2010. Group revenues increased by 18.3% while the profit before financial result (EBIT) rose to euro 1,717 million. This corresponds to an EBIT margin of 11.2%. BMW is targeting an overall 10% increase in sales for 2010.
BMW is recalling approximately 6,400 2011 5-series in the US (and 12,400 worldwide) to fix the previously reported faulty fuel level sensor. The good news is that the fix should only take half a day and is of course fully covered under warranty.
The 17th BMW Art Car by Jeff Koons ran at the recent 24 Hours of Le Mans and a photo contest was commissioned by BMW in which the best photo of the BMW Art Car would earn its photographer a $1,000 prize. The winner is Rick Dole, who managed to take this winning photograph from a helicopter! The judges of the photo contest included Dr. Mario Theissen (directory of BMW Motorsports) and BMW drivers Dirk M
This past weekend, BMW opened the doors to its very first BMW M division dealership in the world – in Singapore. The complex is a showroom, dealership, and workshop exclusively for M cars.
BMW Group Announces Six-Year Partnership with United States Olympic Committee
* Press Release
Partnership Includes Support of USA Bobsled & Skeleton, US Speedskating, USA Swimming, USA Track & Field
Woodcliff Lake, NJ
BMW has issued a recall for 2010 and 2011 5-series and 5-series GT models for a faulty fuel sensor which may result in inaccurate fuel levels. Some of our F10 sedan owners have also been reported being contacted about a fuel sensor recall or having their cars held at VPC for the replacement. F10 owners should make sure to check with your dealers.
The 2010 BMW 3-series and 5-series are the most “appealing” cars in their respective classes according to the 2010 J.D. Power APEAL Study. This year’s study asked 76,000 owners 90 days after purchasing their 2010 model-year cars “how gratifying their new vehicle is to own and drive.” As a brand, BMW placed near the top at #3.
BMW has announced some product changes starting with September 2010 production. The changes apply to all BMW Models, including the 1, 3, M3, 5, 5GT, 7, X5, X6, and Z4 models. FULL list of changes INSIDE.
A new BMW interface for controlling the iPhone and iPod Touch is coming! BMW will soon be utilizing the new iPod-OUT feature of Apples new operating system (iOS4) for these devices. Future BMW owners will be able to use the infotainment system to display and control iPhone/iPod Touch music playback features in the vehicles main display.
iPod Out enables … CONTINUED
BMW AG has been named the automaker which European suppliers most want to do business with, rising 4 spots from the same survey last year, and replacing Toyota at the top spot.
Mobility is the hallmark of a modern society and economic prosperity. For the future viability of unrestricted mobility, the traffic system must be equal to the high demands placed on it. Every traveller must be able to make each journey in the safest, most efficient and most comfortable way possible. In order to achieve this objective, 28 partners from the automotive industry
Congrats to BMW! The 2010 International Engine of the Year Awards were announced yesterday and as always, BMW has won several categories. The N54, S65, N47, and Prince motors each won their respective categories!
Read about each winning engine:
- N54 motor (3.0L DI twin turbo)
- S65 motor (V8 M3 engine)
- BMW-PSA 1.6L Prince turbo
- N47 2.0L twin turbo diesel