BMW Reports their May 2009 earning today. Despite the continued downward sales as compared to last year, the numbers show that BMW had its best sales month of the year so far and also hit the 2 millions cars milestone in the USA.
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Here is a breakdown of all of BMWs factories from around the world with figures related to production volume and types of vehicle produced. Very interested read..
Well BMW has gone and done it and said “**** you” to Audi and the BMW Forums are going wild over it
In what appears to be more the result of the ongoing global economic and financial crisis than anything else, BMW reported that in the first two months of 2009, its Certified Pre-Owned (CPO) sales in the U.S. are up by a staggering 24 percent to 19,000 units and the company is on track to beat last year’s record number of 104,000 units. That’s compared to the firm’s 34,9% plunge in U.S. new car sales in the first two months of the year (12,979 units in Jan/Feb 2009 vs. 20,775 units … CONTINUED
BMW ADVANCED DIESEL MODELS QUALIFY FOR IRS ADVANCED LEAN BURN TECHNOLOGY MOTOR VEHICLE TAX CREDIT
Purchasers of 335d Sedan and X5 xDrive35d Sports Activity Vehicle qualify for up to $900 and $1,800 tax credit respectively. “Qualification for these tax credits is further recognition of the remarkable efficiency of our new BMW Advanced Diesel models,” said Jim O’Donnell, President of BMW of North America, LLC.
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BMW Groups design head Chris Bangle is quitting “to pursue his own design-related endeavors beyond the auto industry,” the German carmaker said Tuesday.
Adrian van Hooydonk, head of design for BMW brand, will succeed Bangle.
“Christopher Bangle has had a lasting impact on the identity of BMW Groups brands. His contribution to the companys success has been decisive,” said Klaus Draeger, BMWs development chief in a statement.
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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
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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.