According to the 2012 CarMD Vehicle Health Index, Toyota Motor Sales, U.S.A., Inc., is the no. 1-ranked manufacturer in the U.S. for the second consecutive year. Toyota earns the top spot with the lowest Index rating of 0.58, which is an improvement from its 0.67 rating in 2011 (the lower the rating score, the better the overall ranking). Rounding out the top five vehicle manufacturers of 2012 are no. 2 Hyundai Motor America, no. 3 BMW USA, no. 4 Honda Motor Co., Inc. and no. 5 Volkswagen of America, Inc.
Manufacturer / Overall CarMD 2012 Index Rating / Average Repair Cost (Parts & Labor)
Toyota / 0.58 / $490.72
Hyundai / 0.67 / $271.86
BMW / 0.84 / $502.48
Honda / 0.98 / $466.77
Volkswagen / 0.99 / $392.00
Nissan / 1.00 … CONTINUED
BMW has ranked as the most attractive auto company to work for on a World’s Most Attractive Employers 2012 report.
For the fourth year in a row, business students from around the world rated Google as the company they would most like to work for. The World
Karim Habib has been in charge of BMW Design since June 2012. The Lebanon-born Canadian heads a team of designers and developers working to constantly enhance and redevelop the designs of current and future BMW models. A sophisticated designer who grew up in five countries with vastly different cultures, he is committed to the idea of evolving design and is always striving to expand his range of skills. To this end, he doesn’t merely apply himself to his immediate field; he also appreciates the more technical aspects of his work. The art of continuous self-improvement is one he developed early on as a member of the Canadian U-20 national fencing team and has put to use in various roles throughout his career. Apart from a … CONTINUED
The BMW Group continued to perform successfully during the period under report despite difficult market conditions. Sales volume, revenues and earnings figures all constituted new highs to date for a third quarter. Revenues during the three-month period from July to September rose by 13.7% to € 18,817 million (2011: € 16,547 million). The profit before financial result (EBIT) increased by 13.8% to € 2,004 million (2011: € 1,761 million). Third-quarter profit before tax (EBT) improved by 17.6% to € 1,987 million (2011: € 1,689 million). Net profit for the period came in 16.0% higher at € 1,289 million (2011: € 1,111 million). The total number of BMW, MINI and Rolls-Royce brand vehicles delivered to customers during the third quarter increased by 9.0% to 434,963 units … CONTINUED
BMW of North America will give $1 million to the American Red Cross for disaster relief in the aftermath of Hurricane Sandy.
Woodcliff Lake, NJ – November 2, 2012… “This donation will help the Red Cross give aid to the many who are in need in the affected areas,” said Ludwig Willisch, CEO and President, BMW of North America. “We support those who are working so hard on the recovery effort and we are encouraging our employees across North America to volunteer their time and money to the work underway. Our dealers already are active in their communities and we thank them for stepping up to meet the needs in their local areas.”
BMW of North America is headquartered in Woodcliff Lake, New Jersey, one of the … CONTINUED
Woodcliff Lake, NJ – November 1, 2012… The BMW Group in the U.S. (BMW and MINI combined) reported October sales of 32,339 vehicles, an increase of 18.5 percent from the 27,288 vehicles sold in the same month a year ago. Year-to-date, BMW Group is up 8.4 percent on sales of 267,267 in the first ten months of 2012 compared to 246,602 in the same period in 2011.
“Momentum is increasing and the October figures show supply is finally catching up with demand as our new models arrive in greater numbers”, said Ludwig Willisch, President and CEO, BMW of North America, LLC. “At the same time, our thoughts are with colleagues and customers affected by the hurricane and its aftermath. We are all working together in this … CONTINUED
The BMW Group plans to build a new plant in Brazil. “We welcome the new framework for investments in Brazil, based on the recently adopted “Inovar Auto” legislation. We have submitted an investment proposal for our planned new plant to the Brazilian Government,” said Ian Robertson, Member of the Board of Management, responsible for Sales and Marketing BMW, at a meeting with Brazilian President Dilma Rousseff in the capital, Brasilia, on Monday.
Subject to final approval of the plans by the Brazilian Government, the goal is for production to begin in 2014. Investments over the next few years will total more than 200 million euros. Plans call for a production capacity of approximately 30,000 vehicles per year. More than 1,000 new jobs will be created at … CONTINUED
BMW has shifted tens of thousands of cars that were originally targeted for Europe to the U.S. and Asia this year as sales weaken in the crisis-hit region.
“Challenges in Europe are getting greater,” Ian Robertson, sales chief for the world’s largest luxury-car brand, said to reporters today at a company event in Munich. The region faces “a lot of bumps on the road” before it stabilizes and an auto-market recovery could take years, he said.
Europe’s car industry is poised to suffer its biggest annual sales drop in 19 years in 2012. Munich-based BMW has avoided the brunt of the European sovereign-debt crisis thanks to demand in the U.S. and China for models like the new 3-Series sedan. The brand sold 14 percent more cars and … CONTINUED
Today, on the fifth anniversary of the opening of the BMW Welt, the BMW Group gave the press a sneak preview of its new brand experience. The official opening weekend for all visitors will be on 20-21 October 2012. From now on, the brand worlds of MINI, Rolls-Royce and Husqvarna Motorcycles, and the sub-brands BMW i, BMW M and MINI John Cooper Works will be part of the BMW Welt experience, as well as the BMW and BMW Motorrad brands. The BMW Group will also present its own company exhibition for the first time in the Double Cone. Therefore, Bavaria