BMW Archives — Page 3 of 5 — City Business News

July 19, 2019 No Responses

BMW Names New CEO

BMW has named its top production manager, Oliver Zipse, as CEO to lead the luxury automaker through a shift to new ways of doing business such as electric vehicles and offering cars on a per-use basis.The company said Thursday that...

July 9, 2019 No Responses

Coscharis Welcomes New 7 Series

The all new BMW 7 series is has arrived in Nigeria courtesy Coscharis Motors. The BMW brand flagship comes with a more distinctive, luxurious and outstanding dynamics. It stands out with its prestigious, elegant appearance, superlative comfort and exceptionall...

July 3, 2019 No Responses

New BMW X6 Coupe Debuts

BMW on Tuesday announced new 2020 X6 Sports Activity Coupe. More than ten years ago, BMW combined the attributes of the Sports Activity Vehicle with the more aggressive DNA of a Coupe to create the X6 and the new Sports...

May 8, 2019 No Responses

BMW Explains $1.6B Drop In Q1 Profit

For the first quarter 2019, BMW has declared 1.4 billion euros ($1.6 billion) drop in profit. BMW’s first-quarter profits slumped after car sales in key markets slowed and the automaker revised a provision for a potential fine for alleged collusion...

September 9, 2018 No Responses

BMW Gets Voice-Activated Digital Assistant

Beginning in March 2019, select new BMWs will have a digital co-pilot onboard. The German luxury brand announced Thursday the BMW Intelligent Personal Assistant will help drivers and passengers with a host of functions in the car. The Intelligent...

July 6, 2018 No Responses

New BMW X5 Gets $61,695 Price Tag

Scheduled to go on sale in November, the 2019 BMW X5 will cost $61,695 for a turbo-6-powered, all-wheel-drive, Louis Vuitton transportation device, the automaker has announced. Stepping up to the V-8-powered X5 xDrive50i will add a breathtaking $15,050 to the....

July 4, 2018 No Responses

BMW Group Declares 176,022 Sales In June

Sales of BMW Group vehicles (BMW and MINI brands combined) in the U.S. increased 0.5 percent in June 2018 compared to the same month last year. Year to date, BMW Group sales total 176,022 vehicles, an increase of 2.8 percent...

May 7, 2018 No Responses

BMW Explains €2.3b Net Profit, 604,629 Sales In Q1

BMW profits expanded slightly in the first quarter of 2018 as margins unexpectedly climbed despite a hit from currency headwinds on its top-line The Munich-based premium carmaker explained that first quarter revenues fell 5.1 per cent from a year ago...

April 2, 2018 No Responses

BMW M5 Wins 2018 World Performance Car

The all-new BMW M5 recently received the prestigious 2018 World Performance Car Award at the New York International Auto Show. The 6th generation BMW M5 is the fastest most technologically advanced M-vehicle to date. For the first time ever,...

March 22, 2018 10 Responses

BMW Targets Pre Tax Profit of 10B Euros In 2018, Sets Aside 7B Euros For Electric, Autonomous Cars

BMW will increase research and development spending to an all-time high of up to 7 billion euros ($8.6 billion) this year as part of efforts to bring 25 electrified models to market by 2025 BMW said that despite higher...

March 8, 2018 3 Responses

Mercedes, BMW Penetrates South Korea

Mercedes-Benz and BMW both sold more cars in South Korea than General Motors for the first time last month, helped by the growing popularity of German premium brands and as consumers shied away from GM after it announced a major...

March 2, 2018 one Response

BMW records 23,508 sales in February

For the Month of February, 2018, sales of BMW brand vehicles increased to 23, 508, an increase of 4.2 percent when compared to 22,558 vehicles sold within same period in 2017. Collectively, the BMW X models had a very...

February 14, 2018 No Responses

Coscharis BMW Unveils Valentine Special Packages

Coscharis Motors Plc, exclusive representative of the BMW brand in Nigeria has commenced the celebration of love with its customers through the Valentine Special promo for select BMW variants starting from February 12 to February 19, 2018 nationwide. Accor...