BMW Archives — Page 4 of 4 — City Business News

November 25, 2017 No Responses

BMW to invest $237m on battery cell center

BMW will bundle its battery cell expertise in a new competence center, the German luxury carmaker said on Friday, adding it would invest 200 million euros ($237 million) in the site over the next four years. “By producing battery-cell prototypes,...

October 5, 2017 No Responses

Cultural diversity on display as Coscharis welcomes new BMW 5 Series to Nigeria

By Moses Ebosele, ebosele@HOTMAIL.COM – The new BMW 5 Series Sedan has settled in Nigeria to continue the remarkable success recorded by its predecessors over the years. More than 7.6 million BMW 5 Series cars were sold across its...

September 18, 2017 No Responses

Marc Leishman wins 2017 BMW Championship

BMW has congratulated Marc Leishman for winning the 2017 BMW Championship on Sunday at Conway Farms Golf Club in Lake Forest, IL. Leishman took charge from the start, completing the first round nine-under par and never looking back. Once...

September 9, 2017 No Responses

BMW to unveil 12 electric car models by 2025

BMW says that it’ll have a total of 25 electrified vehicles in its lineup by 2025, with a full dozen of those being full-electric cars. These should have a usable range of up to 435 miles, BMW CEO Harald Krueger...

August 16, 2017 No Responses

BMW to unveil all-new Roadster

BMW will unveil two concept vehicles on August 17th, at the Lodge at Pebble Beach Concours d’Elegance Reviewing Stand area on the 18th green. Speakers will include Bernhard Kuhnt, new President & CEO BMW of North America and Adrian...

August 2, 2017 No Responses

BMW records 21,965 sales in July

Sales of BMW brand vehicles decreased 14.8 percent in July for a total of 21,965 compared to 25,777 vehicles sold in July 2016. Year-to-date, the BMW brand is down 4.6 percent in the U.S. on sales of 171,051 vehicles compared...

July 13, 2017 No Responses

BMW Group delivers 1.2m vehicles in six months

BMW Group sales achieved their best ever June, with sales in the month totalling 232,620, a 2.1% increase year-on-year. It was also a record first half-year with sales of the BMW Group’s three premium brands, BMW, MINI and Rolls-Royce,...

July 4, 2017 No Responses

Mercedes-Benz maintains lead over BMW

Mercedes-Benz held off BMW again last month to preserve its substantial midyear lead in U.S. luxury auto sales. BMW’s CEO isn’t ready to accept being relegated to the second position. Mercedes sold 28,994 cars and light trucks in the U.S....

July 1, 2017 No Responses

BMW unfolds $600m expansion agenda

BMW is to invest an additional $600 million to expand its South Carolina plant. The expansion is scheduled to create 1000 new jobs over the next four years. The Chief Executive Officer, Harald Krueger’s announcement coincided with the German...

May 13, 2017 No Responses

BMW to revive 8 series in upmarket strategy push

By Edward Taylor, Reuters – BMW Group said it will launch an 8-series model in 2018, reviving its upmarket coupe line as part of a broader strategic shift to focus on higher-margin sports cars rather than compact vehicles. “The 8-series...

April 13, 2017 No Responses

BMW records 254,862 global sales in March

BMW Group sales achieved their best ever in March 2017, with sales in the month totalling 254,862, a 5.9% increase year-on-year. It was also a record first quarter with sales of the BMW Group’s three premium brands, BMW, MINI and...

January 25, 2017 No Responses

BMW unveils 2018 4 Series

BMW has announced updates to the 2018 BMW 4 Series. Available in three distinct body variants, the BMW 4 Series according to the company embodies the very essence of dynamics and aesthetic appeal in the premium segment. “The arrival of...

January 5, 2017 No Responses

‘Demand for BMW 7 Series up by 39 %’

Between January and December 2016, demand for BMW 7 Series increased by 39 per cent to 12,918 in the United States of America (USA). The BMW X1 also set a new sales record with 27,812 units, a 92.9 percent increase...

November 5, 2016 No Responses

BMW explains increase in third-quarter profit

(Bloomberg/Reuters)- BMW Group’s third-quarter profit rose 1.1 percent as demand for its SUVs propelled sales in Europe and China, offsetting a slump in the U.S. Earnings before interest and taxes climbed to 2.38 billion euros ($2.64 billion) from 2....