Focus on automotive: BMW
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05/24/2017Next year, the BMW Group aims to increase its dedicated research and development budget, focusing on connectivity and electrification.This was confirmed by the Group's chief financial officer (CFO) Nicolas Peter, in an interview with a German magazine.The Group had already increased its investments in the past few years, but it will now intensify... -
05/19/2017On the occasion of the ceremony for the production start of the long wheelbase 5-Series at the Dadong plant (Shenyang), the joint venture BMW Brilliance Automotive announced that China's production capacity will grow to 450,000 units a year, including also the Tiexi factory.The company invested around 1 billion Euros in the last three years to... -
05/18/2017The BMW Group has become leader in the premium segment in China thanks to the April sales of 48,869 units between BMW and MINI, up 39% over the same month of 2016.The challenge is still very high, as Mercedes and Audi rivals are following with few units less by selling 47,627 (+ 35%) and 46,166 cars (-6.9%) respectively.The Bavarian carmaker also... -
05/15/2017DriveNow, the car sharing joint venture of the BMW Group and Sixt SE, is bringing its range of services to Helsinki starting on May 24.The Finnish capital customers will have at their disposal initially a fleet of 150 cars divided between BMW and MINI (including the i3 EV) and the business will cover an area of approximately 40 square kilometers.... -
05/12/2017BMW Group Malaysia inaugurated a component distribution center in Senai, in the industrial area near the Malaysian International Airport.The structure is the largest of this kind for the Bavarian carmaker throughout the Asia/Pacific region and it will support 23 of the emerging markets of the continent (including Thailand, Singapore, Korea,... -
05/11/2017BMW dethroned Mercedes in the imported car market in Korea.It happened in April during which BMW Korean sales reached 6,344 units compared to 5,758 of the Star brand that was the leader in the first three months.Following in order Lexus, Toyota and Honda. BMW (pushed in April mainly by the 320d) had already been the number one for imports from... -
05/03/2017BMW has decided to produce its iNext EV flagship at the German plant in Dingolfing, starting from 2021.The car will, among other things, bring on the market the 3rd level of autonomous driving with the possibility of installing upgrades for the future level 4, in collaboration with Intel and Mobileye.The choice of assembling iNext in Dingolfing (...