Archive for the ‘BMW’ Category

BMW Opens $1 Billion Plant in Mexico

Automaker opens site despite Trump administration's tariff threats.

by on Jun.10, 2019

BMW opened its $1 billion plant in San Luis Potosi, Mexico, despite the turmoil surrounding the Trump administration's tariff threats.

Amid the turmoil about U.S. tariffs on Mexican made goods, the BMW Group dedicated its newest assembly plant in San Luis Potosi, Mexico.

“The new plant in San Luis Potosi is an important pillar of the BMW Group’s global production strategy. We aim to achieve a balance in our production and sales in the different world regions,” Oliver Zipse, member of the Board of Management of BMW AG responsible for Production, said during the ceremony.

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“We want to strengthen our footprint in important and growing markets. San Luis Potosi will significantly boost our regional production flexibility in the Americas. From here, we are delivering our locally produced BMW 3 Series sedan to customers worldwide.” (more…)

BMW, Jaguar Land Rover Team Up on Next-Gen Battery-Drive Technology

Move marks the latest in growing list of partnerships in new technologies expected to reshape auto industry.

by on Jun.05, 2019

Despite its success with electric vehicles like the Jaguar I-Pace, Jaguar Land Rover is partnering with BMW it accelerate its technology development curve.

BMW and Jaguar Land Rover will team up to develop next-generation electric drive systems, the two automakers announced Wednesday, a move that underscores both the industry’s push into new technologies like electrified and autonomous driving, as well as the push by manufacturers to form joint ventures to share costs and speed up development.

BMW was one of the pioneers in electrification with products like the battery-powered i3 and i8 plug-in hybrid, but it has lost momentum during the last several years as competitors – including Jaguar with its all-electric i-Pace – have begun launching a wave of new battery-cars.

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“We’ve proven we can build world-beating electric cars but now we need to scale the technology to support the next generation of Jaguar and Land Rover products,” said Nick Rogers, JLR’s Engineering Director. “It was clear from discussions with BMW Group that both companies’ requirements for next generation EDUs to support this transition have significant overlap making for a mutually beneficial collaboration.” (more…)

Mini Electric Tows a 150-ton Boeing Jet

New commercial highlights new EV’s stump-pulling torque.

by on Jun.03, 2019

Need to tow a Boeing 777? Mini's new SE battery-electric model is clearly up to the task.

Tell most folks you want to buy an EV and they’ll likely picture a slow and stodgy vehicle that can barely get out of its way.

That image is changing, thanks to the Tesla Model S with Ludicrous Mode, as well as some of the new battery-electric supercars like the new Pininfarina Battista. But there were clearly some folks shocked when they realized what you could pull off stuffing an electric drive system inside a Mini.

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The British arm of BMW is kicking off an ad campaign teasing the all electric Mini Cooper SE it will launch later this year by showing it towing a 150-ton Boeing 777F freight jet at the airport in Frankfurt, Germany. (more…)

Auto Stocks Taking a Beating as Industry Prepares for Mexican Tariffs

Domestic, import automakers alike hammered by Trump plan.

by on Jun.03, 2019

GM imports more vehicles from Mexico than any other automakers, including the Chevy Silverado.

It’s a bear market, at least when it comes to automotive stocks, with Pres. Donald Trump’s planned tariffs on Mexican imports set to go into effect a week from today.

Last Friday, the president tweeted that he was prepared to enact a new 5% tariff on Mexican goods in an effort to pressure that country to stem illegal immigration across the southern border. Barring any resolution, Trump said that would continue to climb to 25% by October 1.

Beyond the Headlines!

Nearly a dozen manufacturers would quickly be forced to either raise prices on vehicles imported from Mexico and risk weakening sales, or absorb the tariffs and take a hit to their bottom lines. But even vehicles produced in the U.S. would face tariffs on imported parts and components, such as engines, wiring harnesses and body and interior trim, according to industry analysts.

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Lexus Lifts the Covers on Updates RX Line in Bid to Retain CUV Dominance

More aggressive styling, more features – but there also are plenty of new competitors.

by on May.30, 2019

Lexus VP Lisa Materazzo shows off the 2020 RX 350 F Sport during a CA event Wednesday.

For countless American family buyers, the Lexus RX has served as the luxurious alternative to a minivan. Almost from the moment it was introduced, 22 years ago, it has dominated the high-line midsize crossover market, and that’s a position Lexus is determined to retain as what was once a small niche has become one of the U.S. luxury market’s largest segments.

Four years after launching the fourth-generation RX, Lexus is giving the CUV a significant enough “refresh” to stage a roll-out event for journalists in both the U.S. and China on Wednesday night. What they got to see was a vehicle with more distinctive styling, more high-tech features and more advanced safety gear as a standard feature – but with the 2020 Lexus RX facing significantly more competition than ever before, the question is whether it can maintain its traditional momentum.

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Part of the challenge is that Lexus has, since it first launched in 1989, been a Baby Boomer brand, and the RX line is one of the examples of that, said Rebecca Lindland, an automotive analyst with RebeccaDrives. “The RX,” she added. “is no longer aspirational” for the subsequent generations “just starting their families.”

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First Look: 2020 BMW X1

Fresh face for popular crossover.

by on May.29, 2019

The face of the 2020 BMW X1 picks up the design updates seen on the new X5 and X7.

BMW is freshening up its most popular “Sport Activity Vehicle,” the X1, for the 2020 model-year.

The X1 is the Bavarian automaker’s best-selling crossover worldwide, and its third-most popular X model in the U.S., so, with the current version already four years old, it is clearly time for a facelift.

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And that’s primarily what you’ll see when the 2020 BMW X1 rolls into showrooms later this year: new front and rear styling – in line with the changes we’re seeing on new models like the X7 — along with some modest updates to the SAV’s interior

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15 Years Later, Caddy Ready to Reveal Two New Models

CT4-V and CT5-V to debut next week. Could electrification by the future of the V-Series?

by on May.24, 2019

The original Cadillac CTS-V was tested on a variety of different tracks, including Germany's Nurburgring, as well as Road America in Elkhart Lake, WI.

Fifteen years after Cadillac introduced its first V-Series model, two more performance offerings are set to make their debut next week, the automaker has confirmed.

What’s unusual about the coming news is that Caddy will use a preview in Detroit to reveal the all-new CT4 sedan in V-Series trim first, with the base model set to follow later, reversing its normal approach. The event also will see the introduction of a V-version of Caddy’s mid-range sedan, the new CT5-V, that effectively replaces the old CTS-V that kicked off the performance program when it debuted in 2004.

The Last Word!

“From the very beginning, Cadillac’s V-Series represented the ultimate expression of our design, technology and performance,” said GM President Mark Reuss, ahead of the two introductions. “It introduced an entirely new breed of performance-minded customers to Cadillac showrooms and helped transform the brand’s traditional image into one with different facets for customers’ varying driving tastes.”

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BMW Acknowledges Rival Zetsche’s Retirement Humorously

Mercedes doesn't wait long to respond via Twitter.

by on May.24, 2019

"Dieter Zetsche" drives off into retirement from Mercedes-Benz and Daimler — in his BMW i8 electric sports car.

Dieter Zetsche’s retirement from Daimler AG churned up a lot of memories for industry observers and, perhaps more importantly, competitors.

Often competitors will acknowledge notable retirements, and BMW, the primary foil for Mercedes-Benz, did just that with a short video congratulating “Dr. Z” for moving on to the next phase of his life and his contributions to the industry.

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However, the Bavarian automaker couldn’t resist having a little bit of fun with . (more…)

BMW Adds New M Performance Versions of X5, X7

BMW expands its SAV range,

by on May.22, 2019

The all-new BMW X7 gets a high-performance boost with the debut of the M50i edition.

With more and more motorists switching from passenger cars to SUVs and CUVs, it’s no surprise that we’re beginning to see manufacturers not only expand their utility vehicle line-up but also add more performance variants.

BMW has been a leader in this trend and it’s muscling up its performance family with today’s debut of two new M Performance variants based on the latest X5 and all-new X7 “Sport Activity Vehicles.” Both new models will go into production in August at the BMW plant in Spartanburg, South Carolina, and reach showrooms soon after.

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Both the M Performance X5 and X7 will share the same powertrain, the latest version of BMW’s 4.4-liter Twinpower Turbo V-8. Paired with an 8-speed automatic gearbox, the engine pours out 523 horsepower and 553 pound-feet of torque.

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Another Automaker Abandons the V-8

Genesis will drop Tau V-8 when new G80 debuts this autumn.

by on May.20, 2019

The next version of the Genesis G80 will come to market without its familiar Tau V-8.

Way back in the late 1970s, when twin oil shocks and the then-new Corporate Average Fuel Economy mandate forced automakers to start focusing on energy efficiency, conventional wisdom had it that the V-8 would soon vanish. It didn’t quite work out that way and the engine of choice for many performance and heavy-duty vehicles has remained surprisingly robust.

But as global emissions and mileage regulations continue to tighten, the V-8 appears, once again, to be an endangered species, and the Hyundai Motor Group is the latest getting ready to throw in the towel.

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The Korean carmaker’s luxury brand Genesis plans to abandon its 5.0-liter Tau V-8 when it rolls out new versions of its two biggest sedans, according to the marque’s CEO. That phase-out will begin later this year with the launch of a new version of the G80.

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