Archive for the ‘BMW’ Category
BMW X1 Confirmed for US in 2011
It was confirmed today that the BMW X1 is planned to debut in the United States in calendar year 2011. The X1 has been conceived with the flexibility to offer traditional rear-wheel drive and xDrive all-wheel drive configurations, as well as a wide variety of gasoline and diesel powertrain choices. In...
July 1st, 2009 | BMW | Read More
BMW 2008 sales down 5%
German luxury automaker BMW, which is struggling in its key North American market, said Friday its 2008 vehicle sales fell five percent from the year-earlier record to 53 billion euros (71.6 billion dollars).
It said demand tumbled in the fourth quarter, in common with the industry as a whole as the...
February 6th, 2009 | BMW | Read More
BMW reports plunge in sales
German carmaker BMW said Wednesday that the financial crisis led to a 15-percent plunge in unit sales in September, with deliveries in the United States alone dropping by more than a quarter.
"The crisis in the financial markets is currently making consumers highly reluctant to purchase, especially in...
October 8th, 2008 | BMW | Read More
Drive an Expensive Import? You Probably Lease It
Upscale brands like BMW (BMWG.DE), Saab, and others are cutting back on leasing for some of the same reasons Chrysler quit leasing outright, effective Aug. 1. Ford Motor (NYSE:F - News) and General Motors (NYSE:GM - News) have also said they are taking incentive money out of leasing and putting it toward...
August 26th, 2008 | BMW | Read More
BMW adds MyInfo Service from BMW Assist powered by Google Maps
Navigation systems have become even easier, faster and more convenient to use with the introduction of "MyInfo". This latest addition to the BMW Assist Safety Plan allows subscribers to send business locations and street addresses and their associated phone numbers found in Google Maps(TM),...
April 14th, 2008 | BMW | Read More
BMW to invest 750 million dollars in US plant
German luxury carmaker BMW said on Monday it plans to invest an extra 750 million dollars (490 million euros) through 2012 in expanding its US plant at Spartanburg, South Carolina.
The plant will grow in size by 60 percent and will produce 240,000 units a year compared to the current 160,000,...
March 10th, 2008 | BMW | Read More
BMW confirms 8,100 job cuts worldwide
The German luxury carmaker BMW said Wednesday that a restructuring plan aimed at boosting profitability would see the overall elimination of 8,100 jobs worldwide.
Part-time workers would be hit hardest, with 5,000 fewer posts, half of which had already been cut last year, a BMW spokesman...
February 27th, 2008 | BMW | Read More
BMW plans job cuts next year
BMW AG said Friday it will cut thousands of jobs next year, three months after incoming CEO Norbert Reithofer said he would focus on increasing the rate of return for the automaker.
Mathias Schmidt, a spokesman at the Munich-based company, did not say exactly how many thousands of jobs would...
December 21st, 2007 | BMW | Read More
Ohio Police Dept Gets a BMW X3 for K-9 Unit
The Police Department K-9 Unit in Hilliard, Ohio will fight crime in a brand new patrol vehicle - a customized 2007 BMW X3 - it was announced today by BMW Group Financial Services during an official donation ceremony held at its national Customer Service Center in Hilliard, Ohio. Joined by...
September 15th, 2007 | BMW | Read More
BMW sedan performs worst in crash test
The 2008 BMW 5 Series was the worst performer in new side-impact crash tests of luxury sedans by the insurance industry.
The Acura RL, Kia Amanti and Volvo S80 all earned the highest safety rating from the Insurance Institute for Highway Safety, according to results released Thursday. The...
August 17th, 2007 | BMW | Read More



