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To further take advantage of its understanding of Asia’s growing influence on design,BMW Group’s subsidiary DesignworksUSA, the California-based strategic design consultancy with studios in Los Angeles, Munich, and Singapore, will open a new studio in Shanghai in the second half of 2011. Since 2006, DesignworksUSA is successfully operating a design ... CONTINUED
13 years ago
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BMW Furthers Commitment to Mobility in Urban Environments with plans to renovate its NYC BMW and MINI dealerships for a sustainable future, the introduction of the BMW ActiveE full-electric vehicle and lease pricing for use in major US urban environments, including metropolitan NY area, and the introduction of the Z4 ... CONTINUED
13 years ago
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BMWNA and its new top marketing executive, Dan Creed, is currently searching for a new ad agency to help spend its estimated $160 million advertising budget. And the vast majority of the budget will go towards TV advertising. The advertising budget breakdown, as Creed told dealers at the National Automobile ... CONTINUED
13 years ago
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BMW's head of German Sales, Karsten Engel and Dingolfing Plant Manager Wolfgang Stadler today announced production of the 8th Million BMW produced at the plant and destined for the Piepenbrock Group. The vehicle was accepted in a ceremony by Olaf Piepenbrock to expand his own fleet of over 100 BMWs. BMW ... CONTINUED
13 years ago
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Just a a day ago, when I first read that Frank Weber, Chevrolet Volt lead engineer turned Opel executive, it got my mind thinking. Likely some sort of internal politics? Disagreement on strategies? Well, it seems to be the case that BMW is taking its commitment to electric thinking very ... CONTINUED
13 years ago
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The BMW Group sold more vehicles in March than ever before in a month. The company sold a total of 165.842 BMW, MINI and Rolls-Royce brand vehicles in the past month, not only significantly exceeding the figure for March of last year (141,717 units / +17%) but also the previous ... CONTINUED
13 years ago
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New management responsibilities at BMW M GmbH and MINI brand Friedrich Nitschke to head BMW M GmbH Kay Segler takes over MINI brand management Dr. Friedrich Nitschke (56) will take over as managing director of BMW M GmbH effective 1 May of this year. Nitschke was previously responsible for the MINI Series within ... CONTINUED
13 years ago
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In yet another example of how the Apple iPad is changing the world of business and retail, Autonews has an interesting article on how the iPad has and will soon likely speed up the lease return process at BMW dealerships throughout the country - something which will make the experience ... CONTINUED
13 years ago
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CNN Money has posted FORTUNE's list of the world's most admired companies. The general non-industry specific list is compiled from a survey of businesspeople from all industries. The industry-specific list (i.e. Motor Vehicles category) is derived from a survey of each specific industry, according to peer companies. BMW tops the Motor ... CONTINUED
13 years ago
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BMW is currently among the top 3 automakers closest to making their European Union mandated CO2 targets. They are currently #3 and follow Toyota and PSA/Peugeot-Citron. BMW needs to cut its overall fleet emissions by only 7.1 percent in order to meet the more onerous emissions regulations which begin next ... CONTINUED
13 years ago
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The BMW Group and Sixt AG are planning a unique and innovative car sharing venture. With effect from April 2011 onwards - initially in Munich and later in Berlin - the two companies intend to join forces in offering a modern mobility concept under the brand-name DriveNow; this new product ... CONTINUED
13 years ago
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The BMW Group has achieved new record highs for revenues and earnings in 2010, with revenues climbing by 19.3% to euro 60,477 million (2009: euro 50,681 million) and the profit before tax (EBT) jumping to euro 4,836 million (2009: euro 413 million). The Group reports a profit before financial result ... CONTINUED
13 years ago
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In a surprising move last week, Volkswagen acquired an 8% stake in SGL Carbon SE, with whom BMW has a joint venture for production of carbon fiber for the BMW i models. While BMW and Susanne Klatten (one main BMW shareholder) is watching this closely, Financial Times Germany now reports ... CONTINUED
13 years ago
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The BMW Group’s sales growth continued to be solidly in the double-digit range in February. A total of 111,720 BMW, MINI and Rolls-Royce vehicles were delivered to customers (prev. yr. 91,763) – an increase of 21.7% compared to February 2010 and setting a new record high for the month. For ... CONTINUED
13 years ago
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According to Ian Robertson of BMW, the company appears to be targetting annual i3 sales of at least 30,000 units by drawing a production target comparison to lower-volume Mini models (such as the Clubman, of which 30,000 were sold globally in 2010). Meanwhile, the i8's pricing remains to be determined, ... CONTINUED
13 years ago
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BMW CEO Norbert Reithofer said this week at Geneva that the company was "surprised" by Volkswagen's move to take an 8% stake in SGL Carbon SE, with whom BMW has a joint venture for production of carbon fiber. However, he added that that BMW's joint venture with the carbon-based products ... CONTINUED
13 years ago
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The BMW Group and PSA Peugeot Citroën plan to invest 100 million EUR in their intended joint venture on hybrid technology named “BMW Peugeot Citroën Electrification”, both companies announced at a press conference in Geneva today. The new company will operate out of two locations – the greater Munich area, ... CONTINUED
13 years ago
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The BMW Group in the U.S. (BMW and MINI combined) reported February sales of 19,919 vehicles, an increase of 10.8 percent from the 17,971 vehicles sold in the same month a year ago. “In a market affected by some nasty weather, the BMW and MINI brands continued their sales momentum ... CONTINUED
13 years ago
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