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BMW’s Quandt Family Renews Pledge. To Lead, Not Follow.
During the recent event in Munich to mark the 50th year anniversary of the Quandt family rescue of BMW, their ascent to becoming the dominant shareholder of BMW, Stefan Quandt renewed a pledge to stay with BMW."Lead, dont follow - thats the entrepreneurial calling of BMW." ... CONTINUED
14 years ago
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BMW News
BMW Group Reports Best October Sales Ever
MW Group sales recorded double-digit growth once again in October. With 128,593 BMW, MINI and Rolls-Royce brand automobiles sold worldwide (+11.6%, prev. yr. 115,278 units), the BMW Group achieved its best-ever October sales result. A total of 1,190,796 (prev. yr. 1,054,841) vehicles have been delivered to customers since the start ... CONTINUED
14 years ago
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BMW News
BMW UK Launches New Online Customer Service Rating System, an Industry First
BMW and MINI dealerships have launched a brand new customer service system that allows every customer to rate their experience on a five star scale and to write specific comments on the dealer's website. The system, which is believed to be the most transparent and comprehensive in the industry, has ... CONTINUED
14 years ago
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BMW i
BMW extends Leipzig Plant for Megacity Vehicle Production
The mobility of the future is under construction in Leipzig. The BMW Group is expanding its plant in Leipzig to make it the first location in Germany equipped to handle the large-scale production of zero-emission electric cars. In the period up to 2013, around €400 million will be invested at ... CONTINUED
14 years ago
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BMW News
BMW CEO’s Quarterly Updates. Raises 2010 Earnings Forecast.
BMW CEO Norbert Reithofer provides a quarterly update of BMW's current and future state of the company, including mention of future vehicles and sales. He also announced BMW's increased earnings forecast for 2010.
14 years ago
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BMW News
2010 October BMW Sales Rise
The F10 5-series helped lead BMW to an overall vehicle sales increase of 17.2% for a total of 19,272 vehicles from the 16,443 units sold in October of last year. Year-to-date, BMW sales were up 10 percent to 176,736 vehicles from the 160,666 units sold in the same period of ... CONTINUED
14 years ago
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BMW News
New BMW Program Rents Cars By the Hour, Even Performance Models
BMW has announced a new pilot program to rent out cars by the hour called BMW On Demand which will allow drivers near its Munich headquarters to rent various models from its product lineup, from the 1 series to its flagship 7 series sedan, and even performance models like the ... CONTINUED
14 years ago
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BMW News
BMW and PSA Peugeot Citroen Expand Cooperation to Hybrid FWD Systems
The BMW Group and PSA Peugeot Citro
14 years ago
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3-Series
BMW May Build Fourth Model in US – Possibly 3-Series
BMW is considering adding a 4th model to be produced at the Spartanburg, S. Carolina plant, to further compete with Lexus and Mercedes in the U.S. The 3-series may wind up being that extra model, given its high volume and Mercedes announcement last year that its Alabama factory ... CONTINUED
14 years ago
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BMW News
Video: 2011 BMW X3 and Spartanburg Plant Expansion Dedication Ceremony
The dedication ceremony for the all-new 2011 BMW X3 and the Spartanburg Plant Expansion Completion was held yesterday at BMWs Spartanburg plant in South Carolina. On hand were various members of BMW management as well as important dignitaries. On hand and making speeches were:President ... CONTINUED
14 years ago
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BMW News
BMW CEO Denies GM Partnership Discussions
It was recently rumored that BMW was in discussions with General Motors regarding a potential partnership to develop engines. However, BMW CEO Norbert Reithofer said yesterday that BMW has had absolutely no discussions with General Motors regarding any cooperative efforts.... CONTINUED
14 years ago
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BMW News
BMW Commitment in US Continues With Spartanburg Expansion and New X3 Production
BMW celebrates the opening of the new 1.2 million square feet (1 billion dollar) BMW manufacturing facility in Spartanburg, South Carolina and the production of the new BMW X3 at the facilities.
14 years ago
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BMW News
BMW Pushes for More Custom Order Cars
BMW is launching a marketing push to convince more American consumers to custom order and take delivery in just 2-6 weeks. To entice them, BMW will offer them unique choices and provide a video link of their car being "born" while they're waiting for delivery. The push coincides with a ... CONTINUED
14 years ago
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BMW News
BMW Strong Sales Growth of 16.8% in September
The BMW Group continued its successful course worldwide in September. With 142,950 BMW, MINI and Rolls-Royce brand automobiles delivered to customers, sales were 16.8% higher than in the same month last year. In addition, BMW X6 sales have hit 100,000!
14 years ago
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BMW News
BMW To Start China Leasing Business in 2012
BMW AG plans to start a car-leasing business in China in 2012 to help boost its presence in the fast-growing auto market. A leasing business and a new finance arm, announced earlier this week, may help the Munich, Germany-based automaker increase sales in China's fast-growing luxury sector. Sales of luxury ... CONTINUED
14 years ago
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BMW News
BMWNA Announces October 2010 Price Increase of 1%
BMW of North America has announced an average base price increase of 1% for many BMW vehicles sold in the U.S. effective October 1, 2010. The F10 5-series, 5-series GT, ActiveHybrid X6, and ActiveHybrid 7-series not affected by this increase. Pricing for the all-new 2011 BMW X3 will be ... CONTINUED
14 years ago
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BMW News
New BMW Finance Program Aims to Boost Owner Loyalty Beginning September 21
The captive finance company will begin identifying to BMW dealers their customers who are in good standing and whose vehicles' market value is more than what is owed. Dealers will then contact those customers and tell them which new BMW vehicles they can buy within the same monthly payment ... CONTINUED
14 years ago
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BMW News
BMW 15th Best Global Brand (Out of Top 100)
The Best Global Brands is an annual study conducted by Interbrand which ranks the value of the world's top brands, based on an assessment of its value in US Dollars. BMW is listed at the 15th position this year. Some other studies have listed BMW as the most valuable auto manufacturer ... CONTINUED
14 years ago
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