
New models and strong sales in China helped BMW AG to beat second-quarter profit forecasts and keep it on track to remain the world’s biggest luxury carmaker under the challenge of its German rivals.

New models and strong sales in China helped BMW AG to beat second-quarter profit forecasts and keep it on track to remain the world’s biggest luxury carmaker under the challenge of its German rivals.

During the Advanced Powertrain forum at the CAR Management Briefing Seminars in Traverse City, Steve Kiefer, GM’s vice president of global powertrain, said that GM will introduce more diesel-engined passenger vehicles in the US.
Sales of diesel particulate filters (DPFs) for trucks and buses in California increased at the end of 2013 and in the first half of 2014 compared to the first half of 2013, according to the results of a survey released by the Manufacturers of Emission Controls Association (MECA).
The total number of verified DPFs sold by MECA member companies for in-use, on-road, heavy-duty diesel vehicles operating in California in the first half of 2014 was 5,780 (includes both passive and active DPFs). This is a 65% increase over the 3,508 DPFs sold for this same period in 2013 and on par with the 5,457 DPFs sold in the second half of 2013. These latest numbers follow sales of 6,261 DPFs for trucks and buses in California in 2012.
Fiat said that Italian media reports about a significant number of its shareholders having exercised their exit rights, a move that could potentially jeopardize the carmaker’s merger with its U.S. unit Chrysler, were unfounded.