Tag Archives: bmw

BMW agrees to pay $820 million to China car dealers, group says

BMW agreed to pay 5.1 billion yuan ($820 million) to its distributors in China to help cover their losses after the retailers stopped ordering cars from the manufacturer, a dealers’ group said.

The subsidies are the largest by an automaker to its retailers in China and will be paid by the end of February, said Song Tao, a deputy secretary general of the China Automobile Dealers Association, which represented the BMW distributors in the negotiations. The dealers are still in talks with the Munich-based carmaker over this year’s sales targets, he said.

BMW to start hydrogen car tests

Dr. Ian Robertson - BMW to start hydrogen car tests

The German sports and executive car builder has confirmed it’s about to throw its considerable expertise behind hydrogen fuel cell cars but if you’re waiting for a hydrogen-powered 5-Series to go on sale before making the jump to greener motoring, you could be disappointed.

BMW to show 360-degree collision avoidance and fully-automated remote parking at CES

The driver has the i3 park itself in a multi-story garage using a smartwatch

BMW will demonstrate new driver assistance and automated control functions including 360-degree collision avoidance and fully-automated parking in multi-story parking garages at the upcoming Consumer Electronics Show (CES) 2015 in January.

BMW’s new 218i Coupe to offer new 3-cylinder petrol engine

New BMW 3-cylinder turbo petrol engine for the 218i

With the market launch of the new BMW 218i Coupe, BMW will offer a new a three-cylinder petrol engine from the BMW Group’s latest engine family for the first time in the compact model. With a displacement of 1.5 liters, the newly developed power unit delivers a maximum output of 100 kW/136 hp and a maximum torque of 220 N·m (162 lb-ft) available at 1,250 rpm.

BMW names Krueger next CEO, Reithofer new chairman

Krueger (above) - BMW names Krueger next CEO, Reithofer new chairman

BMW said CEO Norbert Reithofer would step down in May, one year early, and hand the reins of the luxury carmaker to 49-year-old production chief Harald Krueger.