Munich prosecutors fine BMW $9.65 million for defective engine software

BMW M2 M Performance Edition

Munich prosecutors fined BMW 8.5 million euros ($9.65 million) for administrative failures after the German luxury automaker set up the wrong engine management software into 7,965 vehicles, resulting in higher emissions. The prosecutor’s office stated BMW was guilty of oversight lapses. BMW stated it has accepted the findings of the Munich prosecutor. The engine management […]

BMW says group sales increased 1.1 percent in 2018

BMW 6 Series Coupe

BMW’s group sales increased 1.1 percent worldwide in 2018 to 2,490,664 vehicles, the company stated on Friday, adding that it expected a slight increase this year regardless of challenging market conditions. BMW brand sales boosted by 1.8 percent globally in 2018, to 2,125,026 vehicles, the company stated, with December sales increasing 1.3 percent. The group’s […]

Vukotich named as new head of autonomous driving development of BMW

Images of BMW 5-Series

Germany automaker BMW stated on Saturday Alejandro Vukotich is going to be the new head of its driver assistance and autonomous driving development department from January next year. Vukotich will replace Elmar Frickenstein, who has been in charge of the department since it was created in May 2016 and who will retire following a three-month handover […]

BMW drives to slash battery costs, share expenses on autonomous vehicles

BMW 750iL, Tupac Shakur car for sale

German automaker BMW AG prepares more deals with mining companies to secure electric vehicle battery materials, and is open to establishing alliances to share the expenses of developing autonomous-vehicle systems, the automaker’s research and development chief informed Reuters. BMW management board member Klaus Froehlich stated automakers and large providers have started to discuss how to […]

Daimler increases investment on North American auto plants

Daimler logo

U.S. automakers are dealing with increasing pressure amid sluggish demand in the country, as Asian and European auto companies strongly increase vehicle production in North America, including a recent investment by Daimler. In the recent move, Daimler prepares to invest $1 billion to broaden its Mercedes Benz assembly plant near Tuscaloosa, Alabama, to provide batteries […]