Tag: BMW

The BMW i8 and Tesla Model S are simply futuristic and a real game changer for the high-powered fleet. Both boast rechargeable battery packs, and come loaded with six figure price tags. They are also manufactured by the world’s technology intensive, forward looking brands.

After BMW has implied and then withdrew its concept for a fuel cell electric vehicle (FCEV) during the 2015 North American International Auto Show, the German automaker has finally announced its plans for production by 2020.

Global sales of BMW Group’s core brand rose faster in June than at Audi and Mercedes-Benz as demand from China and the United States helped the premium carmaker to extend a lead over the two rivals in the first six months of the year.

Sales at the brand were up 9 percent last month to 153,075, the group said today, compared with growth of 5 percent to 140,300 and 8 percent to 131,609 at Audi and Mercedes respectively.

Six-month sales at BMW brand rose 8 percent to 804,000 cars, expanding the lead over runner-up Audi to 24,000 from 11,000 after five months. Half-year sales at Audi and Mercedes rose 6 percent each to 780,500 and 694,000 respectively.

“BMW has stronger momentum than Audi and Mercedes, that won’t change in the second half,” said Hanover-based NordLB analyst Frank Schwope. “Design of their cars has improved and they’re [...]