Latest in Tag: BMW Highlight

BMW outlines new digital strategy

Advertising Area





Latest in Tag: BMW


BMW first brand to officially launch electric vehicles in Egypt

The Bavarian Auto Group (BAG), BMW and Mini’s exclusive dealership in Egypt, became the first brand to launch electric vehicles (EVs) in Egypt. BAG completed the preparations to introduce a new generation of cars to keep pace with international markets. The most prominent preparations made by the group for customers are the completion of the …

Mohamed Al-Roubi

South Korea to fine BMW $10 million over engine fires

BMW has recalled millions of cars worldwide with a faulty exhaust gas recirculation cooler. South Korea’s Transport Ministry accuses the automaker of dragging its feet on the recall.South Korea said Monday that it will fine BMW 11.2 billion won ($9.9 million, €8.8 million) and file a criminal complaint with state prosecutors over an allegedly botched …

Deutsche Welle

BMW’s South Korea headquarters raided by police

South Korean police have searched German carmaker BMW’s Seoul headquarters in connection with dozens of engine fires earlier this year. Officers are investigating whether the company covered up vehicle defects.Police in Seoul on Thursday raided the headquarters of BMW Korea as part of an investigation into whether the German carmaker covered up defects that had …

Deutsche Welle

South Korea launches probe into BMW car recall after engine fires

South Korea is launching a probe into BMW over an alleged delay in recalling 103,000 cars following a spate of engine fires. If found negligent, the German automaker could face a multi-million euro payout.South Korea’s Transport Minister Kim Hyun-mee said in a statement on Friday that a government probe would “investigate the fires of BMW …

Deutsche Welle

BMW introduces versatile sports X2

The Bavarian Auto Group, the exclusive dealership of BMW and MINI in Egypt, announced the arrival of the new BMW X2 to the local market, which is known as a versatile compact SUV sports car. The new model was based on Concept X2, which was displayed at the company’s pavilion, during the 2016 Paris Motor …

Daily News Egypt

8 car brands lead price rises in April

The local automotive market witnessed a change in most car prices in April. The price moves included a number of models such as from Opel, Hyundai, Chevrolet, Mercedes-Benz and Ford. The price increases ranged between EGP 1,000, such as Chevrolet Aveo and EGP 40,000, like Mercedes C180. In March, the agents of Chevrolet, Hyundai, and …

Ahmed Amer

BMW faces lawsuit in US over alleged emissions cheating

German premium carmaker BMW is forced to deal with a class-action lawsuit filed in a New Jersey Court for allegedly using illegal software to manipulate emissions levels and providing false efficiency parameters.The lawsuit filed in the US District Court of New Jersey on Tuesday accused BMW of emissions cheating on diesel vehicles, including the carmaker’s …

Deutsche Welle

BMW increases R&D spending on e-cars, autonomous vehicles

German premium carmaker BMW has said it’s investing heavily in the development of new electric cars. Research and development spending on e-mobility was set to reach an all-time high this year, the company reported.Munich based BMW said Wednesday it would raise research and development spending to an all-time high of €7 billion (8.6 billion) this …

Deutsche Welle

Limited changes in car prices during March

A quiet state of calm prevailed over most car prices in March. The price moves were limited to a few models of Chevrolet, Hyundai, and Mitsubishi, ranging between a EGP 500 increase for the Verna to EGP 20,000 for the Lancer. Chevrolet, Renault, Ford, Toyota, Chery, Hyundai, and BMW had already moved their prices in …

Ahmed Amer

6 car dealers change their prices in February

Six car dealers—Chevrolet, Ford, Toyota, Chery, Hyundai, and BMW—changed their prices of February 2018 car deliveries. Prices rose by EGP 2,000 for cars like the Hyundai Verna and by about EGP 90,000 for cars such as the BMW X1. The majority of car companies welcomed 2018 by fixing their prices, with the exception of minor …

Ahmed Amer

Car companies welcome 2018 with price halts

Most car companies started the New Year by keeping the prices of their models unchanged, thus ending some customer hopes of a price drop. Price lists show that market outlook will continue, after a sharp drop in sales in 2017, a 40% decline in sales compared to 2016. With the exception of minor adjustments to …

Ahmed Amer

Historic leaps in car prices one year after flotation

The prices of cars have witnessed aggressive changes since the liberalisation of the exchange rate starting in November 2016. Daily News Egypt detected the changes to car prices in the Egyptian market from before the Central Bank of Egypt (CBE) made the decision to float the Egyptian pound last year up until November 2017. The …

Ahmed Amer

Automotive companies fix prices after Automech Formula 2017 concludes

A number of car companies decided to fix prices after offering discounts at the Automech Formula 2017. The automotive market witnessed a rise in the price of a number of models. With the recession plummeting market sales, customers are waiting for discount offers in the coming period, for new car buyers, after the used cars …

Ahmed Amer

Car prices continue climbing in August

July ended, and August began, but the expectations of distributors and dealers in the auto market remained mere inc as no prices have gone down as predicted. Even worse, several companies raised their prices in late July and August by over 8% compared to the beginning of July. Among the companies that raised prices are …

Ahmed Amer