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BMW outlines new digital strategy

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Latest in Tag: BMW


Automotive companies offer no price cuts in Ramadan

For the first time in years, car companies have not offered price cuts on their products during the holy month of Ramadan. Most car models’ prices remained unchanged, except Nissan, Hyundai, Chery, and Ford. Auto companies expect that the sector’s sales will fall due to the Central Bank of Egypt’s (CBE) decision to raise the …

Ahmed Amer

Missing Bosch part slows BMW production

German premium carmaker BMW has experienced production disruptions at several of its locations. The problems have been caused by a steering gear part that supplier Bosch has been unable to deliver in time.Employers at several BMW production facilities in Germany and abroad have been forced to go on holiday or put forward maintenance work planned …

Deutsche Welle

BMW third-largest electric car manufacturer

The market for electric cars and hybrids grew by 37 percent in 2016. BMW has made e-car production a priority, and now enjoys a market share of 7 percent, behind Tesla and market leader BYD from China.German car giant BMW is now the world’s third-largest manufacturer of electric cars, according to a report in German …

Deutsche Welle

Drunken BMW workers disrupt car production

At a BMW plant in Munich, Germany, production came to a standstill for almost an hour after two workers had passed out during their shift due to alcohol and drug consumption, costing the company dearly.Confirming a report in the German tabloid Bild on Monday, the Munich-based premium carmaker said two of its assembly line workers …

Deutsche Welle

Automotive market fails to control prices of 165 car models in October

A new wave of price increases for 165 car models from different brands continued through in October, registering record highs as a result of price increases that companies have put in place on newly imported shipments and the low supply offered in the market. These price hikes included the German brands Opel and BMW, the …

Ahmed Amer

BMW’s new e-car strategy

Amid stagnating sales of its battery-powered, lightweight ‘i’ models, BMW has had to admit its strategy for dominating the electric car market isn’t working. To change that, it plans to take a page from Tesla’s book.

Deutsche Welle

Low supplies cause car prices to rise in September

Coinciding with September’s deliveries, further price hikes have swept across approximately 137 models from all the well-known brands in the automotive market, registering record highs as a result of the price increases companies have put in place on newly imported shipments and the low supply offered in the market. These price hikes were registered for …

Ahmed Amer

Automotive companies advertise their models, services in the North Coast

While people flock to the coastal cities to take advantage of the summer months, automotive companies are also looking to take advantage of the summer season to promote their cars and after-sales services. Daily News Egypt is taking a look at the direction automotive companies are moving in, including Kia, Toyota, BMW, Renault, and Nissan. …

Ahmed Amer

BMW teams up with Intel, Mobileye

German carmaker BMW has announced that it’s entered into a technology alliance with chipmaker Intel and computer vision specialist Mobileye. The move is meant to support the firm’s focus on self-driving vehicles.

Deutsche Welle

Car prices continue to climb in June

The automotive market has witnessed dramatic prices increase in recent months, driven by the shortage of hard currency required for importing and the high exchange rate on the informal market.

Ahmed Amer

BMW outlines new digital strategy

German luxury carmaker BMW has presented a new long-term strategy aimed at strengthening the company’s market position in the digital age. Autonomous driving and e-mobility are high on the firm’s agenda.

Deutsche Welle

‘Look ma, no hands!’

Frankfurt’s IAA motor show is back in town along with more than 1,100 exhibitors from 39 countries. This year’s spectacle will include 210 world premieres, but driverless cars will steal the show. The event organizers may have opted for the much more conservative catchphrase “mobility connects”, but the message is the same: The future of …

Deutsche Welle

BMW earnings hit by weak Chinese market

German luxury carmaker BMW has seen its profit drop in the second quarter as demand in the world’s largest auto market, China, slumped markedly. But the company said it relied on a speedy rebound there. Earnings before interest and tax dropped by 3 percent in the second quarter year-on-year, BMW Group reported Tuesday. The company’s …

Deutsche Welle

German carmakers to buy HERE maps from Nokia

Three rival German automakers are buying Nokia’s digital maps division, HERE, a frontrunner in high-precision cartography. The maps are especially useful in the development of autonomous driving systems. German car companies Audi, BMW and Daimler announced on Monday that they would be banding together to purchase HERE from Finland’s Nokia, with each company acquiring an …

Deutsche Welle

BAG to launch BMW Active Tourer Series 2

Bavarian Auto Group (BAG), the manufacturer and seller for BMW and Mini Cooper, is prepared to launch the new Active Tourer BMW Series 2, which belongs to SUV middle-sized cars. The car’s cost is expected to be at EGP 335,000. Yahia Abdel Kodouss, marketing director of BMW at BAG, stated that the company is about …

Daily News Egypt

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