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September 5, 2008

BMW Slashes V-8 Production in Favor of Fours

MUNICH, GERMANY – Demand for BMW’s big engines has dropped so low that the house of the roundel says it can make enough eight-cylinders to satisfy the world’s demand using just one shift for four days.

Tags: BMW, four-cylinder, V-8

September 5, 2008

BMW Hydrogen 7 Rolls Into Los Angeles to Complete the 2008 Hydrogen Road Tour

LOS ANGELES – The BMW Hydrogen 7 — the first hydrogen-powered luxury sedan — recently pulled into Los Angeles, finishing a more than 4,000 mile cross-country journey featuring hydrogen-powered cars by the world’s leading automakers in the 2008 Hydrogen Road Tour.

Tags: BMW, Hydrogen 7, Hydrogen Road Tour

August 29, 2008

BMW Increases Pricing for 2009 Models by 2.1 Percent

WOODCLIFF LAKE, NJ – BMW of North America, LLC has announced a price increase of 2.1 percent on average across its model range of 2009 BMW brand vehicles.

Tags: BMW, price increase

August 18, 2008

BMW Recalls 150,000 Vehicles for Airbag Sensor Fix

FRANKFURT, GERMANY – BMW will recall around 150,000 vehicles in North America to fix a possible defect that may keep the front passenger airbag from opening in a crash.

Tags: 3-series, 5-Series, airbag, BMW, Recall, X3

August 18, 2008

Exhaust Heat to Help With Gas Mileage? GM and BMW Think So

DETROIT - In a quest to find a useful outlet for exhaust heat that otherwise goes wasted, BMW and GM are testing methods and devices that could convert excess heat from a car’s motor into electricity, and in turn reduce gas mileage to boot.

Tags: BMW, electricity, Exhaust, GM

August 11, 2008

BMW Raising Prices, Will Cancel X7 Large SUV

MUNICH, GERMANY - Despite bright spots such as the X6 selling out its first year of production, like most automakers BMW has seen its sales decline recently and is looking to cut costs as raw materials become more expensive.

Tags: BMW, SUV, X6, X7

August 1, 2008

The Future of BMW’s M-Models

MUNICH, GERMANY – The CEO of BMW M GmbH, Ludwig Willisch, said in a recent interview that future M-models will include high-revving turbocharged engines and offer ceramic brakes.

Tags: BMW

July 28, 2008

BMW Hydrogen 7: A Sedan Fueled by the Future

MUNICH, GERMANY – Long lists of restrictions are familiar to journalists who drive press cars from automakers’ fleets, but one prohibition placed on the BMW Hydrogen 7, a 760Li luxury liner modified to run on hydrogen in addition to its normal gasoline diet, was an eye-opener

Tags: BMW, Hydrogen, Hydrogen 7, Port Authority of NY and NJ

July 21, 2008

BMW’s 2009 3-Series Gets a Diesel

MUNICH, GERMANY – For 2009, BMW made a few changes to the entry-level 3-Series, both inside and out. Also, a new diesel engine will make its way into the lineup.

Tags: 2009 3-Series, 335d, BMW, diesel

July 21, 2008

BMW Builds Electric Mini

MUNICH, GERMANY – Engineers have been working on an all-electric version of the Mini at the BMW plant in Cowley.

Tags: BMW, Electric Mini, Mini, Project I

July 14, 2008

2009 BMW 7 Series

MUNICH, GERMANY – BMW has released information on its U.S.-spec, fifth-generation 2009 BMW 7 Series, which is due in the United States early 2009.

Tags: 750i, 750Li, BMW, BMW 7-Series

June 30, 2008

BMW’s Next-Generation 7-Series Flagship Close to Launch

MUNICH, GERMANY – BMW’s next-generation 7-series saloon has been spotted at Germany’s Nurburgring circuit ahead of its official reveal expected next month.

Tags: 7-Series, BMW

June 30, 2008

BMW Brings Back the M1 Supercar

MUNICH, GERMANY - It looks like BMW is bringing back the M1, based on the M1 Hommage, a legendary mid-engined, two-seater that redefined the supercar and proved a BMW could run with the best from Porsche, Ferrari, and Lamborghini.

Tags: BMW, M1, Supercar

June 23, 2008

Presenting GINA, the Design Philosophy at BMW

MUNICH, GERMANY - Christopher Bangle, head of design at BMW, proposed a whole new “Flame Surfacing” language that redefined how BMWs were designed. Flame Surfacing comes from the GINA philosophy (Geometry and functions in ‘‘N’’ Adaptations).

Tags: BMW, Flame Surfacing, GINA

June 23, 2008

BMW Invests $270M to Expand U.S. Operations

MUNICH, GERMANY - BMW, the world’s largest premium carmaker, is investing $270 million to expand its U.S. operations.

Tags: BMW, U.S. Operations, X3, X5, X6

June 16, 2008

BMW Confirms X1 Compact SAV

MUNICH, GERMANY - The idea behind BMW’s upcoming X1 combines size, maneuverability, fuel economy, and affordable pricing with the vantage point of a crossover vehicle

Tags: BMW, X1 Compact SAV

June 5, 2008

BMW Tinkers with 5 Series

MUNICH, GERMANY - To the casual observer, the updated 2008 BMW 5 Series will appear identical to the 2007 model. What’s different are some very slight exterior modifications, updated engines, and more standard and optional comfort features,

Tags: 5 Series, BMW

June 5, 2008

Diesels Provide Savings for Consumers

WASHINGTON - Even though the price of a gallon of diesel has climbed more than 20 percent in the past 12 months, diesel cars still offer better gas mileage and savings than regular cars.

Tags: Audi, BMW, diesel, Mercedes-Benz, Volkswagen

June 5, 2008

BMW’s Electrified Future: Munich Poised to Join Zero Emissions Minicar Conga Line

MUNICH, GERMANY - Despite no official word yet, some say that BMW is developing an electric-powered minicar that should be ready by 2012.

Tags: BMW, electric vehicle, VW up!

May 30, 2008

Audi and BMW Challenge the Lexus Eight-Speed Automatic

AUBURN HILLS, MI and MUNICH, GERMANY – Audi and BMW will both be seeing an eight-speed auto in the higher end realm of their production line.

Tags: Audi, BMW, Lexus

May 30, 2008

BMW Plans to Raise U.S. Car Prices by One Percent to Counter Weak Dollar

MUNICH, GERMANY - Bayerische Motoren Werke AG, the world’s largest maker of luxury cars, plans to raise prices in the U.S. by one percent because of the weak dollar.

Tags: BMW, Price Hike

May 30, 2008

Luxury Vehicles Dominate Total Quality Survey

CALIFORNIA - Luxury brands once again dominated an annual U.S. automobile quality survey taken this year by a California research company, but total quality dropped for the first time in four years.

Tags: BMW, Luxury Market, Strategic Vision

May 30, 2008

New BMW Crossover Will Reportedly Be Called V3

MUNICH, GERMANY - BMW’s X6’s entire first-year production run sold out in just a month. Now reports are that BMW is moving full-speed ahead into the CUV market, starting with the development of a new crossover based on their 3 Series wagon — tentatively named the V3.

Tags: BMW, V3

May 19, 2008

BMW CFO Said Group Still Considering Fourth Brand

MUNICH, GERMANY – Bayerische Motoren Werke AG is continuing to consider whether it will set up a fourth brand as part of its long-term growth strategy.

Tags: BMW, Mini, Rolls Royce

May 19, 2008

Audi & BMW to Join Lexus in Offering Eight-Speed Transmissions

MUNICH, GERMANY & AUBURN HILLS, MI– BMW and Audi are looking to ZF Friedrichshafen AG, a worldwide supplier of driveline and chassis technology, to develop eight-speed transmissions as early as 2009

Tags: Audi, BMW, eight-speed transmissions, ZF Friedrichshafen AG

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SEC Proposal to Allow Early Adoption of International Accounting Standards

By Mike Antich
On Aug. 27, the Securities and Exchange Commission raised the possibility that approximately 110 U.S. publicly traded companies will be able to use international accounting standards (IAS) next year and may require all U.S. companies to switch to IAS between 2014-2016. There is a 60-day comment period about the SEC proposal. Fleet leasing will be impacted by the adoption of IAS. It is probable that all fleet leases in the U.S. will need to be capitalized sometime in the 2011-2016 timeframe.

The Hidden Cost of Personal Use

By Mike Antich
With fuel prices remaining elevated, many companies are wondering whether they are charging enough for personal use. At some companies, this discussion is long overdue. When re-evaluating personal use charges, a common mistake is to focus solely on the cost of fuel, which is understandable because, after all, fuel is the catalyst for these discussions. However, doing so ignores the other “hidden” costs of personal use, which have also risen.

Fleet Becomes an Epicenter for Interdepartmental Encroachment

By Mike Antich

Strategic Fleet Management Focuses on Management by Objective

By Mike Antich

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U.S. Fleet Statistics by Industry Segment, Census of the Commercial Fleet & ‘Non-Fleet’ Market, U.S. New Car Fleet Registrations and much more…