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BMW announced that sales of BMW X models made in Spartanburg County helped boost the total number of BMW brand vehicles sold in January. BMW North America President and CEO Ludwig Willisch claims that the increased availability of the highly popular BMW X models is paying off as X model U.S. sales in January topped the all-important 50 percent mark for the second month in a row. He also added that the company is very much looking forward to the launch of its brilliant next generation 5 Series. BMW North America reported sales of BMW brand vehicles increased 0.1 percent in January fo...
Harald Krueger says BMW Group will stick to its investment plans for Mexico and the United States despite warnings from President Donald Trump to impose border taxes on cars imported into the U.S. BMW said last month that it plans to finish construction of a new $1 billion plant for its 3 series in Mexico undeterred by threats from the president that he will introduce heavy tariffs on cars imported into the U.S. from its southern neighbor. Krueger claims that they need free world trade. BMW would also continue to invest in its Spartanburg plant in the U.S., its largest worldwide. BM...
BMW is starting to produce model year 2017 diesel-powered vehicles earmarked for the US. Oil-burning variants of BMW's 3 Series sedan and wagon as well as diesel versions of its X3 and X5 SUVs may soon hit these shores. Diesel models such as the 328d Sedan, 328d Sports Wagon, X3 xDrive28d, and X5 xDrive35d will start production "shortly." Last July the EPA said it would delay BMW diesel sales in the US because US regulators were taking longer than expected to certify the vehicles. BMW confirmed that certification for the 2017 model year 328d Sedan, 328d Sports Wagon, ...
The F-series, best known for the popular F-150, has been America’s best-selling truck for the 40 consecutive years since its launch. Ford says it’s sold more than 26 million since the model line came out in 1977. The F-series has also been the best-selling vehicle of any kind in America for 35 years, the company said. Ford has sold 818,580 of the trucks in the years since it launched the F-series. It started with the F-100 as a base truck back in 1977, and replaced it with the F-150 in 1984. The evolution of the F-series followed changes in how people perceived and used ...
U.S. sales of new cars and trucks hit a record high in 2016, automakers said on Wednesday, and investors bid up shares in the sector as strong consumer confidence and relatively low fuel prices bolstered the industry's outlook. December sales rose 3 percent, and on a seasonally adjusted annualized basis were 18.43 million vehicles. The results prompted executives from the three biggest sellers in the U.S. market, GM, Ford, and Toyota Motor Corp, (7203.T), to predict that this year's sales will be near 2016's record levels. U.S. consumer confidence reached levels not see...
