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For 2016, BMW expects that 40 percent of its sales will be crossovers, up from 34 percent last year.“In the first nine months (of 2015), across the board, we had too few X1, X3 and X5s,” said CEO Ludwig Willisch.BMW is expanding its Spartanburg, S.C., factory, and annual production will grow by 100,000 units in 2016 to 450,000 vehicles. It makes a lot of sense to sell these cars in the U.S., as the plant is advantageously situated.“In a couple of years when we have the X7, the crossovers production will be even higher,” he added. BMW’s crossover lineup consists of...
On Monday afternoon, at least a half dozen U.S. stations were selling regular unleaded gasoline for less than $2 a gallon. In Colorado, the state average is $1.95 per gallon. A year ago, the Colorado average was $2.84.In the Denver metro, the average price right now is $1.87 a gallon, which is almost a dollar less compared to a year ago. One driver said he’s probably spending $25 less a month on gas. "Merry Christmas!" was the reaction to the news of a woman who stood at the pump.Some experts are saying gas prices could fall further on an oil-inventory glut and a cont...
The first BMW’s i8 Spyder concept was seen at the Beijing Auto Show in 2012. The german newspaper "Handelsblatt" reported that the automaker, BMW CEO Harald Krüger, confirmed the arrival of i8 Spyder production. Changes between the concept and production versions are expected to be kept to a minimum, while the doors and side sills will be moved into line with those featured on the i8 coupe, the stylish rear buttress design will probably have to be redesigned to fit an actual roof mechanism, other elements should remain close to the concept. Around the same time,...
Tesla is making its electric SUV available to a slightly wider swath of early adopters with the Model X 70D, which starts at a low, low $80,000 (with shipping). Prices, of course, change once you factor in the $7,500 federal tax credit and other state credits.At $80,000, the cheapest Model X, called the 70D, is $5,000 more than the cheapest Model S sedan. The Model X 70D has a range of 220 miles on a single charge and top speed of 140 miles per hour. Deliveries of the basic model begin mid to late 2016, Tesla said.All-wheel drive remains standard, as do those headline-making falcon-wing doors....
A Canadian law company proposed a class action lawsuit stemming from Volkswagen's admission that it had cheated emissions tests for some of its diesel-powered cars.An investigation, which were taking place in Germany on Tuesday, has some elements that will involve also some of the Volkswagen's gas-powered vehicle products into this lawsuit. "Our firm is presently investigating the extent to which Canadian owners of Volkswagen gasoline-powered vehicles will be affected by the information derived from the ongoing investigation," said lawyer Myron Shulgan, when speaking wit...
