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Volkswagen has named a new executive Hinrich J. Woebcken to supervise the North American region, assuming responsibility for all the activities of the VW brand. Mr. Woebcken will take up his duties in April. Mr. Woebcken previously served on the board of Munich-based auto supplier Knorr Bremse AG, and formerly worked at BMW AG for about 10 years, Volkswagen said.This change will allow the company to move forward with strategic reinforcement in the region with bundling development, procurement, production and sales activities in the USA, Mexico and Canada.Volkswagen brand has also reconfigured ...
U.S. President Barack Obama will talk about the prospects for self-driving cars in his final State of the Union Address.According to government officials, for the first time the president has used the annual speech to tackle an important issue facing the auto and technology industries.Obama is also expected to attend the Detroit Auto Show next Wednesday, Jan 20. Transportation Secretary Anthony Foxx will be in Detroit to talk about administration efforts to speed the introduction of self-driving vehicles.Foxx is expected to talk about efforts by the Obama administration to speed up the in...
BMW held on in December to top the U.S. luxury segment in 2015 for its fourth luxury-sales crown in five years.BMW won the U.S. luxury-auto sales crown even with a 17 percent drop in December deliveries, ahead of Lexus and Mercedes-Benz.BMW finished 2015 with luxury sales of 346,023 vehicles, followed by Lexus with 344,601 and Mercedes with 343,088. All three brands set annual sales records last year.The results exclude BMW’s MINI models and Daimler’s work trucks and Smart cars, which aren’t luxury vehicles.The German automakers have held the top spot in U.S. luxury sales sin...
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...
Ferrari is recalling some 2016 California T vehicles because of the risk of fire from a fuel leak.The recall affects all 2016 Ferrari California T models made from September 8, 2015 to November 11, 2015. That’s 185 cars in all, here in the United States.The vehicles in question come with a low pressure fuel line that might not connect properly to the fuel pump feed pipe. The poor connection can lead to a fuel leak in the engine bay, hence the fire hazard.The California T Convertibles have a base price of more than $231,000. Over 50 Ferrari dealers received a stop sales notice of the Cali...
