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BMW AG is going to revive North America output of its best-selling U.S. model, at the same time it will begin producing the next-generation 3-series sedan in a new factory in Mexico starting in 2019. The company will probably build another vehicle, but first of all it plans on making 150,000 3-series cars. Yes, if you're thinking about the money than you're right, the company had to invest $1 billion which was its first step to planting the root in the second North American manufacturing hub. You have probably observed already that the 3-series was one of the best selling lu...
It's been 3 weeks now since we've wrote about the last car recall which belongs to Takata, and we were absolutely convinced that it will take a while until a new brand finds out about some vehicle defects, but it looks like we were wrong. The next automaker that is about to recall its vehicles is BMW, more than 180,000 X3 and X4 crossovers are being recalled in the U.S. in order to fix some faulty lower anchor bars used in securing child restraint seats. The 2011-17 models of X3 that were manufactured between July 2010 and April 2016 and the models of X4 manufactured between March...
It's been only a few days since we've wrote about Tesla's scandal, the rumors were flying for a few months now about its Model S having some suspension arms defects. Tesla Motors was blamed for a secret deal with gpcordaro, the pact pushed the owner to keep its silence about the auto problem. Tesla was asked to keep to comment on these claims, but the company decided to keep it silence from the start, which was more absurd and questionably. U.S. National Highway Traffic Safety Administration took the issue with the practice after many customer reports on Model S. The co...
Honda Motor expects its global sales to remain strong thanks to brisk sales in the U.S. and China. Japanese automaker expects its group operating profit to jump 19% to 600 billion yen ($5.58 billion) for the fiscal year ending March 2017.Through the previous year Honda had important expenses because of the recalls of vehicles with defective Takata air bags, including recalls demanded in May by U.S. authorities. Therefore, the matter will have no impact on earnings in the current fiscal year, as quality-related expenses are to decrease considerably. ...
German cars are always on the top of world sales. However U.S. sales of BMW brand vehicles decreased 6.4 percent in May for a total of 29,017 compared to 31,003 vehicles sold in May, 2015. President and CEO, BMW of North America, Ludwig Willisch, said the shorter number of selling days in May no doubt affected the month totals, but he also mentioned the ongoing transition to X models among the possible solutions. The BMW X1 grows more popular each month with its siblings X3 and X6 giving it strong support. The X5 was limited only by availability but that will continue impr...
