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Newsby AE eMagazineJune 2, 2015

BMW Recalling Vehicles with Takata Air Bags: U.S. Regulators

German automaker Bayerische Motoren Werke AG is recalling 420,661 U.S. vehicles due to issues involving Takata Corp 7312.t air bags, U.S. auto safety regulators said on Thursday, reports Reuters. Last week, Takata said it would double the recall of potentially deadly air bags to nearly 34 million in the United States.

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Newsby AE eMagazineMay 20, 2015

Takata Air Bag Recall Expands to Record 34 Million Vehicles

As part of an agreement with Takata, federal regulators expanded the recall of vehicles equipped with the company’s air bags to 33.8 million in the U.S., making it the largest safety recall in the nation’s history, reports Detroit Free Press. The move essentially doubles the number of vehicles being recalled to replace potentially lethal air ... Read More »

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Newsby AE eMagazineMay 12, 2015

Audi Edges Past BMW to Lead Luxury-Car Sales Race in April

Audi was the world’s biggest seller of luxury cars in April, edging out BMW AG’s namesake brand and fast-growing Mercedes-Benz, reported Bloomberg. Bolstered by U.S. demand for the Audi Q5 and Q7 sport utility vehicles, the Volkswagen AG unit’s deliveries rose 2.5 percent to 152,850 cars last month, compared with BMW’s 5.6 percent increase to ... Read More »

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Newsby AE eMagazineMay 12, 2015

ISS Recommends BMW Shareholders Vote Against Reithofer Appointment

Advisory firm ISS has recommended that BMW shareholders should vote against the appointment of outgoing chief executive Norbert Reithofer as chairman of the carmaker’s supervisory board, newspaper Frankfurter Allgemeine Sonntagszeitung reported, reported Reuters. ISS said BMW would go against general corporate governance practice with the appointment as there will be no cooling off period between ... Read More »

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Newsby AE eMagazineMarch 24, 2015

BMW Settles FTC Charges

WASHINGTON — BMW of North America has agreed to settle Federal Trade Commission charges that its MINI Division violated the Magnuson-Moss Warranty Act by telling consumers that BMW would void their warranty unless they used MINI parts and MINI dealers to perform maintenance and repair work. In an administrative complaint, the FTC alleged that BMW, ... Read More »

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Newsby AE eMagazineFebruary 3, 2015

Mercedes-Benz, BMW See Boost from Super Bowl Ads, Edmunds Reports

SANTA MONICA, Calif. — Mercedes-Benz and BMW saw the most significant traffic spikes on Edmunds.com after ads from the two companies ran during the Super Bowl, according to a real-time analysis from Edmunds.com. Mercedes-Benz AMG GT saw the biggest cumulative spike in traffic during the game, with a 2,189% jump over average Sunday numbers on ... Read More »

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Newsby AE eMagazineJanuary 7, 2015

BMW Retakes U.S. Luxury Auto Sales Crown from Mercedes-Benz

BMW on Monday regained bragging rights as the top-selling luxury brand in the United States, ending the one-year reign of German rival Mercedes, reported Reuters. BMW ended with a lead last year of more than 9,000 vehicles over Mercedes-Benz, which in 2013 seized a title BMW had held for the previous two years. The BMW ... Read More »

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Newsby AE eMagazineNovember 30, 2014

BMW Not Interested in Buying Stake in Tesla

Germany’s BMW is not interested in buying a stake in U.S. electric carmaker Tesla Motors, German weekly WirtschaftsWoche reported on Friday, citing a BMW statement, reported Reuters. Earlier this week, a Tesla spokeswoman said there had been informal talks between the companies, but there were no plans to set up an alliance.

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Newsby AE eMagazineNovember 24, 2014

Tesla Says in Talks with BMW Over Car Batteries, Parts

U.S. electric carmaker Tesla Motors is in talks with Germany’s BMW over a possible collaboration in batteries and lightweight components, Tesla’s Chief Executive Elon Musk told German weekly Der Spiegel, reported Reuters. In an interview published on Sunday, Musk described BMW’s production of carbon fibre reinforced car body parts as “interesting” and “relatively cost efficient.” ... Read More »

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Newsby AE eMagazineNovember 19, 2014

U.S. Auto Regulator Seeks Nationwide Recall of Takata Air Bags

The U.S. auto safety regulator has told Japanese supplier Takata Corp and five automakers to expand nationwide a regional recall of potentially lethal air bags, increasing pressure on the industry to move faster in a growing scandal, reported Reuters. The National Highway Traffic Safety Administration (NHTSA) also scolded Takata for what it called “an unwillingness ... Read More »

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