BMW: Sales, Marketing, and Financial News
#521
Senior Moderator
More pics...
#522
Senior Moderator
Where's ttribe?!??
#523
Moderator
#524
Senior Moderator
#525
Senior Moderator
1958 BMW 507 of Elvis Presley
Press release...
BMW 507 #70079 left BMW’s Munich factory on September 13, 1957, painted Feather White with black leather interior. Options included a Becker Mexico radio, Rudge knock-off wheels, removable hardtop and the lighted "D" over its rear bumper signifying German registration. BMW sent the car straight from the factory to the Frankfurt auto show - but not to BMW's show display. It stayed outside the hall, demonstrating the 507’s performance. After the debut it continued in that role, driven by Hans Stuck, Sr. in various demonstrations, and by journalists for reviews. Known as “Hillclimb Champion” Stuck had won a slew of hill climbs in Germany, Austria and Switzerland while driving a white BMW 507 with chassis number 70079. Stuck raced it in a few hill climbs in 1958 as well, winning the GT class three times between May and September.
On December 12, 1958 507 #70079 was delivered to Autohaus Wirth in Frankfurt. Eight days later, U.S. Army PFC Elvis Presley took it for a test drive, which he clearly enjoyed enough to buy. Because Elvis was stationed with the Army in Frankfurt, 70079 was registered under Armed Forces plates for 1958 and 1959. Famously, sometime in 1959 70079 received a coat of red paint to try and cover up the lipstick marks left by female fans while the car was parked around Elvis’ Bad Nauheim barrack. Presley was discharged from the U.S. Army on March 2, 1960. He and the 507 returned to the U.S. though there’s no record of whether Elvis himself imported it.
For over 50 years classic auto collectors and BMW enthusiasts have been searching for evidence that the car still existed; indeed for many years it was basically written off. Finally, after an intensive investigation by BMW themselves and a magazine devoted to the marque, it was finally found in Half Moon Bay, a small enclave on the California coast near San Francisco. The 507 had been purchased in 1968 by Jack Castor, an aerospace engineer about Elvis' age who had dreamed of owning a 507 since seeing one while working a summer job in Munich - at almost the exact same time that Presley was driving around Frankfurt in the very same car. Unbelievably, Castor was not aware of the exalted history residing between its wheels. A classic car enthusiast, besides the Elvis roadster his hoard included a Ferrari 250 GT California and a very rare Apollo sports car from the early 1960s.
However, when Castor bought it 70079 was barely recognizable, as in 1966 it had become the property of an Alabama DJ with no sense of history and very little taste. The car had endured many indignities, including having a Chevy 327 V8 stuck under the hood and garish, tuck-and-roll upholstery in the interior. Castor drove it for about five or six years as-is, then put it aside with the intention of returning it to all-original condition. To that end Jack and his brother Tom bought 507 #70089. It was discovered later that 70089 had actually raced against 70079 when both were new. They gathered up as many other necessary parts as they could find for the restoration, and Jack documented their efforts extensively. He’d put together a massive file on the car but despite his extensive research, including leads from sources in both Germany and the U.S., Castor had not established an Elvis connection with any certainty, and even after he did have a good idea of the car’s true historical record, Castor considered the Stuck racing provenance more important than any connection to Presley.
Eventually Jack agreed to sell the 507 directly to BMW Classic, only if they agreed to carry out the most original restoration possible, and retain the Hans Stuck heritage. Both parties wanted to make sure that 70079 didn’t disappear into private collections, never to be seen again except to be sold. It belonged with BMW, and ultimately BMW Classic agreed to restore both of Jack’s 507s, the ex-Stuck/Elvis 70079 and the ex-"Helm Glöckler" 70089. 70089 would return to Castor in California while 70079 remained on loan to BMW Classic, as a permanent display in the Museum and taken out for special events. No plans for any type of vintage racing have ever been discussed by BMW.
In the summer of 2014, a team from BMW Classic flew to San Francisco to gather up both cars and their attendant parts and load them on a plane to Munich. Upon arrival 70079 went straight to the BMW Museum, it was shown throughout the summer in unrestored condition. Both of the 507s had been moved into secure storage not long after their discovery, but by then they’d spent decades exposed to the foggy climate of the California coast. At least its bodywork was all there, if not the original interior or drivetrain. The originality of the metalwork, including the hood and doors, was established right down to the serial number. What hadn’t been thrown away by the crazy DJ was still original, a huge bonus in a car that had been through so much. The car’s original dashboard was missing, so BMW Classic cast a new one. A replacement for the missing V8 engine was built from scratch to produce 150 hp from 3.2 liters, just as it had in 1957.
Jack Castor passed away on November 4, 2014, at the age of 77. The car is being presented as the Elvis 507, which makes sense given that the Elvis connection certainly makes it the most significant of all 507s. For Castor, however, the car’s racing history with Hans Stuck was always more compelling, and he’d intended to restore it to its original condition as a factory demonstrator/racer. As per Jack's wishes, BMW Classic is indeed restoring the car to its original specification. Also as per his wishes the contract with BMW had been amended in September 2014 to transfer 70079 to BMW’s ownership upon Jack’s death, meaning 507 #70079 would remain in the public eye in perpetuity, enjoying a post-comeback career worthy of Elvis’ continued popularity.
On December 12, 1958 507 #70079 was delivered to Autohaus Wirth in Frankfurt. Eight days later, U.S. Army PFC Elvis Presley took it for a test drive, which he clearly enjoyed enough to buy. Because Elvis was stationed with the Army in Frankfurt, 70079 was registered under Armed Forces plates for 1958 and 1959. Famously, sometime in 1959 70079 received a coat of red paint to try and cover up the lipstick marks left by female fans while the car was parked around Elvis’ Bad Nauheim barrack. Presley was discharged from the U.S. Army on March 2, 1960. He and the 507 returned to the U.S. though there’s no record of whether Elvis himself imported it.
For over 50 years classic auto collectors and BMW enthusiasts have been searching for evidence that the car still existed; indeed for many years it was basically written off. Finally, after an intensive investigation by BMW themselves and a magazine devoted to the marque, it was finally found in Half Moon Bay, a small enclave on the California coast near San Francisco. The 507 had been purchased in 1968 by Jack Castor, an aerospace engineer about Elvis' age who had dreamed of owning a 507 since seeing one while working a summer job in Munich - at almost the exact same time that Presley was driving around Frankfurt in the very same car. Unbelievably, Castor was not aware of the exalted history residing between its wheels. A classic car enthusiast, besides the Elvis roadster his hoard included a Ferrari 250 GT California and a very rare Apollo sports car from the early 1960s.
However, when Castor bought it 70079 was barely recognizable, as in 1966 it had become the property of an Alabama DJ with no sense of history and very little taste. The car had endured many indignities, including having a Chevy 327 V8 stuck under the hood and garish, tuck-and-roll upholstery in the interior. Castor drove it for about five or six years as-is, then put it aside with the intention of returning it to all-original condition. To that end Jack and his brother Tom bought 507 #70089. It was discovered later that 70089 had actually raced against 70079 when both were new. They gathered up as many other necessary parts as they could find for the restoration, and Jack documented their efforts extensively. He’d put together a massive file on the car but despite his extensive research, including leads from sources in both Germany and the U.S., Castor had not established an Elvis connection with any certainty, and even after he did have a good idea of the car’s true historical record, Castor considered the Stuck racing provenance more important than any connection to Presley.
Eventually Jack agreed to sell the 507 directly to BMW Classic, only if they agreed to carry out the most original restoration possible, and retain the Hans Stuck heritage. Both parties wanted to make sure that 70079 didn’t disappear into private collections, never to be seen again except to be sold. It belonged with BMW, and ultimately BMW Classic agreed to restore both of Jack’s 507s, the ex-Stuck/Elvis 70079 and the ex-"Helm Glöckler" 70089. 70089 would return to Castor in California while 70079 remained on loan to BMW Classic, as a permanent display in the Museum and taken out for special events. No plans for any type of vintage racing have ever been discussed by BMW.
In the summer of 2014, a team from BMW Classic flew to San Francisco to gather up both cars and their attendant parts and load them on a plane to Munich. Upon arrival 70079 went straight to the BMW Museum, it was shown throughout the summer in unrestored condition. Both of the 507s had been moved into secure storage not long after their discovery, but by then they’d spent decades exposed to the foggy climate of the California coast. At least its bodywork was all there, if not the original interior or drivetrain. The originality of the metalwork, including the hood and doors, was established right down to the serial number. What hadn’t been thrown away by the crazy DJ was still original, a huge bonus in a car that had been through so much. The car’s original dashboard was missing, so BMW Classic cast a new one. A replacement for the missing V8 engine was built from scratch to produce 150 hp from 3.2 liters, just as it had in 1957.
Jack Castor passed away on November 4, 2014, at the age of 77. The car is being presented as the Elvis 507, which makes sense given that the Elvis connection certainly makes it the most significant of all 507s. For Castor, however, the car’s racing history with Hans Stuck was always more compelling, and he’d intended to restore it to its original condition as a factory demonstrator/racer. As per Jack's wishes, BMW Classic is indeed restoring the car to its original specification. Also as per his wishes the contract with BMW had been amended in September 2014 to transfer 70079 to BMW’s ownership upon Jack’s death, meaning 507 #70079 would remain in the public eye in perpetuity, enjoying a post-comeback career worthy of Elvis’ continued popularity.
#527
Team Owner
Look at that superior ground clearance
In all seriousness, thing is a beauty..cars from that era are works of art and always have some good stories behind them. Nowadays, cars are simply massed produced appliances.
In all seriousness, thing is a beauty..cars from that era are works of art and always have some good stories behind them. Nowadays, cars are simply massed produced appliances.
Last edited by oonowindoo; 06-22-2017 at 05:36 PM.
#528
Senior Moderator
Gorgeous gorgeous gorgeous.
#529
Race Director
BMW is investing 1 billion euros ($1.17 billion) in a new assembly plant in Hungary, its first factory in Europe in nearly two decades as the automaker strengthens its European footprint amid growing protectionism.
The plant will produce 150,000 vehicles a year, the Munich-based carmaker said Tuesday in a statement.
The factory will be able to produce both combustion and electrified BMW models on a single production line, BMW production chief Oliver Zipse said in the statement. "In the future, every BMW Group plant in Europe will be equipped to produce electrified as well as conventional vehicles," he said.
It will be BMW’s first new carmaking facility since 2000, when it decided to construct a site at Leipzig, Germany, a spokesman said, declining to confirm which models the company will produce in Hungary.
“We are now strengthening our activities in Europe to maintain a worldwide balance of production between Asia, America and our home continent,” BMW CEO Harald Krueger said in the statement.
Construction near the town Debrecen, about 124 miles east of Budapest, will start in the second half of 2019.
BMW, like other global carmakers, is under pressure to adjust to shifting global trade politics that are undermining a decades-long move to lower barriers, at the same time of juggling record spending on electric and self-driving cars.
BMW exports most of its popular crossovers from South Carolina to Europe, a strategy that could become increasingly challenged if tariff threats become reality. The German manufacturer announced Sunday it had raised prices for crossovers imported from the U.S. into China after the Asian nation raised tariffs in a retaliatory move.
The Hungary production site will add to BMW's 31 production and assembly facilities globally. Daimler's Mercedes-Benz, Audi and Suzuki have car plants in Hungary, according toAutomotive News Europe's Guide to European Assembly Plants, while PSA Group's Opel builds engines in the country, according to ANE's powertrain map. Carmakers’ output reached 8.08 trillion forint ($29.45 billion) last year, or about 21 percent of economic product, according to official data.
With unemployment at a record-low at 3.6 percent, many manufacturing companies are facing difficulties in filling jobs in Hungary’s strained labor market. The Debrecen factory will add about 1,000 jobs to BMW’s workforce, the company said in its statement.
The plant will produce 150,000 vehicles a year, the Munich-based carmaker said Tuesday in a statement.
The factory will be able to produce both combustion and electrified BMW models on a single production line, BMW production chief Oliver Zipse said in the statement. "In the future, every BMW Group plant in Europe will be equipped to produce electrified as well as conventional vehicles," he said.
It will be BMW’s first new carmaking facility since 2000, when it decided to construct a site at Leipzig, Germany, a spokesman said, declining to confirm which models the company will produce in Hungary.
“We are now strengthening our activities in Europe to maintain a worldwide balance of production between Asia, America and our home continent,” BMW CEO Harald Krueger said in the statement.
Construction near the town Debrecen, about 124 miles east of Budapest, will start in the second half of 2019.
BMW, like other global carmakers, is under pressure to adjust to shifting global trade politics that are undermining a decades-long move to lower barriers, at the same time of juggling record spending on electric and self-driving cars.
BMW exports most of its popular crossovers from South Carolina to Europe, a strategy that could become increasingly challenged if tariff threats become reality. The German manufacturer announced Sunday it had raised prices for crossovers imported from the U.S. into China after the Asian nation raised tariffs in a retaliatory move.
The Hungary production site will add to BMW's 31 production and assembly facilities globally. Daimler's Mercedes-Benz, Audi and Suzuki have car plants in Hungary, according toAutomotive News Europe's Guide to European Assembly Plants, while PSA Group's Opel builds engines in the country, according to ANE's powertrain map. Carmakers’ output reached 8.08 trillion forint ($29.45 billion) last year, or about 21 percent of economic product, according to official data.
With unemployment at a record-low at 3.6 percent, many manufacturing companies are facing difficulties in filling jobs in Hungary’s strained labor market. The Debrecen factory will add about 1,000 jobs to BMW’s workforce, the company said in its statement.
#530
Moderator
https://www.thetruthaboutcars.com/20...ep-making-one/
The list of new vehicles available with a manual transmission grows shorter each year, and for the vast majority of the driving populace, that’s just fine. But driving enthusiasts bemoan each model lost to the advancing wave of computer-controlled everything, closely keeping tabs on which vehicles can still be had with a three-pedal setup. A few might even buy one.
Even sporting European brands are not immune. In BMW’s stable, the 5 Series jettisoned its last 5 and 6 Series sticks (by then relegated to M models) in 2016. Other models went two pedal-only in recent years, including the 228i, 328i, and 428i. But BMW says there’s still a flame that keeps the transmission option alive in certain models, and it’ll keep building them until buyers give up, or our robot overlords take over.
Specifically, BMW means the M variants of the 2, 3, and 4 Series.
Speaking to Car and Driver, BMW M boss Frank van Meel said the manual transmission will not die with the current generation of Bimmer products. However, with autonomy looming on the horizon, he envisions a date when the manual transmission no longer has any practical use (because there won’t be a human driver behind the wheel).
“The bad news is that if we one day have autonomous cars, then the manual cannot work anymore,” van Meel said, “so that would be, let’s say, the natural end. But that’s still some time away.”
Live it up while you still can, seems to be the message here.
In terms of product, one particular model sees a surprising number of buyers opt for a stick shift, ensuring the manual’s availability for at least the near future.
“The BMW M2 Competition still has the manual for a reason, because in the U.S. we have more than a 50 percent take rate on manual transmissions for the M2,” the M chief said. “Buyers vote with their wallets for manual transmissions. Now, being an engineer, I would say from a rational standpoint that even though the manual gearbox is lighter than an automated gearbox, it uses more fuel and is slower, so it doesn’t really make sense . . . But from the emotional standpoint, a lot of customers say, ‘I don’t care, I want to have one.’”
van Meel added, “As long as we have these take rates on M2, and also the M3 and M4, we’re going to offer manuals, because we listen to our customers. Even though as an engineer I’d say we don’t necessarily need one. If demand is so high, then why not fulfill it?”
Even sporting European brands are not immune. In BMW’s stable, the 5 Series jettisoned its last 5 and 6 Series sticks (by then relegated to M models) in 2016. Other models went two pedal-only in recent years, including the 228i, 328i, and 428i. But BMW says there’s still a flame that keeps the transmission option alive in certain models, and it’ll keep building them until buyers give up, or our robot overlords take over.
Specifically, BMW means the M variants of the 2, 3, and 4 Series.
Speaking to Car and Driver, BMW M boss Frank van Meel said the manual transmission will not die with the current generation of Bimmer products. However, with autonomy looming on the horizon, he envisions a date when the manual transmission no longer has any practical use (because there won’t be a human driver behind the wheel).
“The bad news is that if we one day have autonomous cars, then the manual cannot work anymore,” van Meel said, “so that would be, let’s say, the natural end. But that’s still some time away.”
Live it up while you still can, seems to be the message here.
In terms of product, one particular model sees a surprising number of buyers opt for a stick shift, ensuring the manual’s availability for at least the near future.
“The BMW M2 Competition still has the manual for a reason, because in the U.S. we have more than a 50 percent take rate on manual transmissions for the M2,” the M chief said. “Buyers vote with their wallets for manual transmissions. Now, being an engineer, I would say from a rational standpoint that even though the manual gearbox is lighter than an automated gearbox, it uses more fuel and is slower, so it doesn’t really make sense . . . But from the emotional standpoint, a lot of customers say, ‘I don’t care, I want to have one.’”
van Meel added, “As long as we have these take rates on M2, and also the M3 and M4, we’re going to offer manuals, because we listen to our customers. Even though as an engineer I’d say we don’t necessarily need one. If demand is so high, then why not fulfill it?”
#531
Race Director
BMW is ending its European Delivery Program for North American customers, the company has confirmed to Autoblog. The news first broke on the Bimmerpost online forum via an employee of a BWM dealership in the U.S.
“After carefully evaluating the changing BMW U.S. customer preferences towards U.S.-built X vehicles and the declining interest in the European Delivery Program, BMW has made the decision to bring the U.S. market European Delivery Program to a close in the fall of 2020,” spokesman Oleg Satanovsky tells Autoblog.
European Delivery is a special purchase program that allows customers to order any BMW vehicle and have it delivered at the BMW Welt building, right next door to the company’s headquarters in Munich. The program gives buyers discounts of up to 5% off the base price of their vehicle, plus perks like a tour of the plant in Munich, a visit to the BMW Museum, free shuttle to the Munich airport and all shipping issues, including U.S. customs, port processing and wharf handling fees, taken care of.
The last day to submit a pre-reservation form for European Delivery is May 18, while September will be the last month to take advantage of the program. BMW will also reportedly honor deposits for 2021 model-year vehicles under the program by accepting pre-reservation forms without a production number.
The news follows a report in BMG Blog that picking up vehicles at BMW Welt just got more expensive for European customers, with the elimination of the Basic Starter Package pickup option. The BMW Welt was scheduled to reopen Monday after being closed since March 17 because of the coronavirus.
It's a sad end to a neat set of perks for car-buying. It reflects changing interests among U.S. car-buyers, and it's not difficult to imagine that rising costs and complications from the global coronavirus pandemic also may have influenced the decision.
Volvo, however, still has its long-running Overseas Delivery program.
“While fewer customers have been taking advantage of driving their new BMW’s in Europe prior to having their cars shipped to the U.S., we have seen a marked increase in interest in the BMW Ultimate Delivery Experience at our Greenville-Spartanburg facility, which is available for any production BMW vehicle, not just for those built in South Carolina," Satanovsky added.
“The BMW Ultimate Delivery Experience includes classroom and on-track car control instruction at the BMW Performance Center, a tour of Plant Spartanburg, a visit to the BMW Zentrum Museum and finally, a personalized vehicle handover of your new BMW followed by a drive home from the scenic Carolinas.”
“After carefully evaluating the changing BMW U.S. customer preferences towards U.S.-built X vehicles and the declining interest in the European Delivery Program, BMW has made the decision to bring the U.S. market European Delivery Program to a close in the fall of 2020,” spokesman Oleg Satanovsky tells Autoblog.
European Delivery is a special purchase program that allows customers to order any BMW vehicle and have it delivered at the BMW Welt building, right next door to the company’s headquarters in Munich. The program gives buyers discounts of up to 5% off the base price of their vehicle, plus perks like a tour of the plant in Munich, a visit to the BMW Museum, free shuttle to the Munich airport and all shipping issues, including U.S. customs, port processing and wharf handling fees, taken care of.
The last day to submit a pre-reservation form for European Delivery is May 18, while September will be the last month to take advantage of the program. BMW will also reportedly honor deposits for 2021 model-year vehicles under the program by accepting pre-reservation forms without a production number.
The news follows a report in BMG Blog that picking up vehicles at BMW Welt just got more expensive for European customers, with the elimination of the Basic Starter Package pickup option. The BMW Welt was scheduled to reopen Monday after being closed since March 17 because of the coronavirus.
It's a sad end to a neat set of perks for car-buying. It reflects changing interests among U.S. car-buyers, and it's not difficult to imagine that rising costs and complications from the global coronavirus pandemic also may have influenced the decision.
Volvo, however, still has its long-running Overseas Delivery program.
“While fewer customers have been taking advantage of driving their new BMW’s in Europe prior to having their cars shipped to the U.S., we have seen a marked increase in interest in the BMW Ultimate Delivery Experience at our Greenville-Spartanburg facility, which is available for any production BMW vehicle, not just for those built in South Carolina," Satanovsky added.
“The BMW Ultimate Delivery Experience includes classroom and on-track car control instruction at the BMW Performance Center, a tour of Plant Spartanburg, a visit to the BMW Zentrum Museum and finally, a personalized vehicle handover of your new BMW followed by a drive home from the scenic Carolinas.”
#532
Team Owner
Damn... that was one of my bucket list items.... too bad i can't go this year even if i am going to try to...
#533
Ex-OEM King
So wait, you can do it for a 2021 model provided you buy the car before September or pick it up before September?
#534
Race Director
#535
when all done. German car industry will be alot smaller and much less models. Every one will follow Honda and Acura way of less models.
https://www.marketwatch.com/story/bm...act-2020-06-19
However, the company said on Friday it needed to take further action in the face of the coronavirus pandemic and its fallout. A BMW spokesman confirmed that 6,000 jobs would be cut, adding that virtually all of those would be in Germany.
https://www.marketwatch.com/story/bm...act-2020-06-19
BMW to cut 6,000 jobs and slam brakes on Mercedes self-driving alliance amid Covid-19 impact
However, the company said on Friday it needed to take further action in the face of the coronavirus pandemic and its fallout. A BMW spokesman confirmed that 6,000 jobs would be cut, adding that virtually all of those would be in Germany.
#536
The real reason is Tesla, they can blame it on Corona.
BMW terminates self-driving tech partnership with Mercedes-Benz
The scrapping of the partnership between BMW and Mercedes pushes back the two companies’ capability to introduce self-driving vehicles, delaying the competition for Tesla in the market.
However, BMW appears to be on survival mode at this point, and their plan includes the unfortunate downsizing of the company’s workforce. According to an announcement from company executives to Reuters, the decision appears to be based on the direct impact that the coronavirus has had on automotive sales, especially in Germany.
It has become evident that Tesla is undoubtedly the leader in electric vehicles. In terms of technology, battery capabilities, performance specifications, and self-driving software, Tesla is the golden standard, and nobody comes close.
#537
Team Owner
When was the last time that Anyone followed Honda/Acura for anything?
when all done. German car industry will be alot smaller and much less models. Every one will follow Honda and Acura way of less models.
https://www.marketwatch.com/story/bm...act-2020-06-19
However, the company said on Friday it needed to take further action in the face of the coronavirus pandemic and its fallout. A BMW spokesman confirmed that 6,000 jobs would be cut, adding that virtually all of those would be in Germany.
https://www.marketwatch.com/story/bm...act-2020-06-19
BMW to cut 6,000 jobs and slam brakes on Mercedes self-driving alliance amid Covid-19 impact
However, the company said on Friday it needed to take further action in the face of the coronavirus pandemic and its fallout. A BMW spokesman confirmed that 6,000 jobs would be cut, adding that virtually all of those would be in Germany.
#538
To give you small hint. Honda never created Six cylinder diesel engine. Honda was first in mass market hybrids. Honda was first to to put auto braking feature in Honda Euro Accord.
https://preview.thenewsmarket.com/Pr...ets/188045.pdf
Reward 2010 Honda Collision Mitigation Brake System
Availability CMBS is rewarded for its availability on the Honda Legend, on which it is standard equipment in most European countries, and on Honda CR‐V and Honda Accord, on which it is an option. The availability of optional equipment may vary from country to country
Hyundai mindlessly copying Germans and will end up in the same unreliable crap.
https://www.carscoops.com/2020/06/hy...arts-shortage/
Just Auto adds that Genesis had to suspend deliveries of diesel versions of the GV80 earlier this month due to excessive engine vibrations. Hyundai has also recently suspended production of the Sonata and Santa Fe.
https://preview.thenewsmarket.com/Pr...ets/188045.pdf
Reward 2010 Honda Collision Mitigation Brake System
Availability CMBS is rewarded for its availability on the Honda Legend, on which it is standard equipment in most European countries, and on Honda CR‐V and Honda Accord, on which it is an option. The availability of optional equipment may vary from country to country
Hyundai mindlessly copying Germans and will end up in the same unreliable crap.
https://www.carscoops.com/2020/06/hy...arts-shortage/
Just Auto adds that Genesis had to suspend deliveries of diesel versions of the GV80 earlier this month due to excessive engine vibrations. Hyundai has also recently suspended production of the Sonata and Santa Fe.
#539
Team Owner
I am not even going to validate if that is true, but regardless that is still over a decade ago... so no one is following Honda/Acura for anything...
Also what does Honda never created Six cylinder diesel engine have anything to do with anything? i mean I can list 1000000000000 things that BMW never created.
Also what does Honda never created Six cylinder diesel engine have anything to do with anything? i mean I can list 1000000000000 things that BMW never created.
#540
Every one will be following Honda. Reducing models and customization.
All the German investments in diesels now up in smoke and so is Korean who copied them.
https://thetimeshub.in/the-company-g...-engine/32927/
The company Genesis has doubled the warranty on the new diesel engine
All the German investments in diesels now up in smoke and so is Korean who copied them.
https://thetimeshub.in/the-company-g...-engine/32927/
The company Genesis has doubled the warranty on the new diesel engine
#541
Your next BMW might only have heated seats for 3 months
You might have heard of games as a service (Fortnite). Now introducing... cars as a service!
But, the most notable part of the day's presentation was the new plan to turn many options into software services. BMW mentioned everything from advanced safety systems like adaptive cruise and automatic high-beams to other, more discrete options like heated seats.
These options will be enabled via the car or the new My BMW app. While some will be permanent and assigned to the car, others will be temporary, with mentioned periods ranging from three months to three years. Some, presumably, will be permanent, but during the stream's Q&A portion BMW representatives demurred on the details.
These options will be enabled via the car or the new My BMW app. While some will be permanent and assigned to the car, others will be temporary, with mentioned periods ranging from three months to three years. Some, presumably, will be permanent, but during the stream's Q&A portion BMW representatives demurred on the details.
#542
Moderator
#543
Ex-OEM King
They tried this with Apple Carplay and got reamed. Guessing the same thing will happen here. I'm not paying a subscription fee for a heated seat lol.
#544
It’s great that BMW finally figured out how to implement OTA upgrades (without needing a dealership involved).
Now they need to start figuring out how to replace their last century power trains. Then they’ll be all set to compete with Tesla.
Wait, there’s also the small issue of self driving technology. They can start to hire some ex- Silicon Valley executives and look for programmers. Great idea.
Forget it. BMW will be in the line for toaster in the next five years unless they radically change their thinking. There’s only one way to succeed. Embrace EVs even if it’s too late. Otherwise you’re toast buddy.
Now they need to start figuring out how to replace their last century power trains. Then they’ll be all set to compete with Tesla.
Wait, there’s also the small issue of self driving technology. They can start to hire some ex- Silicon Valley executives and look for programmers. Great idea.
Forget it. BMW will be in the line for toaster in the next five years unless they radically change their thinking. There’s only one way to succeed. Embrace EVs even if it’s too late. Otherwise you’re toast buddy.
#545
Moderator
I think that's a bit far-fetched.
I don't see any main-line manufacturer being bankrupt or in financial ruin in 5 years if they aren't all-in on the EV train. Maybe for smaller companies (in the US) like Mitsubishi, but the big boys (Mercedes, BMW, Chevrolet, Honda, etc) I think will still be major players for quite a while.
I don't see any main-line manufacturer being bankrupt or in financial ruin in 5 years if they aren't all-in on the EV train. Maybe for smaller companies (in the US) like Mitsubishi, but the big boys (Mercedes, BMW, Chevrolet, Honda, etc) I think will still be major players for quite a while.
#546
Ex-OEM King
It’s great that BMW finally figured out how to implement OTA upgrades (without needing a dealership involved).
Now they need to start figuring out how to replace their last century power trains. Then they’ll be all set to compete with Tesla.
Wait, there’s also the small issue of self driving technology. They can start to hire some ex- Silicon Valley executives and look for programmers. Great idea.
Forget it. BMW will be in the line for toaster in the next five years unless they radically change their thinking. There’s only one way to succeed. Embrace EVs even if it’s too late. Otherwise you’re toast buddy.
Now they need to start figuring out how to replace their last century power trains. Then they’ll be all set to compete with Tesla.
Wait, there’s also the small issue of self driving technology. They can start to hire some ex- Silicon Valley executives and look for programmers. Great idea.
Forget it. BMW will be in the line for toaster in the next five years unless they radically change their thinking. There’s only one way to succeed. Embrace EVs even if it’s too late. Otherwise you’re toast buddy.
https://www.bmwgroup.com/en/responsi...-strategy.html
Last edited by SamDoe1; 07-08-2020 at 09:12 AM.
#547
Team Owner
Unless the US government gives its support to major infrastructure change... EV will not become the majority in the US for a long time.....
The more EV you have the more problem you will have if we dont save the charging station issue.
We take gas stations for granted because they are literally in every corner. Now imagine if gas stations are as scarce as charging stations and we have this many cars on the road...
The more EV you have the more problem you will have if we dont save the charging station issue.
We take gas stations for granted because they are literally in every corner. Now imagine if gas stations are as scarce as charging stations and we have this many cars on the road...
#548
Ex-OEM King
Unless the US government gives its support to major infrastructure change... EV will not become the majority in the US for a long time.....
The more EV you have the more problem you will have if we dont save the charging station issue.
We take gas stations for granted because they are literally in every corner. Now imagine if gas stations are as scarce as charging stations and we have this many cars on the road...
The more EV you have the more problem you will have if we dont save the charging station issue.
We take gas stations for granted because they are literally in every corner. Now imagine if gas stations are as scarce as charging stations and we have this many cars on the road...
#549
Safety Car
- Availability of refueling at home
- Availability of refueling on the road
For mass adoption, it seems there likely will need the political will to invest tax payer money into public EV refueling infrastructure - unless some investor/private company is willing to pour a lot of money into it....but then again they would want to have their costs recouperated and make money....given the direction of EVs....it may need to be publically funded.
Of course....if you were a private company wouldn't you want to wait until you can let tax payers to build the infrastructure and THEN you come in and build the profitable parts (the end-point stations)?
Why spend billions, if you can lobby congress/POTUS to have the people pay for part of your business cost? Maybe this is where things are going to be slow...but again I'm not an EV industry insider so someone with much more behind the scenes knowledge could expand up on it.
Oh and BMW's subscription car feature service? LOL.
#550
Team Owner
The issue is more about politics and $$ than the actual ability to add charging stations at every gas station.
What is the point to go all out on E cars when there is no certainty on the infrastructures?
For all i know, someone in the WH could have a short in brain one day and say, we no longer provide any incentives on E cars and you are on your own if you want to do it.
What is the point to go all out on E cars when there is no certainty on the infrastructures?
For all i know, someone in the WH could have a short in brain one day and say, we no longer provide any incentives on E cars and you are on your own if you want to do it.
#551
I think that's a bit far-fetched.
I don't see any main-line manufacturer being bankrupt or in financial ruin in 5 years if they aren't all-in on the EV train. Maybe for smaller companies (in the US) like Mitsubishi, but the big boys (Mercedes, BMW, Chevrolet, Honda, etc) I think will still be major players for quite a while.
I don't see any main-line manufacturer being bankrupt or in financial ruin in 5 years if they aren't all-in on the EV train. Maybe for smaller companies (in the US) like Mitsubishi, but the big boys (Mercedes, BMW, Chevrolet, Honda, etc) I think will still be major players for quite a while.
I know that you're a serious fanboi when it comes to Tesla but what makes you think that BMW hasn't started replacing with EV's or electrified powertrains? Do you not remember the i3, i8, 330e, 530e, 730e, etc? The Mini EV launched this year and the iX3 launches later this year as well. Same when it comes to self driving, what makes you think they haven't started working on that a long ass time ago? Most automakers don't like to beta test on the general public like Tesla does which is why you don't see anything until it all comes out in full force. You don't see any other automakers releasing self driving tech because it's not ready yet. Even Tesla admits it's a beta lol.
https://www.bmwgroup.com/en/responsi...-strategy.html
https://www.bmwgroup.com/en/responsi...-strategy.html
If the government removes incentives, it will hurt only other players (or rather help Tesla ). Tesla has reached a stage where is might be immune to government incentives.
#552
Sanest Florida Man
Your next BMW might only have heated seats for 3 months
You might have heard of games as a service (Fortnite). Now introducing... cars as a service!
#553
Ex-OEM King
The minor players will mostly get absorbed into major players in that case. I see some major restructuring / consolidation in the entire industry, similar to FCA - Peugeot.
None of the electric offerings you mentioned from BMW are competitive with Tesla or any other EVs in the market. I hope you are true here.
That is exactly where Tesla comes in the picture. Per Elon Musk currently Tesla cars are least subsidized in the market now (even including ICE cars - petroleum subsidies) https://www.eesi.org/papers/view/fac...societal-costs.
If the government removes incentives, it will hurt only other players (or rather help Tesla ). Tesla has reached a stage where is might be immune to government incentives.
None of the electric offerings you mentioned from BMW are competitive with Tesla or any other EVs in the market. I hope you are true here.
That is exactly where Tesla comes in the picture. Per Elon Musk currently Tesla cars are least subsidized in the market now (even including ICE cars - petroleum subsidies) https://www.eesi.org/papers/view/fac...societal-costs.
If the government removes incentives, it will hurt only other players (or rather help Tesla ). Tesla has reached a stage where is might be immune to government incentives.
Anyway, you're right none of those are competitive with Tesla for now but that by no means indicates that BMW is sitting around waiting for something to happen. Like I said, iX3 is coming out this year (or was supposed to, who knows with Covid) then there's supposed to be the i4 and a few other models coming soon too. VW is launching the ID3 and ID4 soon which will compete with Tesla as soon as they figure out their software BS.
Tesla is already immune to government incentives, they don't get any. I don't think people would buy a car from BMW vs Tesla due to incentives though. There's enough brand equity in the BMW name to carry it through any lack of incentives. They would buy something like a Rivian or Lucid over Tesla for the incentives though.
#554
Safety Car
That is exactly where Tesla comes in the picture. Per Elon Musk currently Tesla cars are least subsidized in the market now (even including ICE cars - petroleum subsidies) https://www.eesi.org/papers/view/fac...societal-costs.
Are there still significant subsidies on the back end for Tesla?
Also, what @oonowindoo posted is in regards to infrastructure development. Seems like you're more in-tune with Tesla and maybe with the EV industry in general....does Elon have plan to invest into charging infrastructure that is not solely limited to the benefit of Tesla but to EV as a whole?
#555
Team Owner
I dont know what kind of world you live in, if the government wants to promote gas cars, Tesla will be fucked...
Immune? As a business, if you fuck with the government, you are done... that is true whether in the US or in China...
Immune? As a business, if you fuck with the government, you are done... that is true whether in the US or in China...
The minor players will mostly get absorbed into major players in that case. I see some major restructuring / consolidation in the entire industry, similar to FCA - Peugeot.
None of the electric offerings you mentioned from BMW are competitive with Tesla or any other EVs in the market. I hope you are true here.
That is exactly where Tesla comes in the picture. Per Elon Musk currently Tesla cars are least subsidized in the market now (even including ICE cars - petroleum subsidies) https://www.eesi.org/papers/view/fac...societal-costs.
If the government removes incentives, it will hurt only other players (or rather help Tesla ). Tesla has reached a stage where is might be immune to government incentives.
None of the electric offerings you mentioned from BMW are competitive with Tesla or any other EVs in the market. I hope you are true here.
That is exactly where Tesla comes in the picture. Per Elon Musk currently Tesla cars are least subsidized in the market now (even including ICE cars - petroleum subsidies) https://www.eesi.org/papers/view/fac...societal-costs.
If the government removes incentives, it will hurt only other players (or rather help Tesla ). Tesla has reached a stage where is might be immune to government incentives.
#556
Team Owner
Why are we talking about Tesla again in BMW thread? Feels like SSFTSX here talking about Honda in Audi and Hyundai's thread...
#557
What I’m trying to say is that EV infrastructure doesn’t need to be as extensive as gas stations. More than 90% of the EV users will be traveling only locally / commuters which means they’ll be home charging only. Most of the remaining stations need to be in and around interstates or other major roads for those infrequent trips.
sorry about the minor derailment.
#558
There will definitely be some consolidation happening soon. Guessing Aston and JLR will get absorbed somewhere soon.
Tesla is already immune to government incentives, they don't get any. I don't think people would buy a car from BMW vs Tesla due to incentives though. There's enough brand equity in the BMW name to carry it through any lack of incentives. They would buy something like a Rivian or Lucid over Tesla for the incentives though.
Tesla is already immune to government incentives, they don't get any. I don't think people would buy a car from BMW vs Tesla due to incentives though. There's enough brand equity in the BMW name to carry it through any lack of incentives. They would buy something like a Rivian or Lucid over Tesla for the incentives though.
Lucid I think is waiting to be bought by one of the OEMs, FCA / Peugeot may be. I doubt if it’ll survive alone. Rivian and Lucid will likely depend on the incentives to survive in the short term until they really prove themselves.
Last edited by Comfy; 07-09-2020 at 05:07 PM.
#559
Team Owner
SSFTSX thinks all other brands will die out except for Honda and Acura
Comfy thinks all other brands will die out except for Tesla...
You 2 should be BFFs.
Comfy thinks all other brands will die out except for Tesla...
You 2 should be BFFs.
#560