bmw
Tesla Wins U.S. Luxury Crown: First American Carmaker in Nearly 25 Years to Claim Title
Tesla has won the U.S. luxury sales crown for 2022, beating BMW, according to estimates from the Automotive News Research & Data Center. Elon Musk’s Tesla beat German automaker BMW for the crown, with an estimated 491,000 sales in the U.S., based on estimates. BMW was in second place with 332,388, followed by Mercedes-Benz with […]
BMW Asks Suppliers to Shift to EV Parts; Direct Car Sales to Customers are Coming
BMW is asking its existing supplier network to make parts for its upcoming electric vehicles (EVs) factory in Spartanburg County, South Carolina, and the project is being led by twenty-year veteran Joachim Post, as Automotive News reports. Post is the company’s head of procurement and supply chain, and he’s been tasked with ensuring 30 million […]
BMW Investing $1.7 Billion into Building EVs, Battery Cells in U.S.
BMW is investing $1.7 billion into U.S. operations at its Spartanburg, South Carolina plant, according to a press release shared on Wednesday by the automaker. The funding will be used to retrofit the factory to produce electric vehicles (EVs), $700 million of which will be used to build a nearby battery plant in Woodruff, while […]
Tesla Dominating U.S. Luxury Car Registrations in First Half of 2022, Surging 61% YoY
Tesla’s registrations jumped 61 percent in the first half of this year compared to last, beating out BMW and other gas automakers for the number one spot in luxury sales. The news, as detailed in a report from Automotive News on Sunday, also showed rising competition in the electric vehicle (EV) space from legacy automakers, […]
BMW to Invest Over $1 Billion to Electrify Steyr, Austria Plant
Electric vehicles (EVs) are gaining traction, with many major automakers announcing huge investments to outfit production facilities for electrification. BMW announced plans to invest one billion euros ($1.05 billion USD) by 2030 into its Steyr, Austria car assembly plant, for the development and production of next-generation EV powertrains, according to a statement from the automaker […]
BMW Unveils All-Electric iX1 Compact Crossover
Luxury automaker BMW has a goal of doubling electric vehicle (EV) deliveries this year to 200,000, and in a new step in that direction, the company officially plans to put a new EV into production later this year. BMW unveiled its iX1 xDrive30 all-electric compact crossover, set to be a direct competitor with Tesla’s Model […]
Tesla’s U.S. Luxury Lead Surges in Q1, Other Automakers Decline
Analysts expected Tesla to dethrone BMW for the top-selling U.S. luxury sales title last year, and now the electric vehicle (EV) manufacturer is pulling even further ahead. Tesla saw registrations increase by 59 percent year-over-year in Q1, selling 113,882 vehicles total and outpacing last year’s leader BMW by an impressive 33,400 units, according to Automotive […]
Tesla Model 3/Y the Only Electrics on ‘Most Considered Luxury Vehicles’ Survey
Kelley Blue Book‘s Brand Watch report, a consumer perception survey that attempts to gauge how much mindshare and consideration a specific brand or model commands from buyers in its segment, has Tesla dipping a couple of places down to fifth and BMW sitting pretty in first. The survey also incorporates consumer shopping behavior and assesses […]
BMW Electric Vehicles in 2025 Expected to Be as Profitable as Gas Cars, Says CEO
BMW is expecting new EVs built on its Neue Klasse EV platform starting in 2025 to be just as profitable as its gas cars, according to Automotive News Europe. Earlier this week at the , BMW CEO Oliver Zipse said the Neue Klasse EV platform “as profitable as vehicles with state-of-the-art combustion engines.” Zipse detailed […]
2023 BMW i7 Electric Sedan Pricing from $119,300 in the US
BMW will unveil the electric i7 xDrive60 in U.S. markets, with the launch expected to take place in Q4 of this year, according to a press release shared on Wednesday. The 2023 BMW i7 xDrive60 is estimated to have around 300 miles according to tests conducted by the automaker. It’s the electric version of its […]
Tesla Leads U.S. Luxury Registrations in January, Overtakes BMW
Electric vehicles (EVs) are overtaking luxury internal combustion engine (ICE) brands more consistently than ever, with Tesla’s January registration data showing an electrifying trend. Tesla led luxury sales in the U.S. in January, with 37,162 vehicles registered representing a 49 percent increase year-over-year, according to Experian data reported by Automotive News. Last year, Tesla nearly […]
Tesla Model 3 Performance vs. BMW i4 M50: 0-60 MPH Test [VIDEO]
In a recently published YouTube video, U.K.-based car purchasing and comparison platform carwow compared the Tesla Model 3 Performance and a BMW i4 M50 in a detailed review, and also pit them head-to-head in a 0-60 mph acceleration test. The BMW i4 M50 is the ‘M Performance’ version of the base BMW i4 electric vehicle […]
Tesla Likely to Dethrone BMW for U.S. Luxury Sales Crown in 2021
Tesla has a solid chance at surpassing BMW in luxury vehicle sales in the U.S. for 2021, with new-vehicle registrations for the company’s electric vehicles (EVs) surging towards the end of the year, especially in November and with the end-of-quarter delivery push in December — reports Automotive News. Tesla's November registrations surged, narrowing luxe race https://t.co/kIyCiuVUlp […]
BMW to Hold Off Making Batteries for EVs; Munich Plant Sees High Demand
After BMW announced plans to double its all-electric deliveries to 200,000 in 2022 this week, one company executive has also said the company will wait to begin making its own battery cells. BMW Finance Head Nicolas Peter said the company will wait to begin producing its own, in-house battery cells for upcoming EVs, and […]
Rolls-Royce Won’t Compromise Standards on Spectre EV, Still Slated for 2023
With the first Rolls-Royce electric vehicle (EV), the Spectre, set to begin deliveries in 2023, CEO Torsten Müller-Ötvös is emphasizing the company’s commitment to making the upcoming EV just as luxurious as its other vehicles. Rolls-Royce head Torsten Müller-Ötvös said the company “would never compromise” what it’s like to drive a Rolls-Royce, in an interview […]