Coscharis woos BMW, Ford enthusiasts with yuletide promo
As 2018 business year winds up, Coscharis Motors has lined up offers for two of its major brands.
BMW profit dips in 'volatile' times
German high-end carmaker BMW on Wednesday posted a steep drop in quarterly profit as new emissions tests, global trade tensions and costly recalls weighed on the bottom line.
BMW posts record net profit of 8.7 bn euros for 2017
German luxury carmaker BMW said Thursday its 2017 net profit soared 26 percent to a record 8.7 billion euros ($10.7 billion), driven by strong demand for electrified vehicles and a tax bump from the United States.
BMW, Toyota invest in self-driving shuttle startup
May Mobility, a startup that develops fleets of self-driving micro shuttles, has raised $11.5 million in seed funding, in part from units of BMW and Toyota.
BMW offers valentine special packages
Coscharis Motors Plc, the exclusive representative of the BMW brand in Nigeria, has commenced the celebration of love with its customers through the Valentine Special promo for selected BMWvariants starting from February 12 to February 19, nationwide. The Valentine promo is poised to show its love commitment to customers and prospects alike. The company said…
BMW Group meets pledge to deliver 100,000 electrified vehicles
The BMW Group has delivered more than 100,000 electrified vehicles to customers worldwide in 2017, as promised at the beginning of the year. This underlines the company’s leadership role when it comes to electro-mobility. An eye-catching light installation will mark this milestone on the road to the mobility of the future, with the BMW Group…
German automakers face class actions over price-fixing
German auto giants Volkswagen, BMW and Daimler were hit with lawsuits this week charging the companies colluded illegally to drive up the prices of their cars.
Automakers settle deadly Takata airbag case for $553 mn
Four automakers including Toyota and BMW agreed Thursday to pay $553 million to settle a US lawsuit over the defective Takata airbags blamed for 11 deaths in the United States alone.
Intel buying Israeli car tech firm Mobileye for $15 bn
Intel will buy Israeli car tech firm Mobileye for more than $15 billion (14 billion euros), the companies said Monday, in a deal signalling the US computer chip giant's commitment to technology for self-driving vehicles.