Volkswagen AG and Ford Motor Company today announced the first formal agreements in a broad alliance that positions the companies to boost competitiveness and better serve customers in an era of rapid change in the industry. Volkswagen CEO Dr. Herbert Diess and Ford CEO Jim Hackett confirmed that the companies intend to develop commercial vans […]
January 10, 2019 (Mountain View, CA) – BMW i Ventures announced today an investment in Tekion, a technology provider that delivers the most modern cloud platform available for the automotive retail space. Headquartered in San Ramon, CA, Tekion was founded in 2016 by a world-class team with a unique background combining deep enterprise cloud platform […]
LAS VEGAS – January 8, 2019 – In Las Vegas today, BMW Group subsidiary Designworks unveiled a new camper concept and virtual reality experience, in partnership with The North Face, to imagine the future of protection from the elements. The lightweight camper concept and virtual experience were designed by Designworks to showcase a new fabric […]
Daytona. The dress rehearsal is over; now it won’t be long before Alessandro Zanardi‘s (ITA) next big challenge gets underway: the 24-hour of Daytona (USA) race on 26th and 27th January. At the IMSA WeatherTech SportsCar Championship (IMSA series) season opener, Zanardi will share the cockpit of the BMW Team RLL #24 BMW M8 GTE […]
DEARBORN, Mich., – Ford is issuing a recall for select 2015-19 F-150 and 2017-19 Super Duty vehicles equipped with engine block heaters. Water and contaminants can intrude into the block heater cable’s splice connector causing corrosion and damage to the cable over time. Prolonged corrosion in the cable splice connector can cause a short, make […]
Munich/Stuttgart. The BMW Group and Daimler AG are planning the next steps for their joint mobility company, following approval by the responsible competition authorities. The basis for this is the approval of the US competition authorities, which was received on Tuesday, December 18, 2018. This means that all antitrust authorities involved have given the green […]
Woodcliff Lake, NJ – MINI USA announced today they are expanding their Western Region Tier 2 media efforts with Crossmedia to include all Regional Tier 2 media starting in January 2019. The first campaign will launch in March. The selection of Crossmedia follows the conclusion of a Regional Tier 2 Media agency review conducted by […]
Mountain View, CA – December 18, 2018… BMW i Ventures has announced a strategic investment in Graphcore, a company developing a new kind of computer processor and software specifically designed for machine intelligence. Since the company’s founding only two years ago, Graphcore has helped innovators create next-generation machine intelligence solutions. Graphcore’s Intelligence Processing Unit (IPU) […]
At a constructive working meeting with representatives of the U.S. administration, the BMW Group today took the opportunity to explain in detail the extent of its footprint in the USA. The mandate to talk about international trade politics rests solely with the relevant political institutions. With its plant in Spartanburg (SC), the BMW Group has […]
DETROIT – General Motors (NYSE: GM) will accelerate its transformation for the future, building on the comprehensive strategy it laid out in 2015 to strengthen its core business, capitalize on the future of personal mobility and drive significant cost efficiencies. Today, GM is continuing to take proactive steps to improve overall business performance including the […]
