2008 535xi Auto Awd Lthr Moon Heat Xen Cd Abs Sport Package Fully Loaded on 2040-cars

Auto blog

E.U. executive conditionally approves Daimler, BMW car-sharing deal

BRUSSELS — The European Union's competition authority said on Wednesday it had approved the plan of German luxury carmakers Daimler and BMW to combine their car-sharing businesses, subject to conditions. Under the deal, which includes car-sharing units Car2Go and DriveNow as well as ride-hailing, parking and charging services, Daimler and BMW will each hold 50 percent stakes in a joint venture. They have offered concessions to address E.U. antitrust concerns over the deal they hope would let them better compete with U.S. rival Uber and China's Didi Chuxing. The European Commission has found the deal would raise competition concerns for free-floating car sharing services in Berlin, Cologne, Duesseldorf, Hamburg, Munich and Vienna. It said Daimler and BMW agreed to a remedy package in the six cities. "The commitments thus fully address the Commission's concerns as they will reduce the barriers to entry for competing free-floating car sharing providers," the Commission said in a statement. "Therefore the Commission concluded that the proposed transaction, as modified by the commitments, would no longer raise competition concerns. The Commission's decision is conditional upon full compliance with the commitments." Reporting by Gabriela Baczynska and Philip Blenkinsop. Related Video:

BMW's Mini plant closes for 4 weeks for the Brexit that didn't happen

LONDON — BMW's Mini plant in Britain is closing for four weeks starting Monday in a move planned over a half year ago to help the company deal with any disruption resulting from Brexit, which has since been delayed. The German carmaker, which builds just over 15 percent of Britain's 1.5 million cars, moved its annual summertime shutdown to April to "minimize the risk of any possible short-term parts-supply disruption in the event of a no-deal Brexit." But Britain's departure from the EU has now been pushed back from March 29 until at least April 12 or potentially much later, scuppering the timing of major contingency plans for some carmakers. Shutdowns are organized far in advance so employee holidays can be scheduled and suppliers can adjust volumes, making them hard to move. "This is what our company and our workforce have planned for over many months, and it is fixed into our business planning," said a BMW spokesman. It represents the latest headache for Britain's once roaring car sector which had been on track for record production but since 2017 has posted sharp falls in sales, output and investment. The overwhelmingly foreign-owned industry has become increasingly incredulous as a stable and attractive investment environment descends into one of its deepest political crises, risking the free and frictionless trade the sector relies on. BMW's Rolls-Royce factory in Goodwood will close for two weeks whilst Jaguar Land Rover's (JLR) three car plants and engine facility and Honda's Swindon facility will also shut for a few days this month as part of Brexit contingencies. It has been a turbulent few months for the sector after Nissan canceled plans to build a new sport utility vehicle at its English Sunderland plant and Honda said it would shutter its plant in 2021 in the biggest blow to the sector for years. Toyota provided a rare boost when it announced plans to build cars for Suzuki at its English car plant. BMW, which is also closing its central English Hams Hall engine facility and Swindon press shop and sub-assembly site for four weeks, has said it could move some engine and Mini output out of Britain if there is not an orderly Brexit. Carmakers face a number of risks if there is a disorderly Brexit, including delays to the supply of ports and finished models, new customs bureaucracy, the need to recertify models and an up to 10 percent tariff on finished vehicles.

2016 BMW X1 takes a more mainstream approach [w/video]

I really like the outgoing X1, simply because it's still an 'old' BMW. I say 'old' because all of the 'new' BMWs don't really feel that great to me – they just aren't the driver's cars they used to be. But the X1 still uses the rear-wheel-drive 1 Series architecture, and I love the way it drives. As for this new X1, it looks to be a vastly improved product in many key areas, but I worry that it, too, will suffer from the same sort of dulling that every other BMW has received. So it goes. Nevertheless, the new X1 should appeal to a broader range of luxury crossover shoppers. It ditches the cool, tall wagon shape of the old model in favor of a more traditional CUV shape. Think small X5. There's far more technology inside and out, passengers will enjoy an increase in spaciousness, and the X1 is more efficient than before, as well. Only one engine will be available in the US – BMW's 2.0-liter, turbocharged, inline-four-cylinder with 228 horsepower and 258 pound-feet of torque. All-wheel drive is standard, as is an eight-speed automatic transmission. While I'm not sure if this X1 will be as entertaining to drive as the outgoing model, the new car's improvements will surely help sales. That's especially important as small, luxury CUVs are hotter than ever. See the new car for yourself, live from Frankfurt, in the gallery above. The All-New BMW X1: - Greatest interior roominess and versatility in its class - Highest power with reduced emissions - Commanding presence, robust proportions, dynamic lines - Innovative connectivity and groundbreaking BMW EfficientDynamics technology unparalleled in the segment Woodcliff Lake, N.J. – EMBARGO: June 2, 2015 – 6:00pm EDT/3:00pm PDT... Today, BMW announced the all-new BMW X1 Sports Activity Vehicle. In its second generation, the new MY 2016 BMW X1 builds on the success of its predecessor (61,974 sold in the US to date) by incorporating a roomier interior, greater efficiency and technology on the forefront of innovation. The second generation takes to the stage with a body design typical of a BMW Sports Activity Vehicle. The BMW X1 xDrive28i will be the exclusive model in the US at launch featuring a 2.0-liter TwinTurbo 4-cylinder engine from BMW's new family of modular engines with maximum output of 228 horsepower, making the all new BMW X1 the most powerful entry model in the segment. It will be mounted to an 8-speed Steptronic automatic transmission.