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Auto blog
BMW looking to save billions with cost cuts
Wed, 18 Jun 2014BMW is planning a fairly extensive overhaul in a bid to recoup some its annual costs, with CEO Norbert Reithofer (pictured above) aiming to save three to four billion euro ($4 to $5.4 billion) per year to help keep the company's profit margins between eight and 10 percent, while also maintaining investments in production expansion and new tech. BMW's profit margins sat at 9.4 percent in 2013.
According to Automotive News Europe, Reithofer is none too pleased about costs at Mini and on the 1 Series, although neither AN nor its source story, from Germany's Manager Magazin, elaborate on what steps could be taken to improve losses on either project. That makes it hard to figure out just where the fat will be trimmed from.
What may happen, though, is that BMW attempts to trim 100 million euros ($135 million) from its German labor costs each year; a solution hinted at a few weeks ago by Germany newspaper Muenchner Merkur. While a dramatic cost reduction, 100 million euros still doesn't begin to even approach the savings envisioned by Reithofer.
Check out the trick way you access the tire valve on this BMW Alpina B6
Wed, 22 Oct 2014The wheels are one of the first things you notice when checking out the 2015 BMW Alpina B6 xDrive Gran Coupe. The 20-inch aluminum alloy rollers have 21 spokes that spray out from their hubs, creating one of Alpina's signature design features. But there's also plenty of function to go along with the stylistic form of this hotted-up BMW 6 Series Gran Coupe.
By rotating the Alpina roundel and unlocking the center hub, you gain access to the tire valve and bolts, which are hidden inside. They're literally kept under lock and key, and they protect your Alpina's wheels from the elements and theft. This unique center-fill system employing a hollow spoke isn't a new setup for the favored BMW tuner, but since Autoblog had one in our offices this week, we thought we'd take the opportunity to show the unique mechanism in case you haven't seen it before. Check it out in our brief video below.
BMW starts Apple-like "Genius" program to explain tech
Wed, 20 Feb 2013Even workaday cars are so capable now that even most auto scribes don't truly find out about a car's limits until a professional driver shows them what they are. It's the same with a vehicle's suite of features and the technology inside - there's so much of it that most people will have no idea what their cars can offer them. BMW is the latest company to make a personal effort to change that, introducing "young, tech-savvy employees" to dealerships as part of its "BMW Genius Everywhere" initiative.
Having no part in the actual sale of a vehicle, a BMW Genius is present on the showroom floor only to answer questions about the company's products and their features. If the customer decides to buy, he is transferred to a salesperson. A pilot program in the UK proved its effectiveness, it will now be rolled out across Europe and then come to the United States toward the end of this year in time for the launch of the i3. Details are still being worked out, but each BMW dealer will have at least one Genius.
For assistance that doesn't require visiting the auto mall, BMW is also putting vehicle and feature tutorials on its US website to "make our knowledge about our brand more interesting and more accessible to the consumer." They will appear online sometime in the latter half of the year, and will also be bundled into iPhone and iPad apps.