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BMW planning Zhi Nuo Chinese sub-brand, may export models
Sat, 06 Apr 2013Automakers continue to pour big money into the developing market that is China, and new sub-brands born of joint ventures with domestic partners crop up on what seems like a weekly basis. The latest? According to reports, BMW and its Chinese ally Brilliance are forming a new sub-brand called Zhi Nuo ("The Promise") that will likely rely on existing or older BMW products as a basis for new models.
Previous reports had indicated that the sub-brand could build its offerings based on an older 3 Series model (presumably the E90 series), but newer rumors have the X1 crossover (shown) factoring in. The Zhi Nuo brand could receive its official unveiling as soon as later this month at the Shanghai Motor Show.
Perhaps most interestingly, Automotive News Europe reports that the automaker's ambitions for Zhi Nuo may extend beyond China's borders. It's not clear what markets BMW may be eying, but executives admit the company hasn't ruled out Europe.
BMW planning X4 M Performance diesel? [w/poll]
Wed, 04 Dec 2013With the arrival of the new X4 in March, BMW will expand its crossover portfolio by one more model. But while some enthusiasts may have been disappointed by the news that the Bavarian automaker isn't likely to authorize an M version of the compact slantback crossover, this latest development could help bridge the gap.
Although the line used to be quite clear between standard BMWs and M models, Munich has been blurring it with the M Performance treatment. Those have included models like the M135i hatchback and M235i coupe, the diesel-powered M550d sedan and wagon and X5 and X6 M50d crossovers. Now word has it that BMW could follow a similar formula with the X4, creating a sub-M performance model.
What's more is that the X4 M Performance model could go diesel, following a similar formula that Audi undertook with its first performance crossover, the SQ5 TDI. The major difference here is that when Audi brought the SQ5 to these shores, it ditched the diesel for a gasoline engine. Could BMW do the same?
VW could look outside its own ranks for next CEO
Fri, Feb 27 2015Companies have two options when coming up with succession plans – hire within, or go outside its ranks. Either choice comes with advantages and disadvantages, to be sure. Hiring within means generally getting someone familiar with the company and its culture and traditions, while going outside is ideal if you're looking to shake things up and bring in fresh ideas. It's unclear which avenue the Volkswagen Group will go down when it comes time to replace its head man, Herr Professor Doctor Doctor Herr Martin Winterkorn, but he isn't ruling out a trip outside of Wolfsburg. Winterkorn has already given the reins of the VW brand to former BMW board member Herbert Diess, while Andreas Renschler, a former Daimler board member, is heading up VW's truck group. Now, Winterkorn has made some statements to a German weekly that indicate the most important thing about his successor isn't necessarily his (or her, though no women appear to be on the short-list) previous employer, Motoring.com.au is reporting, so much as his qualities as a leader and an engineering background. "A Volkswagen boss has to have a big affinity to our products. He needs to be close to customers and he needs to have a relationship with dealers," Winterkorn told Stern. "Like always, it depends on the personality and it also helps if the candidate is an engineer." Motoring throws out a couple of potential candidates from within, including Porsche boss Mathias Muller, Audi Chairman Rupert Stadler and engineering guru Ulrich Hackenberg, in addition to both Diess and Renschler. And while each candidate has a lot of potential, the only thing that's guaranteed right now is what Winterkorn has already said: "The decision about who will succeed me is not an easy one for the supervisory board."