2012 - Bmw X5 on 2040-cars

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BMW gets exemption to allow self-parking 7 Series in US [w/video]

The US-spec 2016 BMW 7 Series is gorged with enough technology for it to qualify as a finalist in our Technology of the Year award. But not all of the tricky bits found on the European-spec car are offered Stateside, like the automated Park Assistant Plus that lets a driver remotely move the car into and out of a parking space using the touchscreen keyfob. The reason is Section S5.3 of Standard No. 114 of the Federal Motor Vehicle Safety Standards, which dictates that "the service brake... be depressed before the transmission can be shifted out of park.'" Since Park Assistant Plus is remote controlled, the brake pedal isn't pressed when the car shifts from Park into a gear. Automobile reports that the National Highway Traffic Safety Administration has conceded the law is too vague, and granted BMW's request for an exemption to bring the convenience feature to the US. NHTSA said that the point of the law was to have brake actuation during the transition from Park to a forward or reverse gear, not to insist that someone actually presses the brake pedal. BMW said it plans to bring Park Assistant Plus to the US soon, but the carmaker doesn't yet have a firm timeline for the move. To us that seems like a small yet significant victory as the marketplace fills up with cars that have abilities beyond the current laws to manage. Now if we could just get that whole FMVSS headlight issues worked out and enjoy some of that tasty Matrix and MultiBeam lighting. You can watch a video of the BMW system in action in the video below.

BMW offering glitch fix for i3 with range extender

The BMW i3 has received quite a bit of acclaim since its release, with the electric powertrain grabbing a spot on Ward's 10 Best Engines list and the high-tech machine earning the nod as 2015 Green Car of the Year. However, Consumer Reports uncovered a vexing problem with the range-extended version of the hatchback that has plagued it until a recent software update. While CR was driving the range-extended i3 last year, it discovered that when the internal combustion engine was running during low states of charge, hard acceleration could suddenly cut back with no warning to the driver. This was especially problematic when passing. BMW knew about the issue and promised a software update in the spring. That improvement is now available. BMW spokesperson David Buchko tells Autoblog that the software update adds a percent-of-charge indicator to all models of the i3 to let drivers know just how much juice is left. For the range-extended model, it also provides a warning of possible power reduction when the charge reaches two percent. According to Consumer Reports, the revision lets the car anticipate needing more reserve power based on the topography from the navigation system, as well. For any i3 drivers who want the upgrade, they need to visit a dealer for installation, according to Buchko, but it should be come at no cost to owners. Related Video:

BMW warns profits will fall, plans $13.6 billion in cost-cutting

FRANKFURT, Germany — BMW said Wednesday that profits in 2019 will be "well below" last year's, and it will cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology. The company said profits would be eroded by higher raw materials prices, the costs of compliance with tougher emissions requirements and unfavorable shifts in currency exchange rates. The Munich-based automaker also faces increased uncertainty due to international trade conflicts that could lead to higher tariffs. "Depending on how conditions develop, our guidance may be subject to additional risks; in particular, the risk of a no-deal Brexit and ongoing developments in international trade policy," said Chief Financial Officer Nicolas Peter. The company forecast a profit margin of 6 to 8 percent for its automotive business, short of the long-term strategic target of 8 to 10 percent, which it said still "remains the ambition" for the company if given "a stable business environment." BMW said it had no plans for layoffs even as it outlined cost saving measures that include dropping half of its engine variants as it seeks to reduce product complexity. The BMW, Mini and Rolls-Royce brands are to get a single sales division. Peter said that given the headwinds to earnings, "we began to introduce countermeasures at an early stage and have taken a number of far-reaching decisions." The company said the measures were needed "to offset the ongoing high level of upfront expenditure required to embrace the mobility of the future." Automakers around the world have faced heavy up-front costs for technology expected to change how people get from one place to another in the next decade. Those include electric cars and renting cars through smartphone apps. Yet the returns from such investments remain uncertain and auto companies face competition from tech firms such as Uber and Waymo. BMW made 7.2 billion euros ($8.2 billion) in net profit last year, down 17 percent from 2017, when it booked a gain of $1 billion from U.S. tax changes. The company faced headwinds from increased tariffs on vehicles exported to China from the United States. It also suffered from turmoil on the German auto market when companies faced bottlenecks getting cars certified for new emissions rules. BMW faces uncertainty from U.S.-China trade tensions that could result in new tariffs if talks do not result in an agreement. U.S.