2016 Smart Fortwo Passion Coupe on 2040-cars

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BMW negotiates Daimler alliance, buys out car-service partner Sixt

Sixt sells its stake in DriveNow car-sharing to BMW BMW in talks with Daimler to combine car-sharing Combining car-sharing business to aid robotaxi plans FRANKFURT — Germany's BMW has bought out partner Sixt from their joint venture DriveNow, paving the way for a broader car-sharing and driverless taxi alliance with Daimler to compete against Uber and Lyft. Car rental company Sixt said on Monday it would generate an extraordinary pre-tax profit of about 200 million euros ($248 million) in 2018 from the sale of the DriveNow stake to BMW for 209 million euros. "With DriveNow as a wholly-owned subsidiary, we have all options for continued strategic development of our services," said Peter Schwarzenbauer, BMW's board member for Digital Business Innovation. "Our experience with mobility services supports our development of future autonomous, electrified and connected fleets," he said, adding that BMW aims to have 100 million customers for "premium mobility services" by 2025. The Sixt deal comes as BMW moves closer to a deal to combine its car-sharing services with Daimler's Car2Go, a person familiar with the discussions told Reuters last week. The German carmakers want to build a joint business that includes car sharing, ride-hailing, electric vehicle charging, and digital parking services, a senior executive at one of the companies said on Monday. Mercedes-Benz parent Daimler and BMW declined comment on the status of potential talks on their car-sharing business. "This is speculation, we do not comment," BMW said. The senior executive, who declined to be named because the plan is not public, said: "This will create an ecosystem which can also be used for managing robotaxi (driverless taxi) fleets." BMW would contribute its ParkNow and ChargeNow businesses to the common company, the executive said, adding that there were still differences of opinion over the valuation of Car2Go. The market for ride-hailing services currently makes up around 33 percent of the global taxi market, and could grow eightfold to $285 billion by 2030, once autonomous robotaxis are in operation, Goldman Sachs said in a recent research note. BMW and Daimler are now working on developing autonomous cars, vehicles which could enable them to up-end the market for taxi and ride-hailing services.

2016 Smart Forfour

The Fortwo always has been – and always will be – the prototypical Smart car. While it has been far and away the brand's best seller, it's not the only model to to wear the moniker. A decade ago, Smart rolled out the larger Forfour, but like the brand's other models that have come and gone, it wasn't much of a success. Now, Smart is back and taking another stab at it with the introduction of this all-new Forfour. And this time, we think it's in a much better position to succeed. Where the previous model shared its underpinnings, production line and front-engined layout with the Mitsubishi Colt, the new Forfour was co-developed with – and will be produced alongside – the new Renault Twingo we drove recently. Like its predecessor (and its contemporary French cousin), the new Forfour is not presently earmarked to be offered in America. But curiosity got the better of us when we were offered the chance to drive it back to back with the Fortwo upon their launch in Barcelona. Driving Notes Like the smaller Fortwo, the new Forfour will be offered with a choice of two three-cylinder engines mounted all the way at the back: a normally aspirated 999cc engine (available in 59- or 70-horsepower states of tune) and a 898cc turbo kicking out 89 hp. Either engine can be mated to either a five-speed manual or six-speed dual-clutch transmission (save for the lowest spec, which can only be had with the manual). We sampled the top-spec model, fitted with the same turbo engine as the Fortwo we'll get in the States, sending 89 hp and 100 pound-feet of torque through the five-speed manual straight down to the rear wheels. The Forfour's (relatively) great mass means that, even with forced induction, it still takes 11.2 seconds to reach 62 miles per hour from a standstill. That's a 0.8 seconds behind the Fortwo with the same powertrain, but a solid 4.7 seconds quicker than the next (naturally aspirated) version down. It hardly felt rapid, but it kept pace just fine with European city traffic. Regardless of spec, however, the rear-engined layout it shares with the Fortwo and Twingo makes the new Smart Forfour exceptionally agile. That it felt any less scrappy than the Fortwo is a testament only to the latter's agility, because compared to anything else on the road, the new Forfour will change direction like a frightened street cat.

Daimler wants to cut EV research spending as it preps EQ

Daimler AG is hoping that the legwork it's done preparing its EQ electric-vehicle sub-brand will allow it to slightly reduce annual spending on plug-in vehicle technology. The Mercedes-Benz parent is looking to cut electric-vehicle research-and-development spending to $13.2 billion in 2017 from about $15.4 billion this year, Bloomberg News says, citing comments Daimler CEO Dieter Zetsche made to journalists in Hamburg, Germany, this week. Daimler's annual R&D spending is up from about $11.5 billion in both 2013 and 2014. Like its competitors – for example Audi and BMW and its i sub-brand – Daimler is aiming to have as much as 25 percent of its annual vehicle sales be battery-electric within the next 10 years as part of an effort to meet stricter greenhouse-gas emissions mandates in both Europe and North America. In fact, Mercedes-Benz and Daimler's Smart division collectively have at least 10 electric-vehicle models on their slates during the next few years, though Zetsche said the German automaker will continue to find ways to make its gas- and diesel-powered vehicles more fuel-efficient as well. Daimler introduced a concept version of the Generation EQ electric SUV at the Paris Motor Show late last month. It comes powered by two electric motors and is made up of a combination of steel, aluminum, and carbon fiber, and boasts a 311-mile single-charge range (on the relatively lenient European testing standards). The SUV also has 402 horsepower, and the ability to go from 0 to 60 miles per hour in less than five seconds. Zetsche said at the time that Daimler was prepping powertrains and platforms for electric sedans, wagons, coupes, and roadsters, in addition to SUVs. Additionally, Daimler's Deutsche Accumotive unit is producing the lithium-ion battery packs for the EQs. Featured Gallery Mercedes-Benz Generation EQ Concept: Paris 2016 View 19 Photos News Source: Bloomberg News via Automotive News-sub.req. Green Mercedes-Benz smart Electric eq mercedes eq