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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.

BMW 2 Series to wear 230i, M240i nameplates

BMW might not be done tweaking its naming scheme quite yet. Of course, at this point, the jumble of numbers on the back of the Bavarian models has no connection to what's under the hood. So there's not much reason to stop changing the monikers now.
As Autoblog reported a few months ago, BMW is slotting upgraded, turbocharged four- and six-cylinder engines called the B48 and B58, respectively, into the 3 and 4 Series. If this happens, the 328i/428i would become the 330i/430i, and the 335i/435i would turn into the 340i/440i.
Obviously, this change hasn't happened yet, but the same member of 2Addicts, a portion of the larger Bimmerpost community has now claimed that the 228i and M235i would get the same treatment. They would become the 230i and M240i, respectively, with the new engines.

Two-box BMW X2 breaks from X4 and X6

Our first batch of BMW X2 spy photos has revealed something interesting about the German brand's newest compact CUV. Unlike the even-numbered X cars – the X4 and X6 – these shots show a traditional two-box CUV, rather than the plunging roofline of those lifted, four-door coupes. With a two-box design then, what is there to differentiate the X2 from the X1? For a start, while this is a similar to the X1 shots we've seen, the D-pillar and rear window are significantly more aggressive without compromising the traditional CUV design. That design backs up our spies, who claim the X2 will be a sportier version of the upcoming X1. But while the look will be similar, expect the two cars to share powerplants and drivetrains. That means the four-cylinder B48, used in both the Mini Cooper S and other BMW products, will be on offer at launch. That engine will be joined by turbocharged triples within the first 12 months on the market. An M Performance model will also be offered, boosting the B48's output from around 230 horsepower to an even 300 ponies. That'd put the X2 on a collision course with the Audi RS Q3, although it won't be quite as angry as the Mercedes-Benz GLA45 AMG. While the X2 could debut as early as the 2016 Geneva Motor Show, our spies claim the X2 won't hit dealerships until the second half of 2017. Check out our array of spy images up top, and pay particular attention to the D-pillar and rear window, to see the major differences between the X2 and X1.