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Apple Car's latest EV secret? Magna could be its new Foxconn
Mon, Apr 18 2016There have been rumors and noises and noisey rumors about a potential EV from Apple. We certainly don't know what's true and what's not, but a new whisper says that the California computer company might be secretly working on an upcoming electric car in Berlin. According to the Frankfurter Allgemeine Zeitung (FAZ), which cited "sources with knowledge," there are about 15-20 "progressive thinkers" working on the car in Berlin. FAZ comes up with a few more details for this potential EV, including that the first-gen might not be autonomous. The small car might be available by like 2019 or 2020 and that it might be available through car sharing as well as purchase. The most concrete new detail that FAZ offers up is that Apple will build the car in Germany with automotive supplier Magna. That sure does mesh well with a statement from Magna CEO Don Walker from last year, when he said: We are, in my opinion, the best contract manufacturer in the world. [With] our ability to do small-volume niche vehicle production and help with the engineering and the launch and the procurement ... we'd be a logical person for anybody if they have small volume or [are] a new entrant coming out. Plus, it's not like Apple CEO Tim Cook understands auto manufacturing and already uses outside help like Foxconn to build its computer products. Lyle Dennis, who now runs Apple Car Fans, told AutoblogGreen that he thinks this rumor about the Germany connection is true. "I suspect this is real," he said. "There have been discussions between Apple and BMW. It wouldn't surprise me if they did build the Apple car there." Well, maybe those discussions happened and maybe they didn't.Related Video: News Source: Frankfurter Allgemeine Zeitung via Apple Car Fans Green Rumormill BMW Electric Magna project titan
Trump reportedly says he wants to wipe German cars off the U.S. map
Thu, May 31 2018BERLIN/FRANKFURT — A report that U.S. President Donald Trump has threatened to pursue German carmakers until there are no Mercedes-Benz rolling down New York's Fifth Avenue dented shares in the luxury car manufacturers on Thursday. An excerpt from German magazine Wirtschaftswoche's article, which cited several unnamed European and U.S. diplomats but did not include any direct quotes, could not be independently verified, while a U.S. Embassy spokesman in Berlin referred questions to Washington. The news and current affairs magazine said Trump had told French President Emmanuel Macron in April that he aimed to push German carmakers out of the United States altogether. Macron's administration in Paris declined to comment on the report. The Trump administration last week opened a so-called Section 232 trade investigation into vehicle imports, which could result in a 25 percent tariff on cars on the same "national security" grounds Washington used to impose metals duties in March. This could destroy exports by German carmakers, which control 90 percent of the U.S. premium market and are the biggest European Union exporters of cars to the United States. BMW owns Rolls-Royce, while Daimler has Mercedes-Benz, and Volkswagen controls Bentley, Bugatti, Porsche and Audi. Daimler, BMW and Audi declined comment. Porsche was not immediately available for comment. BMW shares were trading 0.5 percent lower at 0939 GMT, while Daimler and VW's shares were down 1 percent and 1.6 percent respectively, underperforming Germany's blue-chip DAX. Trump has railed against German carmakers before. And in early 2017, in an interview with German newspaper Bild, he said he would impose 35 percent tariffs on imported cars. At the time, the president called Germany a great car producer but said that the business relationship with the United States was an unfair one-way street. Germany's auto industry association VDA says its members exported 657,000 vehicles to North America last year, with total exports of vehicle components, cars, engines, as well as second-hand vehicles totaling 31.2 billion euros in 2016. Imports from the United States to Germany amounted to 7.4 billion euros, meaning a trade deficit of 23.8 billion euros the VDA's latest available figures show. However, German brands also have huge factories in the United States, where they built 804,000 cars last year, VDA said, providing jobs for U.S. workers. Berlin has reacted angrily to the U.S.
BMW X4 M40i leaks ahead of LA Auto Show
Wed, Sep 30 2015Leaked photos of the higher-performance BMW X4 M40i emerged today ahead of its expected debut at the 2015 LA Auto Show. The new model builds on the xDrive35i model, offering an extra 60 horsepower and 43 pound-feet of torque. The hotted-up X4 should use that power well. According to Auto Guide, it will hit 62 miles per hour in 4.9 seconds and should be limited to a top speed of 155 mph – a notable improvement over the existing xDrive35i, which takes 5.2 seconds to hit 60 and has a top speed of 130 mph. Expect the X4 M40i to be followed by an similar version using the X3's more versatile body style, both of which will use an eight-speed automatic and a more aggressive all-wheel-drive setup. Despite the "M" in its name, this is not a full-blown M car. Instead, it takes the same tack BMW has used for the M235i here in America, as well as the M50d models sold in Europe: higher performance over stock, without offering the full enchilada that is a proper M car. That explains the slightly more aggressive body kit, which isn't as sporting as that of a proper M car. On top of the new front and rear clips, there's a set of meaty 19-inch wheels that look to be wrapped in sporty Michelin Pilot Super Sport tires. In the cabin, an oversized M-branded steering wheel is the most notable addition. Naturally, we'll have the full range of details on the X4 M40i when it debuts in a couple of months in LA. Related Video: The video meant to be presented here is no longer available. Sorry for the inconvenience.
