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BMW i3 & i8 EV range won’t be extended any time soon
Thu, 30 Jan 2014The BMW i3 and i8 EVs won’t get a sibling any time soon BMW have ploughed a chunk of money in to the development of the BMW i3 electric city car and the BMW i8 supercar, but it seems that is going to be the extent of the BMW i range, for now at least. BMW’s head of production, Harald Krueger, has told Automotive News that there will be no further i models until BMW has a better idea of demand for their i cars. So far, the demand looks very positive for BMW, with over 11,000 i3 EVs sold already which has led to a six month waiting list for BMW buyers looking for an electric city runaround.
News watch February 2012: today's auto industry news
Wed, 29 Feb 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 29 February 2012• Following on from yesterday's news of a cross-holding between PSA and GM, it now appears that Peugeot Citroen would offer a €1bn rights issue to create cash and strip back jobs as part of its proposed alliance with GM (Automotive News Europe) • The Bloomberg Riskless Return Ranking, a survey of investor performance, suggests that Kia has outperformed all 22 other car makers with a risk-adjusted return of 9.2% in the past five years. Second highest was Hyundai, whose shares rose 4.8% in the same period (Bloomberg)• Fisker has a new chief executive officer, as founder Henrik Fisker moves to executive chairman. The new boss is Tom LaSorda, the former top man at Chrysler pre-bankruptcy (Fisker)Tuesday 28 February 2012• General Motors is in talks to buy a 5% to 7% stake in PSA Peugeot Citroen, according to reports by news agencies Bloomberg and Reuters.
Mercedes G-Class by Vilner – fit for Cinderella
Fri, 09 Dec 2011Mercedes G-Class by Vilner Bulgarian tuner Vilner has taken the Mercedes-Benz G-Class, re-trimmed it and made it in to an off-road carriage fit for Cinderella. It must be pantomime season when car makers (well, car tuners in the shape of Bulgaria’s Vilner) send out a press release for a product with half of it taken up with references to Cinderella. Yes, it seems the new Mercedes G-Class by Vilner is a carriage for for Cinderella.