A direct-to-customer sales model is one that BMW is slowly working toward. This is in direct opposition to the conventional method of selling automobiles, which involves dealers authorized by the manufacturer. Some BMW vehicles are sold directly to customers in Europe, and those who have done so seem to like it. Which is the reason […]
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In Germany, government incentives to encourage buyers were reduced in January 2023, resulting in a decline in electrified vehicle sales. By reducing prices, Tesla offset the downward trend and increased sales. According to information provided by the KBA motor transport authority, the number of full-electric vehicle registrations decreased by 13% to 18,136. The number of […]
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According to a report, on Tuesday, January 24, 2023, according to the people familiar with the situation, that Ford Motor Co. and Chinese electric vehicle manufacturer BYD Co. are discussing the sale of a manufacturing plant in Germany. According to the WSJ report, the factory under consideration is the Saarlouis plant, where vehicle production is […]
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After two years of sharp declines caused by the coronavirus pandemic, supply bottlenecks, and the official data showed that new car sales in Germany increased slightly in 2017. According to the federal transport authority KBA, 2.65 million vehicles were registered in Europe’s largest economy in 2022, an increase of 1.1% from the previous year. While […]
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According to reports, coal has made a comeback in Germany in 2022, as the largest economy of Europe turns to coal energy to power the country through an energy crisis. More than 36 percent of the electricity fed into the power grids of Germany between July 2022 and September 2022 came from coal-fired power plants, […]
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On the fourth day of the FIFA World Cup 2022, Japan stunned Germany 2-1 in their World Cup opener, punishing Germany for not taking their chances after they dominated the first half of the game. German football team covered their mouths for the team photo before the game in a strong protest against the decision […]
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Vodafone cuts its cashflow forecast and has decreased earnings guidance, reflecting the rising energy costs and a deteriorating performance in Spain, Germany, and Italy. Nick Read, chief executive officer of Vodafone, said that Vodafone had to navigate a challenging macroeconomic environment, which forced it to reduce its cashflow forecast by 200 million euros to around […]
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According to the reports, BMW has officially started production of the smallest electric SUV, the iX1 in its lineup. BMW iX1 is the smaller version of BMW iX3 and the iX electric SUV vehicles that are currently sold in the Australian market. The production of the BMW iX1 started in Regensburg, a city located in […]
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After releasing plans to increase electric vehicle and battery production in the United States, BMW has announced that it would also add a new battery assembly line and new cell varnishing lines at BMW’s plant in Germany. The automobile company says the batteries will be used for its fully electric Mini Countryman. According to a […]
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Robert Habeck, economic minister of Germany, said that the planned exit of Germany from nuclear power by the end of 2022 has been officially delayed in order to increase energy supplies during an expected shortfall this winter. The decision was made following a shortage in the electricity supply coming from France because of the fact […]
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