BMW News
BMW veteran Joachim Post succeeds Frank Weber as the automaker's top engineer.
BMW said it would "price protect" the Mexican-buit 3 Series sedan and 2 Series coupe until May for U.S. customers, The Wall Street Journal reported.
BMW will introduce a next generation of the 3 Series with an internal combustion engine in parallel with its Neue Klasse electric version of the midsize family, according to a report.
Electrification — notably gasoline-electric hybrids — is becoming more of a viable option for U.S. consumers looking for value, safety, reliability and performance in a new car or light truck.
BMW was planning to shift Mini's plant in Oxford to all-EV production from 2030 onward, a timeline that’s now called into question by the decision.
Big declines for Tesla, Toyota and several Stellantis brands pulled down overall Europe demand, while Chinese automakers and electric vehicles made strong gains.
The BMW and Mini brands are on top of six of Europe’s 11 premium segments, while the Volkswagen and Skoda brands have a similar advantage in the volume segments.
The dual motor performance electric coupe delivers up to 659 hp and a 0-to-60 mph time of 4.1 seconds.
The Santa Fe and Ioniq 5 N won two awards. The Honda Civic and BMW i4 were also winners.
An extra tariff went into effect on Monday against goods including vehicles with engines larger than 2.5 liters, according to Chinese state broadcaster CCTV, bringing the total impost to 25 percent.