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Financial Times
- 2009-12-03
This week's decision by Daimler to shift parts of the future production of its best selling Mercedes C-Class sedan to the US exposes the mismatch between large domestic footprints and global sales of many German industrial companies.Daimler said earlier this week that it would centralise German production of the...
Tags: Sedan, Siemens AG, Production, BMW AG, Daimler, Sales Strategy, Manufacturing, Sales Force Management, Sales, Company News, Marketing, Financial Times
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BNET
- 2009-12-03
Mano a mano, Lexus is the perennial best-selling U.S. luxury brand versus BMW and Mercedes-Benz. However, when you add Mini sales to parent BMW, the BMW Group is No. 1. by Jim Henry
Tags: BMW AG, Sales Strategy, Sales Force Management, Branding, Sales, Marketing, Jim Henry
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Financial Times
- 2009-10-12
A mood of quiet optimism seems to be returning to the German luxury car business. BMW reported a small 0.7 per cent increase in September sales compared with the same month last year. While sales at Mercedes-Benz and Audi were lower during the period, the decline was far less...
Tags: China, Car, Automobile Company, Audi AG, BMW AG, Taxes, Sales Strategy, Free Trade, Personal Finance, Financial Planning, Finance, Sales, Company News, Marketing, Financial Times
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Financial Times
- 2009-09-15
Magna's plans to take a majority stake in GM's lossmaking European arm Opel triggered a backlash yesterday when German carmakers Volkswagen and BMW voiced unease over the deal and warned that they would review their business relationships with the Canadian car parts supplier.Ferdinand Piëch, VW chairman, said that Europe's...
Tags: Car, VW, Voice, Supplier, BMW AG, Magna, Government, Channel Management, Marketing, Company News, Divestment, Mergers & Acquisitions, Shareholdings, Financial Times
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BNET
- 2009-05-20
A low-level production alliance between longtime luxury German automakers BMW and Mercedes is not as certain as it appeared earlier this year, with BMW showing signs of hitting the brakes. When the plan to share parts and components arose in March, analysts cheered and this low-level uber-luxury...
Tags: Alliance, Chrysler LLC, BMW AG, Mercedes, Branding, Marketing, Steve Miller
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BNET
- 2009-03-04
It's a myth that luxury cars are unaffected by economic downturns. For instance, U.S. sales tanked in February for BMW, Lexus and Mercedes-Benz. Ultraluxury brands like Ferrari fell, too. by Jim Henry
Tags: BMW AG, Brand, Branding, Capital Structures, Finance, Jim Henry, Marketing, Sales, Sales Strategy
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BNET
- 2009-01-12
In a disastrous automobile market, U.S. sales of the fuel-efficient Mini brand gained 29 percent in 2008 to a U.S. record 54,077 units. The U.S. overtook the U.K. as the brand’s biggest-selling single market in the world.That’s a development few people would have foreseen when parent company BMW first revived...
Tags: U.S., Car, Brand, BMW AG, Mini Cooper, Scion, Branding, Marketing, Jim Henry
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BNET
- 2008-11-05
Unlike the Detroit 3, BMW is profitable. But like them, BMW has been hit by the international financial crisis and the downturn in the U.S. market. by Jim Henry
Tags: BMW AG, Financial Accounting, Finance, Jim Henry, Brand, Mini Brand, Sales Strategy, Sales Force Management, Branding, Sales, Marketing
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- 2008-07-08
FRANKFURT AFP — German luxury car group BMW and Fiat of Italy said Tuesday they would explore the possibility of jointly producing platforms and components for their respective Mini and Alfa Romeo divisions. A memorandum of understanding will outline the cooperation and be signed by BMW product development director...
Tags: Agence France-Presse, BMW AG, Fiat, MARKETING, Strategy
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- 2008-07-06
LEWIS HAMILTON goes on a championship rescue mission in today's Santander British Grand Prix after yet another cock-up. After scrapping for the best time in the first part of qualifying, he headed the second part and had set the stage for some desperately needed glory in the...
Tags: BMW AG, CAREER, Ferrari, Hamilton, Honda Motor Co., MARKETING, Renault, Toyota Motor Corp.