Latest in Tag: BMW Highlight
Latest in Tag: BMW
Automotive companies promote themselves in North Coast
Kia, BMW, and Toyota are the most prominent signs announced
Agents break expectations of distributors, traders by raising prices during July
Nissan, Chevrolet, and Toyota are the leading companies
Ssang Yong wins Shell-Egypt Automotive cup against BMW
The Ssang Yong team managed to win the title of Shell-Egypt Automotive in football after beating BMW 6-4, whereas Volkswagen’s team came in third place.
Automotive companies offer no price cuts in Ramadan
For the first time in years, car companies have not offered price cuts on their products during the holy month of Ramadan. Most car models’ prices remained unchanged, except Nissan, Hyundai, Chery, and Ford. Auto companies expect that the sector’s sales will fall due to the Central Bank of Egypt’s (CBE) decision to raise the …
Missing Bosch part slows BMW production
German premium carmaker BMW has experienced production disruptions at several of its locations. The problems have been caused by a steering gear part that supplier Bosch has been unable to deliver in time.Employers at several BMW production facilities in Germany and abroad have been forced to go on holiday or put forward maintenance work planned …
BMW third-largest electric car manufacturer
The market for electric cars and hybrids grew by 37 percent in 2016. BMW has made e-car production a priority, and now enjoys a market share of 7 percent, behind Tesla and market leader BYD from China.German car giant BMW is now the world’s third-largest manufacturer of electric cars, according to a report in German …
Drunken BMW workers disrupt car production
At a BMW plant in Munich, Germany, production came to a standstill for almost an hour after two workers had passed out during their shift due to alcohol and drug consumption, costing the company dearly.Confirming a report in the German tabloid Bild on Monday, the Munich-based premium carmaker said two of its assembly line workers …
BMW logs record quarterly profit on strong sales
German premium carmaker BMW has posted a decent increase in third-quarter earnings
Automotive market fails to control prices of 165 car models in October
A new wave of price increases for 165 car models from different brands continued through in October, registering record highs as a result of price increases that companies have put in place on newly imported shipments and the low supply offered in the market. These price hikes included the German brands Opel and BMW, the …
BMW’s new e-car strategy
Amid stagnating sales of its battery-powered, lightweight ‘i’ models, BMW has had to admit its strategy for dominating the electric car market isn’t working. To change that, it plans to take a page from Tesla’s book.
Low supplies cause car prices to rise in September
Coinciding with September’s deliveries, further price hikes have swept across approximately 137 models from all the well-known brands in the automotive market, registering record highs as a result of the price increases companies have put in place on newly imported shipments and the low supply offered in the market. These price hikes were registered for …
Car dealers conceal inventory of new cars, raising prices by 20%
Egyptian Tax Authority investigates six companies over charges of evasion and selling cars at false prices, says Consumer Protection Agency chairperson
Automotive companies advertise their models, services in the North Coast
While people flock to the coastal cities to take advantage of the summer months, automotive companies are also looking to take advantage of the summer season to promote their cars and after-sales services. Daily News Egypt is taking a look at the direction automotive companies are moving in, including Kia, Toyota, BMW, Renault, and Nissan. …
Baghdad youth find escape in drifting
As Baghdad is rocked by deadly explosions and political chaos, “drifting” is an increasingly popular way for young men in the Iraqi capital to let off steam, reports Florian Neuhof.
BMW teams up with Intel, Mobileye
German carmaker BMW has announced that it’s entered into a technology alliance with chipmaker Intel and computer vision specialist Mobileye. The move is meant to support the firm’s focus on self-driving vehicles.
European automotive market sees price increase on 70 models
Price lists showed that Opel raised the prices of Astra and Cascada by EGP 20,000
Car prices continue to climb in June
The automotive market has witnessed dramatic prices increase in recent months, driven by the shortage of hard currency required for importing and the high exchange rate on the informal market.
LCI 318i ranks first among BMW’s sales, followed by X3
The report included 11 models, most notably LCI 318i, X3, 218i, 520i, X5, 418i, 120i, X1, 740Li, X4, and X6
MINI launches its new convertible at EGP 450,000
The MINI Convertible’s engine is equipped with a turbo air charger of 1.5 liter in capacity
Dollar shortage most pressing issue in Automech closure
Jeep, BMW, and Suzuki announce the closure of reservations for their vehicles
BMW outlines new digital strategy
German luxury carmaker BMW has presented a new long-term strategy aimed at strengthening the company’s market position in the digital age. Autonomous driving and e-mobility are high on the firm’s agenda.
Bavarian Auto Group to introduce new crossover model
BMW sales in Egypt grew by 17% in 2015
German emissions scandal threatens to engulf Mercedes, BMW
German auto giant Daimler has made legal threats against an environmental group after it tested diesel cars. The results appeared to show that Mercedes and BMW models are also cheating on emissions tests.
Egypt is capable of manufacturing automotives: Minister of Industry
Egypt seeks to develop an integrated incentive system to encourage global-producing companies to manufacture their products in Egypt, says Qabil
‘Look ma, no hands!’
Frankfurt’s IAA motor show is back in town along with more than 1,100 exhibitors from 39 countries. This year’s spectacle will include 210 world premieres, but driverless cars will steal the show. The event organizers may have opted for the much more conservative catchphrase “mobility connects”, but the message is the same: The future of …
Bavarian Auto Group plans to expand during Q1 of 2016: Chairman
Group will present products that are offered for the first time in the Middle East, says El-Tobgy
BMW earnings hit by weak Chinese market
German luxury carmaker BMW has seen its profit drop in the second quarter as demand in the world’s largest auto market, China, slumped markedly. But the company said it relied on a speedy rebound there. Earnings before interest and tax dropped by 3 percent in the second quarter year-on-year, BMW Group reported Tuesday. The company’s …
German carmakers to buy HERE maps from Nokia
Three rival German automakers are buying Nokia’s digital maps division, HERE, a frontrunner in high-precision cartography. The maps are especially useful in the development of autonomous driving systems. German car companies Audi, BMW and Daimler announced on Monday that they would be banding together to purchase HERE from Finland’s Nokia, with each company acquiring an …
BMW new 2-series feature 1500 CC 3 cylinder engines
The first group of the model were already sold, says BMW Egypt Chairman
BAG to launch BMW Active Tourer Series 2
Bavarian Auto Group (BAG), the manufacturer and seller for BMW and Mini Cooper, is prepared to launch the new Active Tourer BMW Series 2, which belongs to SUV middle-sized cars. The car’s cost is expected to be at EGP 335,000. Yahia Abdel Kodouss, marketing director of BMW at BAG, stated that the company is about …