BMW ramps up production of drivetrain components at Bavarian plant

On Thursday, BMW’s spokesman stated, the carmaker will ramp up its capacities for producing drivetrain components for electric cars at its key Dingolfing plant. Dingolfing is located at around 50 miles (85 kilometers) northeast of Munich and is the group’s largest vehicle production site in Europe; it produces components for most of its electric cars.…

BMW Group reports records sales for 2019 topping the premium passenger car segment

On Friday, BMW stated, it has sold 2.52 million Rolls-Royce, BMW, and Mini vehicles in 2019, topping the premium category car group, ahead of Daimler. On Thursday, Daimler had reported that it had sold 2.34 million Mercedes-Benz passenger cars in 2019 – its ninth consecutive year of record sales. In a statement BMW said in…

Volkswagen boosts electric vehicle production forecast for 2025

European carmaker Volkswagen electric vehicle strategy is playing itself out, with the carmaker’s electric offensive picking up speed, as planned. In September 2019, VW unveiled its new all-electric ID.3 and in November production commenced at its Zwickau electric vehicle plant. With this major milestone under its belt, the Volkswagen brand is set to play a…

Australia imposes record fine of $86 million on VW for breaching emission standards

On Friday, Australian competition regulator penalized Volkswagen AG $86 million for its alleged false representations about compliance with Australia’s diesel emission standards. The exemplary fine is the highest ever ordered by the court for contraventions of the Australian Consumer Law, said the Australian Competition and Consumer Commission (ACCC) in a statement. According to the ACCC,…