By 2020 at the earliest, Mini's lineup will have only five models, down from seven today.
BMW CEO Norbert Reithofer says the cost to meet tougher EU CO2 limits due in 2021 will cost the carmaker billions of euros, but he's confident that a new engine family will allow the automaker to achieve the target.
BMW will continue to enter new segments as it expands its lineup of X-model crossovers, says CEO Norbert Reithofer. The group also will add vehicles using its new front-wheel-drive platform -- both for BMW and Mini.
Audi CEO Rupert Stadler is confident that his automaker will remain the world's second-largest premium brand after BMW this year despite a product trough and a big challenge from fast-growing Mercedes.
Audi CEO Rupert Stadler is confident that his automaker will remain the world's second-largest premium brand after BMW this year despite a product trough and a big challenge from fast-growing Mercedes.
The Lamborghini Urus SUV will be built at parent VW Group's factory in Slovakia starting in 2017, sources said.
BMW i3 buyers face a six-month wait to receive the electric car because of high demand.
BMW i3 buyers face a six-month wait to receive the electric car because of high demand.
Seat President Juergen Stackmann is bullish on growth in Europe, where the Spanish carmaker does 80 percent of its business. To benefit from a forecast upswing in European demand this year, Stackmann is concentrating on extending Seat's product portfolio.
VW Group may build an SUV for Spanish brand Seat at a Skoda plant in the Czech Republic, company sources say. Seat lacks an entry in the booming segment.