BMW News
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.
BMW’s development boss, Frank Weber, explained how the automaker became the top seller of premium full-electric cars after its earlier miss with the i3.
Strong demand for models such as the BMW X1, Volvo EX30, Porsche Cayenne and Toyota Yaris Cross offset big declines for luxury sedans and minicars.
Ford, Mini, Mitsubishi and Ram told dealers that lower-priced models were on the way. Chrysler, Volkswagen and Chevrolet already have address affordability concerns with less expensive products.
BMW’s sole electric crossover model in the U.S., the iX, receives a midcycle freshening that delivers more power, a longer driving range, and a new grille and headlight design for the 2026 model year.