Tag Archives: BMW

News

BMW Group recorded sales growth in 2023

2023 has been a successful year for the BMW Group when it comes to sales, and they can be especially pleased with the demand for their electric vehicles, which has increased by 74%.

In the past year, the BMW Group sold 2,555,341 cars worldwide, which is 6.5% more than the same period in 2022. It is the best result ever for the group which includes the BMW, Mini and Rolls-Royce brands.

Sales growth was recorded in all markets, and the most cars were delivered in Asia (over a million units) with a growth of 4.1%. In Europe, 942,805 cars were sold, an increase of 7.5% compared to 2022. In North and South America, the BMW Group sold 480,380 cars, an increase of 9.3%.

When it comes to local markets, 281,986 vehicles were sold in Germany (+11.7%), 395,741 vehicles in the USA (+9.4%) and 842,932 vehicles (+4.2%) in China. This is an excellent result if we take into account that some European manufacturers have recorded a drop in sales on the Chinese market.

Looking at the brands, BMW sold the most cars (2.2 million units). It is interesting that the M performance division sold 202,530 cars, and that Mini sold 295,474 vehicles. Rolls-Royce reached the number of 6,032 cars, which is the best result in the history of this luxury brand and the second year in a row with over 6,000 cars delivered.

The highest demand was for electric vehicles (367,183 units), which is a growth of 74.4% more than in 2022. This means that of the total number of vehicles sold, 15 percent were electric.

This is a good sign for the BMW Group, which intends to switch production to fully electric cars by 2035.

Source: BMW

Auctions

1991 BMW 850i is up for auction

At the 1989 Frankfurt Motor Show BMW premiered the first generation E31 8 Series. It was the first road car to offer a V12 engine mated to a 6-speed manual transmission and was one of the first vehicles to be fitted with an electronic drive-by-wire throttle. It was produced until 1999, and one of them, a 1991 BMW 850i, is up for auction.

1991 BMW 850i is up for auction

This car was owned by one of the best NBA basketball players ever, Michael Jordan, and is powered by a 5.0-liter M70B50 V12 with 296 hp (221 kW) and 332 lb-ft (450 Nm) of torque. Power is sent to the rear wheels via a six-speed manual transmission. It is mounted on 17″ multi-piece AC Schnitzer wheels wrapped in 235/45 front and 275/40 rear Continental ExtremeContact tires.

The car is finished in Mauritius Blue Metallic, well maintained and in good condition. It is equipped with pop-up headlights, fog lights, a power-operated sunroof, and black bodyside trim, refinished front bumper cover, hood, and front fenders, four-wheel ventilated discs with ABS, and a MagnaFlow exhaust system.

Inside, the power-adjustable front seats are upholstered in Light Parchment leather that also covers the door panels and the lower part of the dash, with matching door panels and carpets. In front of the driver are a four-spoke leather-wrapped steering wheel and a digital odometer showing 30,112 miles. Additional equipment includes an onboard computer, dual-zone automatic climate control, an AM/FM/cassette stereo with a trunk-mounted CD changer, driver position memory, a power-adjustable steering column, and air conditioning.

The car has a clean Carfax report that shows no accidents or other damage. It comes with documentation bearing Michael Jordan’s signature, manufacturer’s literature, a stamped service booklet, and a clean Illinois title in the owner’s name.

The auction ends on January 8 and the highest bid at the time of writing was USD $70,023.

Source: Bring a Trailer

Gallery:

1991 BMW 850i is up for auction
News

BMW stopped producing ICE in Germany

It is official! On November 10, BMW stopped producing the ICE in its factories in Germany. This does not mean a complete cessation of these engines as production will continue in other BMW plants (Austria and Great Britain).

According to BR24, the last engine produced was the V8, and the 1,200 employees at the Munich plant will start producing electric cars. The new BMW Neue Klasse series will be produced in this factory, and the first model in this series should reach the market in 2025.

This is not a surprise considering that all car manufacturers have already announced that they will switch to the production of fully electric cars by 2035. However, two years ago the Bavarian company confirmed that it will have its in-line 6-cylinder turbo petrol engine, along with a larger and more powerful V8 option. Former BMW M department head, Markus Flasch said in a statement to German media that the company has a technical solution for its turbocharged petrol engines. These engines are already installed in BMW M models, so by fitting with the new Euro 7 standard, the engines will still be on offer. At least until 2030.

Source: BR24