Tag Archives: BMW

News

BMW recorded a 61% drop in profits in Q3 2024

European manufacturers have been in crisis for a long time, and Q3 2024 was devastating for most of them. One of those that recorded a big drop in sales in the last three months is BMW with a 61% lower profit compared to the same period last year.

The biggest reason for the drop in profits is the problem with the brakes on the cars, which affected more than 1.5 million cars, and delivery delays are expected for about 320,000 cars. Also, the second big reason is the decline in sales in China, so BMW reduced its plans with the expectation of growth until the end of 2024. “After the exceptional challenges of the third quarter, in the fourth quarter we are back on track for higher profits in order to achieve our annual targets,” said BMW CEO Oliver Zipse.

Last month, BMW reported that its sales in China fell by 1/3 in the third quarter. Other German automakers such as Volkswagen and Mercedes-Benz are also struggling with declining sales in China due to a weak economy and intense competition.

Source: BMW

Tuning

Manhart MH5 800E based on the BMW M5

In June, BMW presented the seventh generation and most powerful M5 ever, and it didn’t take long for the German tuner Manhart to present its project based on this car, the Manhart MH5 800E (G9x).

The car is painted in Matte Black with standard gold stripes on both sides and a stripe that runs from the front fascia over the roof to the rear, making it look even more aggressive. Compared to the standard M5, the MH5 800E is equipped with a new front lip spoiler with an additional pair of wings, Concave One rims, a thin two-piece rear wing and a more aggressive diffuser, and buyers can also choose a carbon fiber hood. Also, further technical upgrades such as new suspension solutions to refine the agility and lowering of the M5 are planned.

All components are also compatible with the BMW M5 Touring that was presented in August, and it should be noted that the entire body kit with front spoiler lip, side skirts, diffuser and a rear spoiler is also under development.

There are still many unknowns, but what we know for now is that the MH5 800E will be powered by a 4.4-L biturbo V8 engine combined with an electric motor with a total power of about 800 hp (588 kW), paired with an 8-speed automatic transmission. By comparison, the factory BMW M5 has 727 hp (542 kW) and 737 lb-ft (1,000 Nm) of torque. That’s enough power to push a 2.5-ton car from 0 to 100 km/h (62 mph) in 3.5 seconds with a top speed of 305 km/h (190 mph). It is equipped with a 14.8 kWh battery that enables an electric range of up to 40 kilometers.

The price of the upgrade is not known.

Source: Manhart

Gallery:

Manhart MH5 800E based on the BMW M5
News

BMW Neue Klasse will also include new ICE cars

In 2023, BMW began the story of a new era of individual mobility with the Vision Circular and Vision Dee concepts. And while many thought that the Neue Klasse concept would include only all-electric cars, the Bavarian company thinks otherwise.

At the recent Paris Motor Show, BMW design director Adrian van Hooydonk stated that the Neue Klasse will also include future models powered by internal combustion engines assisted by various hybrid systems.

“With the Neue Klasse concept, we are embarking on the largest investment in the history of the company. We are not only writing the next chapter of BMW, we are also writing a whole new book,” said Frank Weber, member of the Board of Management of BMW AG.

The first production model from the Neue Klasse should be presented before the end of next year, and in Munich they say that by 2029 they will have at least five Neue Klasse models on offer, among which will be two SUVs and the next generation of the 3 Series, including the new M3 .

In September, BMW presented the Vision Neue Klasse concept, a car with a focus on clean vision with sharp and clean lines, which provides a new experience, creating an insight into the new future.

Source: BMW

Gallery:

BMW Neue Klasse will also include new ICE cars