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BMW Group plans joint venture for MINI electric vehicles in China; LoI with Great Wall Motor

Green Car Congress

The BMW Group is in advanced discussions to ramp up the global success of its MINI brand through a new joint venture in China. To this end, the BMW Group has signed a letter of intent (LoI) with the Chinese manufacturer Great Wall Motor. The BMW Group has no plans to set up an additional sales organisation in China.

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Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

Green Car Congress

Sustainable Value Margin—the ratio of Sustainable Value to sales—for each of the evaluated manufacturers. BMW and Toyota are consistent leaders in sustainable value. The BMW Group and Toyota are consistent industry leaders, creating extremely positive Sustainable Value over the entire review period—i.e., Click to enlarge.

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China to allow extended sales periods for ICE models based on existing emissions standard, report says

CN EV Post

China's policy on extending the sales period for vehicles built to the 6a emissions standard may be announced soon, National Business Daily reported today, citing Shen Jinjun, president of the China Auto Dealers Association (CADA), as saying at a forum. This was seen as the beginning of the massive outbreak of the price war.

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

Global vehicle sales totalled 5.55 This represents the largest year-on-year monthly decrease since 1980, when JATO Dynamics started to collect data—even surpassing the global financial crisis in November 2008, which saw a 25% decline in sales. million units in March 2020, down by 39% from March 2019. million units.

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MINI realigning model range with emphasis on electromobility; crossover & premium compact segments; and China

Green Car Congress

The British premium automobile manufacturer MINI is realigning its model range, with a focus on drivetrain technologies, vehicle segments and services of the future. In 2008, MINI was a trailblazer for electromobility in the BMW Group. Electrified vehicles now account for 10% of MINI sales.

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Japanese carmakers still ‘most sustainable’

Green Cars News

A focus on tailpipe CO2 emissions has distracted away from the impact of car production, suggests Professor Frank Figge who co-authored the ‘Sustainable Value in Automobile Manufacturing’ study. There is a mixed picture among European manufacturers. GM achieved a sustainable value of minus €9.87 billion from 1999 to 2007.

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Trump promises 100% tariff on Mexico-built Chinese cars—EV or not

Baua Electric

Former President Donald Trump has announced that he would apply a tariff of 100% to cars built in Mexico by Chinese companies for U.S.-market market sale—effectively double the previous tariffs he had seeked to apply. automobile industry as a whole.” BMW Group Plant San Luis Potosí in Mexico Mexico already builds many U.S.-bound

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