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BMW Offering Significant Discounts On the Polarizing XM SUV

The Truth About Cars

Despite its legitimately impressive performance, the BMW XM hasn’t been a blockbuster hit. Its price and, um, controversial styling are the most likely culprits, but BMW’s new offer (somewhat) takes care of half of those challenges. The SUV is available with a $17,500 lease discount and a $15k purchase incentive.

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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. November prices rose 0.9% ($422) month over month from October 2022 and were up 4.4% ($2,250) from year-earlier levels. in October.

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Mercedes-Benz EQ models have been slow to sell, dealers report

Teslarati

However, a new report shows that dealers have had difficulty keeping up with inventory levels for the automaker’s EQ lineup, with sales times for the EVs exceeding the luxury segment average. Comparatively, vehicles across the overall luxury segment averaged 57 days, while BMW vehicles took around 38 days to sell.

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Premium EV bargain hunting? 2024’s best cut-price prestige electric buys

EV Central

Could you be tempted by an ex-demo or lightly pre-loved premium electric car once they’ve shed dollars from scarily high original sticker prices? 2022 BMW i7 xDrive60 – $205,000 (-$93,000) The BMW i7 – accelerating towards chunky depreciation. That’s fallen a mighty $100,000 from its new list price.

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Kia taps former Mercedes, BMW designers to lead the brand’s EV transition in key regions

Baua Electric

To help its transition, Kia is bringing on former longtime Mercedes-Benz and BMW designers. Kia brings on ex-Mercedes, BMW designers amid EV shift Kia announced Tuesday that it has hired senior chief designers Oliver Samson and Seungmo Lim as head of its Europe and China Design Centers. The move is effective April 1st.

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BMW sends i7 EV on a road trip to understand Aussie demand

EV Central

BMW Australia is hitting the road with its new i7 luxury electric saloon to understand whether it will garner more interest from prospective buyers than its more affordable ICE counterpart. After much teasing, BMW revealed first details of the new seventh generation 7-Series in April and announced the Australian pricing last month.

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Kia EV9, Genesis EV prices cut with generous $7,500 discount offer

Baua Electric

Kia and Genesis are two of the latest to slash EV prices with generous deals. Since then, the brand has added the Electrified GV70 SUV and G80 sedan to its EV lineup. The automaker introduced its first three-row electric SUV, the EV9, which landed in the US late last year. Kia isn’t the only one offering big rebates.

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