South Korea to ban BMW !

bmw-front

South Korea to ban 20,000 BMWs following #engine fires South Korea’s transport ministry said it will ban about 20,000 #BMW vehicles from the streets amid mounting public fears about engine fires after 27 cars went up in flames this year

BMW Finalizes Accord to Start Producing Electric Minis in China

bmw-mini

#BMW AG will make #Mini cars in China for the first time, sealing a joint-venture agreement to produce electric vehicles with partner Great Wall Motor Co. in the world’s largest automotive market. The 50-50 owned venture will make #battery -powered vehicles for both partners at a new plant in Jiangsu Province, BMW said in a statement Tuesday.

BMW Forced to rise prices !

BMW-logo

#BMW forced to raise prices in response to China duties BMW said Friday that it will be unable to “completely absorb” a new Chinese 25 percent tariff on imported U.S.-made cars and light trucks and will have to raise prices on the vehicles it makes in Spartanburg, S.C. BMW-logo