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Honda of South Carolina Manufacturing Inc. announced it will invest $45 million in expanding its Florence County operation. As a result, the expansion is expected to create 250 new jobs over the next few years, according to the S.C. Department of Commerce. According to Commerce, the company's plant in Timmonsville... Continue reading
Posted Aug 26, 2016 at UpShift
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The latest in the BMW iPerformance line is a bit bigger than what BMW hybrid enthusiasts are used to. The BMW Group has rolled out the new 2017 BMW 740e xDrive iPerformance that includes a plug-in hybrid drive system with a four-cylinder gas engine complete with BMW's TwinPower Turbo technology... Continue reading
Posted Aug 15, 2016 at UpShift
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The BMW free-floating car sharing service has expanded to the Seattle-Tacoma International Airport. According to BMW, its ReachNow program launched at the airport on Aug. 10 and allows program members to park and pick-up ReachNow cars from the Wally Park Premier Garage located next to the airport. It means that... Continue reading
Posted Aug 12, 2016 at UpShift
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The BMW free-floating car sharing service has expanded to the Seattle-Tacoma International Airport. According to BMW, its ReachNow program launched at the airport on Aug. 10 and allows program members to park and pick-up ReachNow cars from the Wally Park Premier Garage located next to the airport. It means that... Continue reading
Posted Aug 12, 2016 at UpShift
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BMW of North America and the BMW Group will be a focus point during this year's Monterey Car Week in California. From Aug. 18-21, the group and its automobiles will be showcased as its 100th anniversary is celebrated. According to the BMW Group, BMW will be "he featured marquee at... Continue reading
Posted Aug 11, 2016 at UpShift
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The BMW Group finished the restoration of the classic BMW 507 once driven by Elvis Presley while he was finishing his military service in Germany. The roadster was lost for nearly 50 years before turning up so the BMW Group Classic group could complete its restoration. It is currently owned... Continue reading
Posted Aug 5, 2016 at UpShift
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The BMW Group announced it set a sales volume and earnings record for the second quarter of 2016. It was also the 25th consecutive quarter the company reported sustainable profitability in its automotive sector. Group sales - including BMW, Mini and Rolls-Royce - jumped by 5.7% in the quarter by... Continue reading
Posted Aug 3, 2016 at UpShift
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As the Summer Olympics get in full swing in Rio de Janeiro, Mini USA has unveiled a campaign spotlighting U.S. Olympic athletes. Among the athletes highlighted are a two-time cancer survivor, a fencer who is Muslim and a rugby player that was once teased for being a "special ed kid."... Continue reading
Posted Aug 2, 2016 at UpShift
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The BMW Group's main plant in Munich, Germany has begun implementing what it calls a "optical measuring cell" to let robots get a three-dimensional image of a vehicle to find any flaws in a vehicle. The company said, in a press release, that the newest BMW 5 Series will be... Continue reading
Posted Jul 29, 2016 at UpShift
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If you are in the market for a new BMW, you can stand in line for this gem. The BMW Group has unveiled its latest in the M Class, the BMW M5 Pure Metal Silver Limited Edition. According to The BMW Group, the new Silver Limited Edition will feature the... Continue reading
Posted Jul 26, 2016 at UpShift
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Over the first six months of 2016, Volkswagen Truck and Bus reported a 4% increase in sales, according to a press release from Volkswagen AG, the parent company of Volkswagen Truck and Bus. The development of the markets continued to vary by region: the Western European markets showed a positive... Continue reading
Posted Jul 25, 2016 at UpShift
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General Motors reported second quarter earnings that bested 2015 by double, according to a press release from the company. GM said its second-quarter net income to common stockholders of $2.9 billion, up 157% compared to $1.1 billion in the second quarter of 2015. Earnings per share (EPS) diluted was a... Continue reading
Posted Jul 22, 2016 at UpShift
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The Volvo Group reported its second quarter 2016 sales were just over $9 billion, a 7% decrease from the same time a year ago. One reason for the downturn was currency fluctuations and had a negative impact on the Swedish Krona. The company said the impact on its operating income... Continue reading
Posted Jul 21, 2016 at UpShift
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The Volvo Group released a statement saying it has reached a settlement with the European Commission over an investigation into several truck manufacturers and antitrust. In the statement, Volvo said it has agreed to pay a fine of $738 million. It said the amount of the settlement "is mainly covered... Continue reading
Posted Jul 20, 2016 at UpShift
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The technology company Rever has partnered with BMW Motorrad to start building up a worldwide community of motorcyclists. Rever, which launched in 2015, has a free app available on Android and iOS which tracks miles on motorcycle rides around the globe. The app shows riders where some of the best... Continue reading
Posted Jul 19, 2016 at UpShift
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Designworks, a subsidiary of the BMW Group, recently partnered with Allsteel to help design and develop what is referred to as "seating solutions" for open office concepts, according to a press release from BMW. The concept is called "Reflect" and according to the press release it comes with "a wide,... Continue reading
Posted Jul 14, 2016 at UpShift
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The BMW Group's DriveNow car sharing program launched in its 10th European city last month, according to the company. Brussels, Belgium became the 10th city on the continent to offer the program as DriveNow enters its fifth year of operation. ReachNow was just recently introduced in the Seattle, Wash. market... Continue reading
Posted Jul 13, 2016 at UpShift
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Porsche Cars North America reported a 6.9% increase in its domestic sales for the month of June. The company said, in a press release, "sports car demand was strong across the board." Sales of its Cayman sports car increased by 33.8% over June 2015 and the Boxster jumped 10.6% over... Continue reading
Posted Jul 6, 2016 at UpShift
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The BMW Group has completed a collaboration with Puma to create a new shoe line called the DISC. Designworks, a BMW Group subsidiary, provided its fabric outer shell that was originally unveiled in 2008 as part of a new car design. Now, Designworks and Puma have collaborated to use the... Continue reading
Posted Jun 30, 2016 at UpShift
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The new BMW ReachNow program has expanded its Seattle footprint by adding southeast Seattle, west Seattle and the Magnolia addition. As part of the expansion, BMW added 150 Mini Clubman vehicles to its fleet in the Seattle area. That brings the number of vehicles in the fleet to 520 and... Continue reading
Posted Jun 29, 2016 at UpShift
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The U.S. Federal Trade Commission and Volkswagen AG have come to a settlement agreement in the amount of $14.7 billion, according to the Trade Commission. The settlement covers a pair of suits - one with the federal government and the other with the state of California. According to the FTC,... Continue reading
Posted Jun 28, 2016 at UpShift
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In response to an European Union investigation into the violation of anti-trust laws, the Volvo Group has added a provision of 250 million euro. The claim suggests Volvo and other automakers in the truck manufacturing industry violated anti-trust laws prior to January 2011. Volvo made an initial provision of 400... Continue reading
Posted Jun 28, 2016 at UpShift
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Shareholders of Volkswagen Aktiengesellschaft voted by a majority of 99.98%to approve the recommendation of the Board of Management and the Supervisory Board to pay a dividend of 0.11 euro per ordinary share and 0.17 euro for preferred stock. The move means nearly 68 million euro will be distributed to stockholders.... Continue reading
Posted Jun 27, 2016 at UpShift
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The BMW Group has unveiled a new stationary battery storage system for its i3 model. The company showed the new system off at the Electric Vehicle Symposium & Exhibition 29 in Montreal. According to BMW, the new system uses the BMW i3 batteries and has expansion capabilities for 2nd life,... Continue reading
Posted Jun 23, 2016 at UpShift
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Volkswagen AG has reported delivery of 2.4 million vehicles over the first five months of 2016. This includes 495,500 vehicle deliveries in May, which the company said was at 2015 delivery levels. "Deliveries in May at 2015 level. Strong impetus for orders from new Tiguan since market launch," said Jürgen... Continue reading
Posted Jun 21, 2016 at UpShift