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Archive for February 19th, 2007
BMW Invests 14 Million Euros in Australia and Mentions Expansion into US Market

From AutoIndustry.co.uk

BMW will invest €14 million in expanding capacity at its engine plant in Steyr, Austria, to accommodate rising demand for diesel engines, according to the Austrian paper Der Standard of 15 February. Work on the plant is expected to be completed by the end of next year.

BMW is seeking to expand its diesel offering in the U.S. market, and also faces the need to decrease its average CO2 emissions under projected EU regulations requiring average fleet emissions of 130 g/km by 2012.

Diesel Shifting Gears in the US

From the Arizona Republic

The BMW 535 was fast, quiet and smooth, just as you’d expect from a premium German automobile.

Only this BMW was a diesel, a version of the performance sedan that isn’t sold in the United States.

In Europe, 50 percent of all cars and SUVs sold by BMW are diesels, compared with the United States, where the percentage is zero.

(more…)