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Showing results for tags 'r&d'.
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BMW has plans on streamlining its production process and cutting down on the number of variants to help get more money into R&D. According to Reuters, BMW is ramping up development on electrics, autonomous vehicles, and new powertrains to meet stricter emission standards. Nicolas Peter, BMW's finance chief said the company spent 5.16 billion euros (about $5.91 billion) or 5.5 percent of revenue on R&D in 2016. "The next three years will be between 5.5 percent and 6 percent," said Peter. With the increase in R&D costs, BMW is looking everywhere to cut. Unfortunately, one of the items being cut is the manual transmission option for U.S.-spec 2-Series to cut certification costs. Over in Europe, BMW has been reducing the number of 5-Series models with the option of a manual. Peter also mentioned that there will be a reduction in the number of engines on offer. "In the 5 series we have four diesel engines on offer. I would not bet on there being four diesel engines on offer in the next generation vehicle." Source: Reuters -
BMW has plans on streamlining its production process and cutting down on the number of variants to help get more money into R&D. According to Reuters, BMW is ramping up development on electrics, autonomous vehicles, and new powertrains to meet stricter emission standards. Nicolas Peter, BMW's finance chief said the company spent 5.16 billion euros (about $5.91 billion) or 5.5 percent of revenue on R&D in 2016. "The next three years will be between 5.5 percent and 6 percent," said Peter. With the increase in R&D costs, BMW is looking everywhere to cut. Unfortunately, one of the items being cut is the manual transmission option for U.S.-spec 2-Series to cut certification costs. Over in Europe, BMW has been reducing the number of 5-Series models with the option of a manual. Peter also mentioned that there will be a reduction in the number of engines on offer. "In the 5 series we have four diesel engines on offer. I would not bet on there being four diesel engines on offer in the next generation vehicle." Source: Reuters View full article
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German automakers are currently working on competitors to take on Tesla Model S. Case in point is Mercedes-Benz. In an interview with German publication auto motor und sport, Mercedes-Benz's development chief Thomas Weber said they are working on electric vehicle with a range of 400-500 kilometers (228-311 miles) that could be arriving 'soon'. Now this model would use Mercedes' modular platform, which means other models could use this new electric powertrain. This comes at an interesting time for Mercedes-Benz as the relationship between it and Tesla appears to be unraveling. Back in 2009, Mercedes' parent company, Diamler took a 9.1 percent stake in Tesla. The two would work together on some vehicles such as the Mercedes-Benz B-Class Electric drive. But last year, Tesla removed Diamler from its board. Afterwards, the German company sold off the rest of its shares in the electric car company. Source: auto motor und sport, Automotive News (Subscription Required) -
German automakers are currently working on competitors to take on Tesla Model S. Case in point is Mercedes-Benz. In an interview with German publication auto motor und sport, Mercedes-Benz's development chief Thomas Weber said they are working on electric vehicle with a range of 400-500 kilometers (228-311 miles) that could be arriving 'soon'. Now this model would use Mercedes' modular platform, which means other models could use this new electric powertrain. This comes at an interesting time for Mercedes-Benz as the relationship between it and Tesla appears to be unraveling. Back in 2009, Mercedes' parent company, Diamler took a 9.1 percent stake in Tesla. The two would work together on some vehicles such as the Mercedes-Benz B-Class Electric drive. But last year, Tesla removed Diamler from its board. Afterwards, the German company sold off the rest of its shares in the electric car company. Source: auto motor und sport, Automotive News (Subscription Required) View full article
