BMW | Pixr8 News

15Dec By Gauri SinghNo Comments

CHINA

BMW Launches Online Ride-hailing Service in China

The BMW-owned car-sharing service called ReachNow has reportedly launched a ride-hailing service in Chengdu, capital of Southwest China's Sichuan province, on Friday. The move makes BMW the first foreign enterprise given the green light for online ride-hailing operation in China. Aiming at the huge high-end online car-hailing market, the company stated that a fleet of 200 BMW 5 Series models had hit the road in Chengdu at the preliminary stage, and half of the vehicles were plug-in hybrid ones. Customers can hail a car after installing the ReachNow app. Jochen Goller, president and CEO of BMW Group Region China, said China's high-end car-hailing service market has great development potential. China's ride-hailing market is dominated by Didi Chuxing, which offers services to 550...

Ducati Sale Rumors Reawakened, Find out the Bidders

18Apr By Lavina TolaniNo Comments

News

Ducati Sale Rumors Reawakened, Find out the Bidders

While the German automotive leader Volkswagen Group has appointed a new CEO last week, rumors catering to the sale of its motorcycle owned brand Ducati are all buzzing around in the automobile market. The Volkswagen Group which is a part of Porsche Automobil Holding SE has appointed Herbert Diess as its new CEO replacing Mathias Muller. Diess who has worked with BMW before addressed the press conference while discussing the new management structure with executives managing multiple platforms at the same time. Last year too there were rumors floating about Volkswagen selling its multiple brands, including Ducati, in order to raise capital that could cover company's Dieselgate liabilities. But, it suffered huge resistance from trade unions including Volkswagen Labour unions who were ag...

BMW, Baidu Joint Project on Self-Driving Cars Breaks Down

19Nov By NitishNo Comments

News

BMW, Baidu Joint Project on Self-Driving Cars Breaks Down

German automaker BMW and Chinese internet giant Baidu will end their joint research on self-driving cars, executives for the two firms said on Friday, with Baidu now searching for new global research partners. Wang Jing, the head of autonomous car development at Baidu, told Reuters the company was now using cars from Ford's Lincoln in its U.S. testing, declining to elaborate. "I'm open for any partners, actually I'm talking to many," Wang said, speaking on the sidelines of China's third World Internet Conference in the eastern Chinese city of Wuzhen. Tech and automotive leaders contend that cars of the future will be capable of completely driving themselves, revolutionizing the transportation industry, with virtually all carmakers as well as companies such as Alphabet's Google and...

Ola Ties Up With BMW, Expands On Demand Luxury Ride Service

25Oct By Press Trust of IndiaNo Comments

News

Ola Ties Up With BMW, Expands On Demand Luxury Ride Service

Leading taxi-hailing app Ola on Monday partnered with luxury car maker BMW, which the two companies claimed will go a long way in redefining on-demand luxury mobility in India. Ola claims it has around half a million drivers on its platform and the service, Ola Lux, is available in Mumbai, Delhi and Bengaluru to begin with, and will shortly commence in Hyderabad. Ola already has tie-ups with luxury car makers Mercedes and Jaguar and also with Mahindra and Tata Motors. Other OEMs like Maruti Suzuki, Toyota and Nissan also have such association with aggregators. BMW India acting president Frank Schloeder said the partnership is not exclusive, but will offer 100 per cent financing from BMW Finance, assured buyback and two-year free insurance maintenance. Pranay Jivrajka, chief ope...