Longtime Mercedes Design Chief Steps Down
Over 28 years with the German automaker, Gorden Wagener has made long-lasting impacts on its vehicles' look.
Over 28 years with the German automaker, Gorden Wagener has made long-lasting impacts on its vehicles' look.
BMW and Mercedes-Benz partner to establish at least 1,000 high-power charging stations.
Sandy Springs, Ga. facility the first in $1 billion plan for 400 charging hubs across North America.
Stations will open this fall and be available to drivers of all EV brands.
Presence of EV lithium-ion batteries has challenged rescue operation.
Muscle cars and EVs are among the models on the chopping block.
The latest acquisition is part of a strategic plan to increase market presence and expand its customer base.
Direct sales planned in some markets to help cut costs.
BMW will reach the higher end of its 7-9% margin target for its vehicle business and will see slight sales growth in 2023, forecasted CFO Nicolas Peter in a roundtable this week.
Automakers have shifted to selling vehicles with better profit margins in the U.S. as supply chain shortages and shipping concerns dampen production.