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BMW Counting On I3 As Flagship For Its Electric Vehicle Offerings

2013-08-02 00:05:52| AutomotiveDigest.com - Automotive Industry News

The Article BMW Counting On I3 As Flagship For Its Electric Vehicle Offerings appeared first on Automotive Digest.

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India Cracking Down on Wave of Vehicle Recalls

2013-08-01 22:24:35| AutomotiveDigest.com - Automotive Industry News

Stung by a shakeup at General Motors operations in the country, the Indian government will be introducing a mandatory recall policy for automakers. India has seen more than 300,000 vehicles being recalled in the past year. Pressure was heightened by GMs recall of 114,000 Chevrolet Tavera sport-utility vehicles. The recall led to the retirement of [...]The Article India Cracking Down on Wave of Vehicle Recalls appeared first on Automotive Digest.

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European Union and US May Unite Vehicle Safety Standards

2013-08-01 22:20:06| AutomotiveDigest.com - Automotive Industry News

Negotiations for a free-trade agreement between the European Union and the US could push the global auto industry toward a world vehicle-regulatory system for the first time. Negotiators are looking at recognizing both regions standards in vehicle safety testing. If these negotiations move forward, cars tested in the US could be sold in the EU [...]The Article European Union and US May Unite Vehicle Safety Standards appeared first on Automotive Digest.

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BMW Counting on i3 as Flagship for its Electric Vehicle Offerings

2013-08-01 07:39:39| AutomotiveDigest.com - Automotive Industry News

BMW has just unveiled its long-anticipated all-electric i3 hatchback. BMW hosted a series of elaborate events for the i3 on Monday in London, New York, and Beijing. Its expected to price at $41,350 (plus a $925 delivery charge) in the US prior to incentives. Its impressing analysts who see the automaker taking the technology very seriously, including investing $2.7 billion into it so far. Competitors will include other luxury brands with alternative technologies such as Lexus hybrid models, though its expected to be targeted primarily against German competitors in the home market. Tesla could be part of the race, especially its upcoming Model X. The Article BMW Counting on i3 as Flagship for its Electric Vehicle Offerings appeared first on Automotive Digest.

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Leasing Playing a Large Part in New Vehicle Sales Growth

2013-08-01 07:33:13| AutomotiveDigest.com - Automotive Industry News

Automakers are battling for leadership in the midsize car segment, and leasing has become a big part of their marketing strategies. While leasing used to be mostly a tactic for luxury vehicles, it's now becoming more mainstream. Solid used car prices, low interest rates, and the appeal of lower monthly payments with US consumers is driving the leasing trend. Its reaching its highest level as a funding source for new vehicle sales not seen since 2007. Automakers will need to remain in a cautious stance for leasing to merit its worth. The Article Leasing Playing a Large Part in New Vehicle Sales Growth appeared first on Automotive Digest.

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