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BMW Exec Says 85 Percent of 2030 Lineup Will Still Use Internal Combustion

Motortrend News Feed - Wed, 10/17/2018 - 01:00

After dieselgate, Volkswagen Group has shifted its focus away from diesels toward electric vehicles. Porsche went so far as to drop diesels across its entire global lineup, citing low demand. But rival BMW doesn’t paint such a grim picture for diesels or internal combustion engines in general. Speaking with Australian outlet Go Auto, BMW’s research and development boss estimates that 85 percent of the brand’s vehicles will still have an internal combustion engine by 2030.

“We have a spiral in Europe where every politician sees only one solution—diesel bashing,” BMW AG board member for development Klaus Fröhlich told Go Auto. “From a CO2 and customer perspective, a modern diesel is a very good solution. Especially for heavy, high-performing cars.”

 

Cities around the world—from Paris to London and Berlin—are placing bans on diesel cars. Still, Fröhlich said he was “very optimistic” about the future of diesels, and the board member even cast doubt on the notion that all markets would abandon internal combustion and adopt electric vehicles at the same time.

“I think the discussion about electro-mobility is a little bit irrational,” he said. “But we are prepared. We already purchased … cobalt and lithium from 2025-35. We already have the second life in place for consumers or for grid stabilization, we have built these battery farms. We are prepared to deliver. But the world—Russia, Australia, a large portion of the world—they will have combustion engines for a very long time.” BMW Vision iNext concept

Even in a best-case scenario, he foresees pure electric cars and plug-in hybrids making up 30 percent of BMW’s global lineup in the next 12 years. “If you assume that, from this 30 percent, half of them are plug-in hybrids—I have 85 percent in my portfolio in 2030 with a combustion engine,” he said.

While that projection seems to be in stark contrast to the EV plans of automakers like VW Group, Ford, GM, and others, BMW has said previously that it hopes to have 25 electrified vehicles, including 12 EVs, in its lineup by 2025. Some upcoming electric models include an i4 four-door coupe that’s based on the iVision Dynamics concept and is due in 2021. Also coming that year is the iNext, a highly autonomous vehicle with an estimated all-electric range of 435 miles. Arriving a bit sooner will be the iX3 crossover in 2020, which will likely share underpinnings with the current X3 but feature a next-gen electric powertrain. Almost all other future vehicles (including i4 and iNext) will be based on a next-gen platform that can support internal combustion, plug-in hybrid, and battery electric drivetrains.

Source: GoAuto

The post BMW Exec Says 85 Percent of 2030 Lineup Will Still Use Internal Combustion appeared first on Motor Trend.

Categories: Property

Germany Fines Audi $926 Million for Cheating Diesel Emissions Tests

Motortrend News Feed - Wed, 10/17/2018 - 00:00

It’s been more than three years since news broke that Volkswagen had used illegal software to cheat diesel emissions tests and almost two years since the German automaker reached a $14.7 billion settlement with U.S. regulators. Despite the amount of time that’s passed, the fallout from the scandal still continues. In the latest development, Germany just fined Audi nearly a billion dollars.

Reuters reports that Audi has been ordered to pay €800 million, or about $926 million at current exchange rates, for its role in the scandal. Audi will reportedly pay the fine without filing an appeal. This news comes only a few months after Germany handed Volkswagen a similar €1 billion ($1.16 billion) fine. Audi also recently fired (now former) CEO Rupert Stadler after he was arrested following a criminal investigation into the scandal.

As you can imagine, such a large fine won’t be good for Audi’s profitability. It’s already released a statement warning that yearly earnings will be affected. “Considering these special items the Audi Group will significantly undercut major financial key performance indicators forecasted for the fiscal year 2018,” said Audi in its statement. Volkswagen’s profitability will also likely be impacted, as well. This latest fine brings the total cost of the scandal to nearly $33 billion, according to CNN.

Source: Reuters, CNN

The post Germany Fines Audi $926 Million for Cheating Diesel Emissions Tests appeared first on Motor Trend.

Categories: Property

2019 BMW X7 First Look: Bigger Bimmer

Motortrend News Feed - Tue, 10/16/2018 - 23:01

BMW offers a pretty wide range of utility vehicles, from big to small, V-8s to plug-in hybrids, and even crossover coupes. But there remains one major hole in the lineup: a full-size SUV. The 2019 BMW X7 will make a belated entrance into this highly lucrative segment when it goes on sale in the U.S. in March 2019. At this time, it will compete against established players including the Audi Q7, Mercedes-Benz GLS, Lexus LX, and Infiniti QX80.

BMW is making up for lost time with a design that signals the X7’s position at the top of the lineup. The model features the largest kidney grille ever for a BMW. Measuring 9 inches longer than the X5, the size of this SUV also makes an impact. Bright accents adorn the exterior, including a chrome bar that connects the taillights, a detail shared with the 7 Series.

The X7 seats seven passengers in standard configuration, or six when equipped with captain’s chairs. Vinyl seats are standard, but buyers can opt for leather seats in a host of different colors. Third-row passengers aren’t assigned to a penalty box; instead, they receive cupholders, armrests, their own sunroof, and controls for the rear sliding shade. There are buttons on the rear doors and in the cargo area to fold up or raise the backrests of the second- and third-row seats. The second-row seats can be tilted to make it easier to access the third row.

A solid list of standard features includes four-zone climate control, a 10-speaker audio system, wireless charging, and a Wi-Fi hotpot. Taking aim at Audi’s virtual cockpit, the model gets a new 12.3-inch digital instrument cluster display as well as a 12.3-inch central display. The infotainment controller on the center console now comes with flat haptic controls instead of physical buttons. Like the new 3 Series, the model features a personal assistant that can provide navigation directions, adjust the car’s temperature, find parking spaces, and answer other questions through voice commands that start with “Hey, BMW.” Options include a head-up display, soft-close automatic doors, panoramic sky lounge LED roof, heated and cooled cupholders, and a rear entertainment package with a pair of 10.2-inch touchscreen displays and DVD player. To up the ante even further, there are optional glass controls for the gear shift lever, stop/start button, infotainment system controller, and volume knob.

Keeping things simple, BMW is offering two trims: the xDrive40i and xDrive50i. Engine choices mirror those on the X5. The 40i comes with a 3.0-liter inline six-cylinder engine with a single twin-scroll turbocharger. It makes 335 hp and 330 lb-ft of torque, which BMW says is enough to run from 0 to 60 mph in 5.8 seconds. The 50i upgrades to a 4.4-liter twin-turbo V-8 good for 456 hp and 479 lb-ft. With this engine, the big Bimmer can hit 60 mph in a claimed 5.2 seconds. Not bad considering the V-8 model weighs more than 5,600 pounds.

Both engines receive an eight-speed automatic transmission retuned for improved efficiency and shift comfort. The top speed on both models is 130 mph, and as the trim names suggest, they come standard with all-wheel drive. The X7 sits on the new CLAR flexible architecture that underpins a host of other BMW cars and SUVs.

All X7s receive a two-axle air suspension that automatically adjusts its height based on road conditions. Drivers can also adjust the position manually with the push of a button, up to 1.6 inches above the standard setting. There is both a comfort and a sport setting, and as we noted in our prototype review, they feel appropriately different. A Dynamic Handling package is available with M Sport brakes, integral active steering, and on 50i models, the M Sport rear differential.

Customers can pre-order the X7 online, a first for BMW. Pre-ordering begins this month, and those who go through the process will receive priority vehicle production. Prices begin at $74,895 for the 40i and $93,595 for the 5oi.

The post 2019 BMW X7 First Look: Bigger Bimmer appeared first on Motor Trend.

Categories: Property

2019 BMW X7 first look: Maximum crossover SUV

The Car Connection News Feed - Tue, 10/16/2018 - 23:01
With the 2019 X7, BMW stands ready to take on the Audi Q7 and Mercedes-Benz GLS-Class. Finally. It's taken the German automaker a while to get the hint that well-heeled American families are eager to buy three-row crossover SUVs draped in leather with powerful engines under their hoods. By those measures, the 2019 BMW X7 looks like it was worth...
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Shock Yellow 2019 Chevrolet Camaro SS is SEMA Bound

Motortrend News Feed - Tue, 10/16/2018 - 20:50

2019 Chevrolet Camaro SS headed for this year’s SEMA Show in Las Vegas, Nevada, debuts a new shade of neon paint appropriately named Shock Yellow. Chevy says the new flavor will be available on the Camaro in early 2019 along with Crush, Riverside Blue Metallic, Shadow Gray Metallic, and Satin Steel Gray Metallic.

 

 

The 2019 Chevrolet Camaro SS show car also sports concept front-end styling, a relocated bow tie, and new graphics for the hood and fenders. The brightly colored  Camaro SS will be on display at Chevy’s SEMA booth alongside new accessories and performance parts, including second-generation ground effects, a black rear wing, carbon-fiber fuel door, black fender badges, 50-state-legal cold-air intake kits, Recaro seats, a Brembo six-piston front brake upgrade kit, and 1LE suspension components. Chevy says all the parts were designed by the same engineers and designers that worked on the Camaro and can be purchased and installed at the dealership without voiding the warranty.

 

A Camaro LT convertible in Satin Steel Gray Metallic along with over a dozen vehicle concepts will join the Shock Camaro. Chevy will also show off the latest crate engines for vintage bowties like the black 1973 Chevelle Laguna seen below. SEMA runs from October 30 to November 2 at the Las Vegas Convention Center.

Source: Chevrolet

The post Shock Yellow 2019 Chevrolet Camaro SS is SEMA Bound appeared first on Motor Trend.

Categories: Property

M J Mapp appointed on Royal Albert Dock

Property Week News Feed - Tue, 10/16/2018 - 18:02
M J Mapp have been appointed by Chinese Developers ABP to manage the 35 acre Royal Albert Dock in east London.
Categories: Property

Health Board takes over Tesco House in record Cardiff office deal

Property Week News Feed - Tue, 10/16/2018 - 17:43
Oval Real Estate has sold the 85,000 sq ft former Tesco House office building to Cardiff and Vale University Local Health Board in the biggest single occupier deal in the region this year.
Categories: Property

​CoStar Group buys Realla

Property Week News Feed - Tue, 10/16/2018 - 17:35
CoStar Group has bought commercial property search engine Realla.
Categories: Property

Lyft expands monthly ride-hail subscription service nationwide

The Car Connection News Feed - Tue, 10/16/2018 - 16:33
Ride-hailing giant Lyft said Monday that its monthly subscription service is now available nationwide. For $299 per month, "All-Access Pass" subscribers get 30 rides costing up to $15 apiece. Anything over $15 is charged directly to the rider's credit card through the Lyft smartphone app. MORE: Lyft launches its scooter service The subscription...
Categories: Property

Honda airbag theft, Porsche Panamera GTS, Hyundai Nexo driven: What's New @ The Car Connection

The Car Connection News Feed - Tue, 10/16/2018 - 15:30
Thieves are stealing Honda airbags and reselling them on the black market In the past, car thieves have gone for unattended items, radio head units, and even the car itself. Now they’re going for airbags. According to a report by USA Today, there has been a recent spike in airbag thefts in many major markets around the country. The ultimate...
Categories: Property

PowerLeague creditors approve CVA

Property Week News Feed - Tue, 10/16/2018 - 14:35
Creditors have approved plans for five-a-side football pitch operator Powerleague Fives to enter into a company voluntary agreement (CVA).
Categories: Property

Thieves are stealing Honda airbags and reselling them on the black market

The Car Connection News Feed - Tue, 10/16/2018 - 14:32
In the past, car thieves have gone for unattended items, radio head units, and even the car itself. Now they’re going for airbags. According to a report by USA Today, there has been a recent spike in airbag thefts in many major markets around the country. The airbags, which can sell for over $1,000 a piece on the black market, are being...
Categories: Property

Cushman enters retirement living

Property Week News Feed - Tue, 10/16/2018 - 12:58
Cushman & Wakefield has launched a new retirement living service in the UK and appointed Caryn Donahue from its Boston office to lead the team.
Categories: Property

ASOS expands with record South East office letting

Property Week News Feed - Tue, 10/16/2018 - 12:37
Kennedy Wilson has completed the successful leasing-up of the remaining office space at Leavesden Park near Watford to online fashion brand ASOS.
Categories: Property

2019 Chevrolet Blazer preview

The Car Connection News Feed - Tue, 10/16/2018 - 12:07
Reboots come in all shapes and sizes, from the kind found on TV and film, to the daily process you go through just to get your phone to receive voice mails. The 2019 Chevrolet Blazer is a reboot, but the familiar nameplate won't return on a truck-based SUV. With the reformatted Blazer, Chevy will fill the niche in its lineup left between the...
Categories: Property

2019 Chevrolet Cruze

The Car Connection News Feed - Tue, 10/16/2018 - 12:06
The 2019 Chevrolet Cruze compact car finally gets with the times. This year, the Cruze sedan and hatchback sport revised styling, updated technology, and a raft of collision-avoidance gear it lacked last year. The 2019 Cruze, available in L, LS, LT, and Premier trim levels, can be had with either a 1.4-liter turbo-4 gas engine or a 1.6-liter...
Categories: Property

2019 Chevrolet Spark

The Car Connection News Feed - Tue, 10/16/2018 - 12:05
Some cars are honest about their intentions. Not the 2019 Chevrolet Spark. The five-door minicar that could, the 2019 Spark is offered in a bevy of trim levels and bursts with personality. It’s a cheap car that doesn’t want to be lumped with other transportation appliances. It has its virtues, but also its compromises. Overall, we rate...
Categories: Property

Barratt London gets green light for 277 Homes in East Ham

Property Week News Feed - Tue, 10/16/2018 - 12:05
The London Borough of Newham has granted planning permission for Barratt London and East Ham Regeneration’s redevelopment of East Ham Market Hall.
Categories: Property

66 Hammersmith road redevelopment plans approved

Property Week News Feed - Tue, 10/16/2018 - 11:58
Quadrant Estates and Pirbright Holdings have secured planning permission to redevelop 66 Hammersmith Road, the site of the original Kensington Centre.
Categories: Property

McCarthy & Stone share price jumps on retirement home exemption

Property Week News Feed - Tue, 10/16/2018 - 11:29
Shares in McCarthy & Stone soared 6.36% on Tuesday morning to 135.2p after the government announced an exemption to zero rate ground rents for retirement housing providers.
Categories: Property

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