Archive for the ‘BMW’ Category
Early in January, the final sales numbers for 2012 came out, and the results showed that BMW had the highest sales in the luxury automotive sector. However, Mercedes recently argued that their numbers actually put the brand ahead of BMW.
According to Bloomberg Businessweek, Mercedes was actually in the lead right up until the end of 2012, when BMW got a 45 percent sales boost in November, narrowing the gap between the two German automakers' numbers. By the end of the year, BMW climbed just a bit higher than Mercedes, selling 347,583 vehicles over the year including MINI sales. Mercedes' tally came in at 305,072 units in the U.S., The New York Times reports.
When looking at new vehicle registrations, however, Mercedes-Benz claims it has earned the title of best-selling luxury nameplate in the U.S., AutoBlog indicates. Registration data provided by Polk shows that Mercedes posted 274,123 registrations, while there were only 268,498 BMW registrations in 2012. Steve Cannon, chief of Mercedes-Benz North America, explained at a monthly Motor Press Association meeting that the discrepancies between the sales and registration numbers are vastly different for the two companies – Mercedes' numbers were only off by 11, while BMW's numbers were separated by about 13,000.
Official data has not yet been released, so the jury is still out about which of these two luxury car providers is the real top dog of 2012.
While the automakers duke it out, drivers looking to get behind the wheel of used cars can head over to New Jersey State Auto Auction to find the luxury ride they've been dreaming of. The dealership has a wide selection of makes and models, whether drivers are looking for a BMW 3 Series or they would prefer a Mercedes SUV.
With a constant flow of new technology emerging on the market, it can be challenging to keep up with everything, especially when it comes to automotive advancements. That is why BMW will soon be offering a new service to help drivers get a better grasp on their options. The program, known as "BMW Genius Everywhere," is modeled after the Genius Bar featured in Apple stores where customers can go to learn how to use their iPhones, iPads and other devices. According to Advertisement Age, the BMW Geniuses will even use iPads to help showcase the technology and features of the German automaker's lineup.
BMW first launched the program in the U.K., and upon seeing successful results, made plans to expand the service to Europe and the U.S. by early 2014. BMW Geniuses will not be responsible for selling cars or convincing shoppers to buy, according to AutoBlog. They will simply be on hand to help customers learn more about features and options that come with the various BMW cars and SUVs.
The BMW Genius Everywhere is expected to launch around the same time as the automaker debuts the hotly anticipated electric i3, Cars.com reports.
The German automaker is not the first brand to offer such services, as Cadillac and Lexus have similar programs, and Ford helps customers learn more about its products with the help of the MyFord Touch systems.
Car shoppers may be able to utilize these services to learn more about companies and the latest technologies, even if they are planning to buy used cars. Once they have conducted their research and are ready to begin test driving models, they can head to NJ State Auto Auction to check out the wide selection of makes and models.
Luxury automaker BMW recently announced a recall on a number of its models for an issue that could cause them to stall. According to USA Today, the recall affects 570,000 vehicles in the U.S. and Canada – roughly 505,000 of which are located in the States. The 3-Series sedans, wagons, convertibles and coupes from the 2007 through 2011 model years make up the majority of the affected vehicles (about 297,000 units), but the recall also includes 1-Series coupes and convertibles made between 2008 and 2012 as well as Z4 models made between 2009 and 2011.
According to the manufacturer's notification to the U.S. National Highway Traffic Safety Administration, the power supply system in the affected vehicles relies on a positive battery cable that runs from the trunk to the fuse box. This setup is susceptible to early wear that degrades the tin-coated connectors, which could break the electrical connection and make it impossible to start the vehicle. Car owners may notice their instrument cluster displays flickering, and in some cases, the issue could lead to a breakdown while a vehicle is in use.
BMW reported there has been one known accident that occurred due to this issue in Canada, but no injuries resulted from the crash. Beginning in March, the automaker will begin contacting owners of affected models and replacing the connector cord free of charge.
Those interested in purchasing a used BMW should be sure the recall has been addressed before they buy. The same goes for all used cars, and shoppers can research recalls on the models they want before visiting dealerships. New Jersey State Auto Auction also provides CARFAX vehicle history reports with every model on the lot, which will include repair information so drivers will be able to know if recalls have been handled before they get behind the wheel.
Every year, Consumer Reports looks at drivers’ perception of the various car brands, and then ranks them from best to worst. The most recent report looks at data collected over the past year concerning consumers’ opinions on seven categories for each brand – quality, safety, value, performance, technology/innovation, environmentally-friendly/green and design/style. Toyota, Ford and Honda were ranked the highest in terms of customer satisfaction. Toyota and Honda both saw improvements over last year’s scores, while Ford’s high score remained unchanged. Other brands did not fare as well. Scion, Mitsubishi and Ram were at the bottom of the barrel with the worst overall scores.
“This past year brought stability and increased sales to much of the automotive industry. Yet, the brand awareness scores for some like BMW, Buick and Hyundai have declined,” said Jeff Bartlett, deputy auto editor online for Consumer Reports. “The data shows that is has become harder for companies to compete for share of mind. Consumers are not seeing as much differentiation between brands as they have in the past.”
It is important to note that this ranking is not demonstrative of the actual quality and level of safety of cars. Rather, it reflects how drivers feel about the vehicles they own and have driven. The report can prove to be a useful tool for car shoppers, as it may help them decide between two vehicles, if one brand was ranked well below another.
However, a brand that ranks lower on this list does not necessarily produce low-quality vehicles. A car that was not right for some may still be a perfect fit for you. You can find a wide selection of makes and models at NJ State Auto Auction. No matter which brand you prefer, you can drive off the lot with confidence, as every model is CARFAX certified.
The United States is replete with scenic roads, but sometimes motorists may not know which routes to take. BMW is looking to change all that as it recently launched a free iPhone app that will allow drivers to share and rate some of the most picturesque stretches of road the country has to offer, according to Reuters.
Dubbed The Ultimate Drive, the app provides drivers with a number of features. In addition to giving them the option to share a drive of their own, it also gives them the opportunity to find paths in certain locations. Since it launched last week, BMW says that 600 routes have been added.
"There are plenty of sites that will show you the top roads to drive", Pawan Murthy, of BMW Group Financial Services, told the news source. "The roads that are filtering up [in the app] include others that very few people have ever heard of, and that's what makes it so exciting."
Motorists looking to get in a used car to check out some of the best roads may want to look to New Jersey Auto Auction, which offers plenty of makes and models at affordable prices.
For months there had been speculation as to the new 2012 BMW M5, but the rumors and posturing is over. The company recently unveiled the details for its latest model and according to motorauthority.com, it is quite a sight to behold.
Among the most impressive features in the new model is its powerful V-8 engine, which offers an aggressive 560 horsepower. Thanks to its engine, the 2012 M5 can accelerate to 60 miles per hour in just 4.4 seconds, and 124 miles per hour in 13 seconds, all while enjoying an economic 23.7 miles per gallon.
The news source reports that the interior of the car is almost as impressive as its powerful engine. The M5 features luxurious leather upholstery complete with a classy leather-trimmed center console and an aluminum interior trim. The car also includes a number of optional upgrades to take it to the next level, including a glass roof and multifunction seats.
Drivers looking to slip into a classy used BMW will want to check out New Jersey Auto Auction, which offers quality pre-owned vehicles at an affordable price.
BMW was able to top other luxury automakers in May, improving on its sales totals year-on-year and widening its lead for 2011.
The German automaker has found itself atop the luxury segment after Lexus' fall from grace toward the end of 2010. Since then, it's been all Germany, as BMW and Mercedes-Benz have been neck-and-neck for the sales lead.
"BMW and Mercedes-Benz clearly will be on a photo finish for the rest of the year," Jesse Toprak of TrueCar told Bloomberg. "Lexus, for the first time in many years, is clearly out of the running for the top spot."
May could prove to be a critical month for BMW, as it allowed the automaker to extend its lead over its close rival Mercedes. BMW sold 20,651 vehicles in May, a 16 percent increase over the previous year. That brought the automaker's year-to-date total up to 92,068, just beating Mercedes at 90,274 and trouncing former leader Lexus at 77,237.
Big sellers for BMW include the company's lineup of SUVs as well as the 5-Series sedan.
BMW has recently overhauled its sedan lineup, with redesigns to the 5-Series and 7-Series being generally well-received. However, the aging 3-Series has been in need of a change for some time, and it appears that update will be sooner rather than later.
According to a report from BMW Blog, the German automaker plans to end production of the current 3-Series in October, in preparation for a Spring 2012 launch of the new sedan. The report hasn't yet seen an official comment from BMW, but all signs point to it being true. Spy shots have already captured several test models of the new 3-Series, and the spring launch window would give BMW a chance to debut the model at the Frankfurt Auto Show on its home turf.
In addition, the automaker tends to overhaul its models seven years after their introduction, with rare exceptions – and the current generation of the 3-Series turns seven next spring.
Drivers interested in purchasing a BMW 3-Series may want to hold off for the time being, as it appears the next model is just over the horizon. On the other hand, the introduction of a new generation always leads to an influx of used BMWs, where smart shoppers can score some great savings if they don't mind a few clicks on the odometer.
BMW North America CEO Jim O'Donnell has admitted that he's "disappointed" in the slow-selling 5-Series GT, which was designed as a replacement for the company's 5-Series station wagon.
In comments to Automotive News, O'Donnell said that the new version of the 5-Series has not attracted the customer that the company hoped. Designed to resemble a cross between a coupe and a large hatchback, the polarizing styling has put off some drivers, something that has hurt the automaker's sales.
"The disappointment I have is that I thought a lot of our 5-Series station wagon customers would go with the GT," O'Donnell told the news source. "In point of fact, that is not happening. We have lost those customers to the competition – mainly to Mercedes-Benz."
Besides the fact that the car isn't selling well, the sales that it is generating aren't necessarily good ones. O'Donnell commented that the GT was drawing a lot of buyers away from the 7-Series. The two vehicles are built on the same platform, but the GT is $13,000 cheaper while only adding a bit more bulk. That means the company is losing potential sales for the more expensive model.
It appears that the 5-Series GT will go the way of the dodo soon, but that doesn't necessarily mean it's a bad vehicle. Drivers who are interested in purchasing a used BMW may want to consider waiting for the GT to begin hitting the pre-owned market.
The National Highway Traffic Safety Administration has announced that it is expanding the investigation into used Mini Coopers, revealing that problems with the cars' power steering may extend to some 60,000 vehicles.
Mini Coopers from 2004 and 2005 are expected to be included in the probe, which was first launched in September of 2010. The organization was spurred to action after receiving more than 300 complaints about the loss of power steering on the cars, making them extremely difficult to control. BMW says it has received less than 200 complaints, although there have been 4,500 claims for power steering related issues on warranties.
According to the automaker, five accidents and three fires have been attributed to issues with the power steering, fortunately resulting in no serious injuries. The complaints aren't completely consistent – some say that the issue is permanent, while others say the loss is only temporary.
The models in question are currently undergoing engineering analysis by the NHTSA, which will determine if a full recall is necessary.
Drivers interested in purchasing a used vehicle should check the latest safety news to ensure that the model they are considering isn't involved in any serious recalls. Once they've decided on a car, New Jersey State Auto Auction can offer affordable prices and finance options.
Lexus has been at the top of the luxury sales chart in the U.S. for the past decade, but it looks like its reign has come to an end: BMW and Mercedes-Benz have officially passed the automaker on the sales charts.
The Japanese brand's fall from grace isn't a complete shock – analysts have been expecting this ever since BMW and Mercedes began to outsell the brand toward the end of last year. Yet it does serve to show just how much the luxury market has changed over the past few years, as high-end buyers begin to favor performance over reliability.
It doesn't help that Lexus has been hurt by the recent Japanese earthquake. The luxury brand's parent company, Toyota, makes many of its models overseas in the U.S. Yet all but one of Lexus' vehicles are made in Japan, creating a supply chain nightmare for the brand.
Still, BMW and Mercedes outsold Lexus long before the earthquake started. The fact that Lexus has fallen not one but two spots is all the more embarrassing. BMW is at the top, but it's by no means a dominant lead – it only holds a few hundred cars over Mercedes, which is several thousand ahead of Lexus.
Drivers in the market for any of these cars should check out New Jersey State Auto Auction. Luxury vehicles can cost a pretty penny new, but they frequently drop off in price when drivers decide to buy used.
Lexus has been the king of the luxury sales charts in the U.S. for the past five years, but it appears that 2011 could see a new leader when all is said and done.
Toyota's luxury brand seemed invincible at one point, but last year's recall scandal hurt the brand's image in the eyes of many consumers. It still wasn't enough to topple Lexus completely, but it did allow Mercedes-Benz and BMW to make a late charge at the end of the year.
That trend continued into 2011, and both of the German automakers have outsold Lexus thus far this year. What may seal Lexus' fate, however, is a circumstance entirely out of Toyota's control – the Japanese earthquake. Mercedes and BMW have been largely unaffected by the disaster, but Lexus has already told dealers to begin preparing for severe shortages over the next few months.
Essentially, this means that even if Lexus was selling well at the moment, it might not have enough supply to keep up with its German counterparts. These signs point to either BMW or Mercedes – or possibly both – surpassing Lexus before the year is done.
Drivers interested in a used BMW, Mercedes or Lexus may want to consider New Jersey State Auto Auction. These luxury vehicles can be a bit on the expensive side, but shopping the used car market can help drivers score a great deal.
BMW has revealed that its new 650i convertible will soon be followed by a hardtop version later this year.
The 650i convertible has already been unveiled, but those who don't like the feel of the wind in their hair (or the premium that they have to pay for the privilege) were likely disappointed that there was no mention of a hardtop option. Now, the German automaker has announced that the 650i coupe will be hitting showrooms this fall. The convertible model is slated for a late spring release, just in time for drivers to take full advantage of the car's strengths during the summer.
Both versions of the 650i will be using BMW's twin-turbocharged 4.4-liter V8, a monster of an engine that produces 400 horsepower and 450 lb-ft of torque. That kind of power means the cars can go from zero to 60 in less than 5 seconds – a time when drivers may appreciate the shelter of the coupe edition as opposed to the whipping wind felt in the convertible.
No official price point has been unveiled, but MotorTrend puts the ballpark figure at around $90,000. Those interested in the vehicle might want to wait for a price drop when the vehicle hits the used car market.
BMW had the best month among luxury automakers in terms of pure sales figures, but the real surprise was Cadillac, which was able to leapfrog both Lexus and Mercedes-Benz for the second-highest total in February.
Cadillac sold nearly 16,000 cars in February as its sales rose 70 percent from February 2010. BMW was still able to outsell the brand buy about 700 cars, with an 8.7 year-on-year increase. Mercedes came in third for the month with a 4 percent increase, while Lexus' sales remained even and kept it in fourth.
Although the massive sales spike was certainly welcome news for the Detroit automaker, analysts are hesitating before jumping on the General Motors bandwagon.
"GM offered aggressive incentives to employees and friends in February," Jesse Toprak of TrueCar told Bloomberg. "That helped GM and clearly helped Cadillac." Cadillac's incentives in February averaged out to nearly $5,000 per vehicle.
Drivers interested in a luxury car or any other vehicle may want to visit New Jersey State Auto Auction. High-end vehicles are typically pricey when bought new, so browsing through a wide range of used cars for sale can help buyers find the perfect car at a more affordable price.
Luxury automaker BMW has announced that it will be launching a new sub-brand, BMW i, in order to market its upcoming slate of electric and hybrid vehicles.
Unlike other BMW-owned brands like Mini Cooper and Rolls Royce, BMW i will fully acknowledge the BMW name in advertising and marketing. However, BMW executive Ian Robertson says that the new venture will be "an independent brand, but committed to the BMW brand promise of joy through pure driving pleasure."
Initially, BMW i will feature two models, set to be launched in 2013. The i3 is a four-seat battery-powered car aimed at city dwellers. It seems as if nearly every manufacturer with a toe in eco-friendly technology is introducing some variant of these subcompacts, much in the style of the Chevrolet Volt or Nissan Leaf.
However, the new i8 promises to be something that hasn't been seen yet. This hybrid sports car will reportedly be able to go from zero to 60 in just five seconds, while still offering drivers all the fuel efficiency that comes with most subcompact vehicles. The company plans to add additional models over the next decade.
Every quarter, Kelley Blue Book, the company behind the popular used car pricing guide, surveys thousands of shoppers in the market for a new vehicle about what brands they are considering. This "most considered" list is used as a barometer for determining which brands are first and foremost in shoppers' minds.
This type of information is especially important in the luxury segment, which has heated up as of late as three brands – BMW, Mercedes-Benz and Lexus – all compete to be the brand with the most sales for 2010 in North America. The results were largely in line with recent sales figures. BMW placed first, which might be an explanation for its recent surge in sales. It was followed closely by Lexus, Audi, Acura and Mercedes-Benz. The company pointed out that while Mercedes was fifth overall, it held the top rank in a number of a factors
that drivers cited as important, such as prestige, family friendliness, safety and interior design.
The rankings got shaken up a little bit when the group turned its attention to the luxury crossover/SUV market, a quickly growing segment. Lexus held onto the top spot in this category, followed by Acura, Cadillac, Lincoln and BMW. This suggests that the domestic luxury brands aren't appealing to buyers in the market for a coupe or sedan, but still make their way onto buyers' shopping lists for larger vehicles.
The year-long battle between North America's top luxury brands has been intense, with three separate companies – Lexus, Mercedes-Benz and BMW – all having a chance at claiming the crown. Though Lexus holds the lead going into December, all three have a chance at coming out on top.
Lexus has been the top-selling brand on the continent for the past 10 years, but has seen its dominance challenged in 2010 thanks to a wave of recalls by parent company Toyota. That gave both Mercedes-Benz and BMW a chance to knock the Japanese nameplate off its throne.
Bloomberg previously reported that the battle was down to Mercedes and Lexus, but a strong showing by BMW in November has made it a three-horse race. Lexus has the lead with 201,769 vehicles shipped, while the German brands are neck-and-neck at 196,833 for BMW and 196,288 for Mercedes.
BMW improved its sales by 30 percent year-on-year in November, compared to an 8.4 percent rise for Mercedes and a 1.4 percent drop for Lexus.
Despite the recent drop-off for Lexus, BMW U.S. unit chief Jim O'Donnell told the news source that Lexus would likely walk away with the crown thanks to December incentive programs that will drive sales. Mercedes and BMW, meanwhile, have backed off of incentive programs.
"Next year, I would like to think we may have a go at them," he said.
When buying a new or used vehicle, owners must factor the model's resale value into consideration. Most drivers don't aim to run their car into the ground until it can't function anymore, instead opting to trade in their vehicle when it's time for a new purchase.
That's why resale value is so important. According to Kelley Blue Book (KBB), a pricing guide for used cars, a $25,000 car with great resale value will actually save a driver money over a $20,000 model with poor resale value, given a 3-year ownership period.
KBB recently named its 2011 Best Resale Value Awards, a yearly distinction given to the models and brands that are expected to hold their value for the longest amount of time. The company named the top 10 vehicles as well as some winners within their segment.
Despite the appearance of perennial best-sellers like Toyota and Honda on KBB's list, the consumer guide went in a different direction in naming the brand of the year. With a massive improvement over years past, Subaru took home the title as the brand with the best resale value. The guide noted that buyers are beginning to take notice of the company's recent efforts to improve its vehicles.
The luxury brand of the year was BMW, with both the BMW X5 and X6 luxury crossovers singled out on the top 10 list as being especially valuable. BMW vehicles tend to have the latest technology and timeless styling, and always command a high price tag simply due to the prestige associated with the name.
Yet BMW was unable to take home the title for luxury car with the best resale value. That went to the Audi A5, which KBB described as having "perfect form." The A5 was the only entry for Audi, although Volkswagen, which owns the German luxury brand, was honored as the best alternative energy car for its Golf TDI Hybrid.
Overcoming its safety-related issues from earlier this year, Toyota was able to post two vehicles in the top 10 in addition to two more from the Lexus nameplate. The FJ Cruiser off-road SUV and Tacoma pickup were honored for the main brand, while the RX and GX SUVs were named for Lexus. The Toyota Sienna, while not named one of the top 10 vehicles, was named the best minivan.
Ford didn't have a vehicle on the overall list, but was able to come out on top in two segments. The best-selling F-Series pickup truck was singled out in the full-size pickup class, while the Mustang was picked as the high-performance car with the best resale value.
Finally, it wouldn't be a discussion of resale value without a mention of Honda. The Japanese automaker just had one car on the best overall list in the form of the new CR-V, but the Accord and Fit won the mid-size and subcompact segments, respectively.