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BMW 335d and X5 xDrive35d Pricing Announced

The era of BMW Advanced Diesel with BluePerformance begins

Woodcliff Lake, NJ - BMW of North America, LLC today announced pricing of the 335d Sedan and X5 xDrive35d Sports Activity Vehicle, the first two BMW Advanced Diesels with BluePerformance. The 335d Sedan will have an MSRP of $44,725, including destination and handling. The X5 xDrive35d SAV will have an MSRP of $52,025, also including destination and handling. BMW Advanced Diesel with BluePerformance represents an important new phase in BMW's EfficientDynamics initiative in the US.

"This is an important launch for BMW," said Jim O'Donnell, President of BMW of North America, LLC. "Both of these vehicles have outstanding fuel efficiency while offering performance that delivers on the promise of the Ultimate Driving Machine. With up to nearly 600 miles of range, these BMW Advanced Diesels will be perfect for the way Americans drive."

Both BMW Advanced Diesels will be eligible for the IRS Alternative Motor Vehicle Credit. Purchasers of the 335d will qualify for a maximum tax credit of $900 while purchasers of the X5 xDrive35d will qualify for a maximum tax credit of $1,550.

The production versions of the BMW... [Read More]

BMW and SIRIUS XM Radio Extend Relationship

BMW will continue to offer SIRIUS as a factory option with a one-year bundled subscription

Woodcliff Lake, NJ - BMW has extended its relationship with SIRIUS XM Radio (NASDAQ: SIRI) through September of 2011.

"Satellite radio's exceptional content fits well with BMW, delivering a premium mobility experience to our owners. More and more BMW owners are choosing to equip their vehicles with SIRIUS and we are pleased to continue making it available to current and future BMW owners," said Jack Pitney, Vice-President of Marketing for BMW of North America.

"BMW provides their customers with a superb driving experience and our commercial-free music and great sports, talk and news programming affords BMW owners the best in-vehicle entertainment anywhere," said Mel Karmazin, CEO of SIRIUS XM Radio. "We are very pleased to continue to extend our partnership with BMW."

SIRIUS satellite radio is available as an option on all BMW vehicles with a one-year bundled subscription included in the price of the vehicle. For more information on SIRIUS, please visit http://www.sirius.com.

About SIRIUS XM Radio
SIRIUS XM Radio is America's satellite radio... [Read More]

BMW 3 Series Voted most Reliable Car in the UK

BMW's biggest selling model range, the 3 Series, has been voted the most reliable car in a survey of Britain's vehicle leasing companies. The poll, which covered the reliability history of nearly 900,000 vehicles in 2008, also revealed that BMW was the most reliable manufacturer overall.

In an historic win over the Japanese car manufacturers who traditionally dominate in reliability surveys, BMW topped the charts in this year's annual FN50 reliability survey. The BMW 3 Series was the most rated model for reliability, with the MINI hatch and BMW 1 Series also making the top ten, sitting fifth and seventh most reliable respectively.

The survey compiled by Fleet News looked at multi-marque leasing companies. 881,000 cars were assessed according to the number of breakdowns per 100 of each type of model on each leasing company's fleet. Points were then awarded according to the number of times that brands or particular models appeared in the tables supplied by the leasing firms and also for the position in which they were placed.

BMW honored for EfficientDynamics
News of BMW's success in the FN50 reliability survey comes swiftly after the marque won a trio of important environmental awards in recognition of... [Read More]

BMW SAUBER F1 TEAM - 2008 SEASON REVIEW

Mission accomplished

Munich /Hinwil - In a Formula One season full of surprises, the BMW Sauber F1 Team was a model of consistency. As if setting out to reinforce the popular stereotypes of German thoroughness and Swiss precision, the young team swept through 2008 without a single technical retirement and notched up by far the most race laps and fastest pit stops of any team.

The BMW Sauber F1.08 racers were not only reliable, they also proved their mettle in performance terms. The highlights of the season were the one-two finish in Canada when Robert Kubica took the checkered flag ahead of team-mate Nick Heidfeld a year after crashing heavily at the Montreal track, Kubica's pole position in Bahrain and two fastest race laps courtesy of Heidfeld (Malaysia and Germany). Together, the BMW Sauber F1 Team drivers collected eleven podium trophies in what was the team's third season on the grid – up from two in 2007.

Here, BMW Motorsport Director Mario Theissen, Technical Director Willy Rampf, Robert Kubica and Nick Heidfeld look back on 2008.

Mario Theissen gave a positive verdict on the season: "We are proud of our successful season and we have once again achieved our... [Read More]

HIGHEST LEVEL OF CUSTOMER SATISFACTION: BMW 5 SERIES AND MINI COOPER RANKED MOST APPEALING IN THEIR SEGMENTS IN THE J.D. POWER AND ASSOCIATES 'APEAL' STUDY

Munich - BMW and MINI brand models stand for boundless driving pleasure and high level of customer satisfaction worldwide. During the course of the Mondial de l'Automobile 2008 in Paris (4th - 19th October, 2008), the BMW Group has received two awards. The BMW 5 Series and the MINI Cooper have been honored by J.D. Power and Associates as Most Appealing Midsized Premium Car and Most Appealing Compact Car in the Automotive Performance, Execution and Layout Study (APEAL), which determines the degree of satisfaction of customers purchasing new cars in North America.
With these awards the BMW Group continues to strengthen its track record gained in the representative study of customers. Also in Europe, current BMW Group models ranked highest in their segments in the latest customer satisfaction studies carried by J.D. Power and Associates. In Germany and France in particular, highest rankings were awarded in 2008 in the Customer Satisfaction Index (CSI). In both countries the BMW 5 Series was ranked highest in customer satisfaction of all models in the executive luxury car segment. An additional ranking in the J.D. Power and Associates Study carried out on the German market went to the BMW X3, which managed to rank highest in customer satisfaction in the SUV segment.

In France, BMW received not only the segment ranking in the BMW 5 Series segment, but... [Read More]

BMW GROUP - QUARTERLY REPORT (Q3) TO SEPTEMBER 30, 2008

Market Climate Significantly Deteriorated

Munich - The knock-on effects of the international financial crisis and a downturn in the global economy had a significant negative impact on the performance of the automobile industry in the third quarter. Ongoing consumer reticence on the main sales markets, the weak state of the pre-owned car markets together with difficult refinancing conditions also took their toll on the BMW Group, resulting in a perceptible drop in revenues and earnings.

Group revenues for the quarter were down by 8.6% to euro 12,588 million (third quarter 2007: euro 13,778 million). The profit before financial result (EBIT) fell by 60.2% to euro 387 million (third quarter 2007: euro 973 million) reflecting the significant impact of adverse external factors. The pre-tax profit, at euro 279 million (third quarter 2007: euro 765 million), was down by 63.5%. The profit after tax decreased by 62.9% to euro 298 million (third quarter 2007: euro 803 million).

Higher expense for residual value and bad debt risk provision
Nine-month revenues increased marginally to euro 40,425 million (first nine months 2007: euro 40,412 million). EBIT amounted to euro 1,639 million (first... [Read More]