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BMW turns to wind power for its plants


BMW will harness winds to secure power and defend profits as costs rise due to Germany's 550 billion euro plan to quit nuclear energy. Four wind turbine towers will soon supply almost a quarter of the power used at BMW's Leipzig plant, where the automaker builds the X1 SUV and soon the i3, its first electric car. Daimler and Volkswagen are also ...
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More germany auto industry articles

Opel’s Bochum plant to be closed in 2016
Opel told its 3,000 employees from the Bochum plant in Germany that it has no alternative but to end vehicle production in 2016. Despite the carmaker's efforts to rescue car manufacturing ...
Plastic Omnium to stop making bumpers in Germany
French plastic processing company Plastic Omnium announced it will cut output in Germany by halting the production of auto bumpers. Plastic Omnium blames the shrinking car market in Europe and also ...
Opel won’t make similar cuts in Europe as Ford, union boss says
General Motors' European unit Opel will not see more severe downsizing than Ford's restructuring measures in Europe, Opel top labour leader said. Ford decided to close three factories and cut 5,700 ...
Mercedes-Benz to reduce S-Class production because of lower demand
Daimler AG will build less Mercedes S-Class sedans until the next generation model will debut in 2013. The luxury automaker will move to a one shift operation at the Sindelfingen plant ...
Daimler Trucks reports increased orders, sales
Between January and November 2011 Daimler Trucks received 420,000 orders, a 26 percent increase from the same period last year, as well as the best new order figure since 2007. Sales ...
China may overtake Germany as world’s largest luxury car market this year
China may overtake Germany to claim second spot in the ranking of the world’s largest luxury car markets this year. Currently, the world's largest market for luxury cars is the United ...
Report: Opel to cut hundreds of jobs in Germany
General Motors' European subsidiary is planning to cut hundreds of jobs in product engineering in Germany, Automotive News Europe announces. The cuts are requested by GM, which is increasingly pressuring Opel ...
German car market won’t grow in 2012, industry association says
The German auto-industry association VDA today said Europe's largest car market won't grow next year due to Europe's sovereign debt crisis. VDA (Verband des Automobil Industrie) expects 2012 sales to remain ...
2011 to be a record year for German carmakers, industry group says
German carmakers will have a record year with sales clearly higher than last year, Germany's Bild newspaper reported, citing Matthias Wissmann, chairman of the German carmakers’ association - the VDA. Wissman ...

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GM Stock Surpasses 2010 IPO Price
Today, May 17th, GM’s shares surpassed the offering price from the 2010 IPO, which means that the US Treasury will ...
PSA Workers at Aulnay Plant End Four-Month Strike
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VW April Sales Up 7%
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Tesla Plans to Repay Energy Department Loan
Tesla plans to raise $1.08 billion to build cash reserves and repay the loan offered by the Energy Department. CEO Elon ...
Michelin Comes With New Agreement for Its French Plants
Michelin plans to implement new rules at its facilities in France, aimed at adjusting capacity and avoiding lay offs, as ...
George Michael Involved in Car Crash in England
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Sale of the Nurburgring Race Track Began This Week
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Fiat Does Not Plan to Move Headquarters to the US
Fiat CEO Sergio Marchionne said that the company does not plan to move its headquarters to the US. "This issue, treated ...
Ferrari joins Lotus in tyre tweak criticism
May 17 (GMM/Inautonews.com) Ferrari has joined Lotus in criticising Pirelli's mid-season tyre tweak. Following early-season criticism, culminating in the furore ...
Ram Plans to Boost Heavy-Duty Pickup Sales and Dealerships in the US
Chrysler’s Ram director Bob Hegbloom said that the automaker will boost commercial van and heavy-duty pickup sales to government fleets ...
[VIDEO] Renault Twizy F1 Concept beats two Megane RS in drag race
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