The BMW Group announced its third quarter earnings before tax (EBT) margin came in at 10.6 percent, down 0.4 percent from the preceding quarter; however, the numbers were dragged down by its Motorrad motorcycle business. The company’s 4-wheeler automotive segment – the segment were are interested in - recorded an EBT margin of 9.8 percent, up 0.6 percent from the previous quarter, and 0.9% higher than the same quarter last year. The increase in profit came despite a marginal 0.6 percent drop in

Edgy and in-your-face, the 2023 BMW iX is as much about making a statement as it is about being a EV powerhouse and engaging SUV to drive. Since its formal introduction in Malaysia in 2021, the BMW iX has taken the EV market by storm, offering customers a solid entry point to EV ownership given it’s overall luxury, practicality, driving range and efficiency. Also read: Review: BMW iX xDrive40 Sport - Brilliant to drive, shame about the looks Additionally, with three variants on offer, and prices

BMW i5 to launch in end-2023, with wagon variant too BMW Group is well ahead of its CO2 reduction, says it is more resillient than BEV-only start-ups from USA (Tesla?) and Asia Hydrogen FCEV tech is further behind BEV, but first hydrogen model could join Neue Klasse xEV range in 2026 – BEV and FCEV to be two feet for BMW’s future After doubling its global sales of battery EV (BEV) models to over 215,000 units last year, the BMW Group expects BEVs to contribute 15 percent of its total group-wide

BMW Group Malaysia ended 2022 with 14,466 vehicles delivered, including 1,233 MINI cars and 1,378 BMW Motorrad bikes. Managing Director Hans de Visser said the figures has kept BMW Group Malaysia ahead as Malaysia’s No.1 premium automotive company, for the third time in a row, now with a market share of over 50 percent. For its namesake BMW brand vehicles alone, the company has delivered 11,855 vehicles, up 37.8 percent from the year before, giving it a 45 percent market share. “Of course the re

Following yesterday’s Budget 2022 announcement by Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz that import, excise, and road tax will be waived for all electric vehicles, we now have further details regarding the tax exemption period. The tax exemption applies only to battery electric vehicles (BEVs) like a Nissan Leaf, MINI Electric, BMW iX, or a Tesla. Regular hybrid electric (HEV) models like a Toyota Corolla Cross Hybrid or plug-in electric models like a BMW 330e don’t qualify. As ex

Following Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz's announcement in Budget 2022 that battery electric vehicles (BEVs) will be exempted from import, excise, and even road tax, the Managing Director of BMW Malaysia, Hans de Visser has released the following statement to the press: The announcements made at Budget 2022 marked a welcome step towards electrified mobility – one that has long been in the making for Malaysia. The government’s motion to further incentivise and support the de