BMW has set out a restructuring plan on Wednesday centred on AI, management cuts and two new model launches as the German luxury automaker seeks to restore investor confidence after a string of profit warnings and a deep slump in its share price. As Europe’s car industry struggles with weak demand, Chinese competition and US…
Software developed at the BMW IT Hub South Africa goes live in more than 40 countries. BMW Group’s City of Tshwane-based technology solutions unit, the BMW IT Hub South Africa, will contribute more than R4 billion to South Africa’s economy in 2026. So said Jan Lotter, GM for customer brand sales at BMW IT Hub…
Following a prototype showcase, BMW has fully revealed the all-new i3 electric vehicle. Departing significantly from the quirky 2013 hatchback, the new i3 is a sophisticated, sporty sedan built on the Neue Klasse platform. It aligns with the “Vision Neue Klasse” concept, offering a sleek alternative to the gas-powered 3 Series while ditching the controversial…
BMW Group South Africa CEO Peter van Binsbergen Car manufacturers in South Africa are finding it difficult to plan their production lines for future demand because government policy on new energy vehicles (NEVs) remains obscure. BMW Group South Africa CEO Peter van Binsbergen told journalists in Johannesburg on Wednesday that the company’s exports of NEVs…
In episode 2 of Watts & Wheels, Duncan McLeod and William Kelly dig deeper into the forces reshaping South Africa’s automotive industry – from the growing dominance of Chinese brands to how legacy manufacturers are fighting back. The show also looks at some of the most interesting new vehicles heading for local roads, and features…
South Africa’s automotive industry is in a state of flux. In this episode of the TechCentral Show, BMW Group South Africa CEO Peter van Binsbergen unpacks the challenges – and opportunities – facing a sector under pressure. He tells TechCentral editor Duncan McLeod about the future of BMW’s Rosslyn manufacturing plant in Pretoria, which was…
BMW Group South Africa CEO Peter van Binsbergen BMW Group South Africa CEO Peter van Binsbergen has cautioned that government’s slow pace in finalising an electric vehicle policy is putting the country’s automotive sector on the back foot just as export markets accelerate towards zero-emission mobility. Speaking on the TechCentral Show in an episode to…
BMW South Africa CEO Peter van Binsbergen South Africa and Europe should collaborate on building an alternative “value chain” for electric vehicle components such as batteries to reduce dependence on China, the CEO of BMW South Africa said, calling for a national-level strategy. South Africa, which accounts for 51% of Africa’s vehicle output, is seeking…
BMW has officially revealed the iX3, the first vehicle built on its next-generation electric platform, “Neue Klasse.” Debuting at the Munich auto show, the iX3 is a major step in the automaker’s push to reinvent itself as a software-focused company and challenge the dominance of Chinese EV manufacturers. The iX3 is just the beginning, with…
