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Auto blog
Husqvarna sold to KTM CEO Stefan Pierer
Fri, 01 Feb 2013A couple of days ago the UK's Motorcycle News reported that BMW was in the final stages of selling Husqvarna to KTM, with a deal potentially confirmed as soon as this week. Following that came reports that Husqvarna Motorcycles wasn't sold to KTM but to a Pierer Industries, the company owned by KTM CEO Stefan Pierer. Turns out the advance report was true, as was the follow-up: BMW has just announced a "strategic realignment" of its Motorrad division, explaining that it sold Husqvarna to Pierer Industries in order to focus on the urban and e-mobility segments. Husqvarna's off-road machines, obviously, don't fit into those categories.
BMW bought the Italian-based bike maker with centuries-old Swedish roots in 2007 - the rest of the Husqvarna company remains based in Sweden - and has invested huge sums to integrate the smaller company into the larger parent. Six years later, just when dividends should begin to truly pay off, the brand is sold.
Before BMW made its announcement, one of the theories that forum members put forward for Pierer's interest in purchasing Husqvarna was that he wants his own business to run his own way. The parent company of KTM, Cross Industries, is 47.27-percent owned by India's Bajaj Automotive, with Pierer the majority shareholder, and is on a quest for global growth, taking the fight to BMW in Europe and launching new bikes and technology into the Indian market. Compared to BMW's and KTM's 2012 sales of around 100,000 bikes each in 2012, Husqvarna sold 10,751 bikes, which was a 15.7-percent increase over the previous year. Pierer would have a lot more freedom in the running of a company of that size.
BMW offers M Performance Power Kit for 2012 335i sedan
Thu, 28 Mar 2013BMW has let loose a new M Performance Power Kit for its F30-generation 335i and 335i xDrive sedans. Starting at $1,100 for the kit - installation is extra - your car will be fitted with a new ECU and air intake on the functional side and an M Performance engine cover and rocker panel stickers on the decorative side. The Power Kit raises the 3.0-liter inline six-cylinder's horsepower rating from 300 to 320, and on automatic models, torque gets a boost from 300 pound-feet to 332 lb-ft - manual transmission models get a smaller bump to 317 lb-ft.
According to the Bavarian automaker, you'll be able to hear the change in the overrun exhaust note, and 0-60 mile-per-hour times drop by 0.2 seconds. The package is available now at all BMW Centers in the US, and if you get it installed when you purchase the car new, it will get the same four-year, 50,000-mile warranty as the vehicle. Have it done after the fact and the kit will be warranted for two years and unlimited miles. There's a press release below with some more details.
BMW ready to bring more i3, i8 plug-ins to US
Thu, Oct 9 2014BMW has found a receptive audience for its first batches of plug-in vehicles in the good 'ole USA. The German automaker, which started selling its first mass-produced i plug-ins in Europe late last year, will send a higher percentage of those vehicles to the US because of strong demand here, according to Automotive News, which talked with BMW executive Ian Robertson. And the Americans might cause Bimmer to speed up production, to boot. BMW makes the i3 electric vehicle and i8 plug-in hybrid in Germany, and has sold about 10,000 units of the former and 280 of the latter worldwide. Since August, BMW has been selling about 1,000 i3s a month in the US (it sold just 58 i8s in September). The bigger story, though, may be that Bimmer has sold out of its US allocation of i8s through the end of next year. Pretty heady stuff for a car that starts at around $137,000. Currently, BMW builds around 100 i-series vehicles a day in Germany, and may speed up production of the i8 for the aforementioned reason. As for the i3, which comes with an option of a gas-powered range extender, we'd reported earlier this year that the waitlist for that model had grown to about six months. Our i3 First Drive report is here if you'd like to know what all the fuss is about.