The legendary Mini was born in 1959. The British marque was bought by BMW in 2001 and reinvented for the 21st century. The third generation, introduced in 2014, has just had a modest facelift.
German automakers Daimler and BMW have agreed to merge their transportation services businesses. The move will expand their offerings in car sharing, ride-hailing apps and systems for parking and charging electric cars.
German premium carmaker BMW has said it's investing heavily in the development of new electric cars. Research and development spending on e-mobility was set to reach an all-time high this year, the company reported.
Despite the endless media coverage and fevered political rhetoric, no one yet knows for sure what is ultimately going to happen with Brexit. But should Germany really be scared of a messy outcome?
German carmaker BMW has fallen short of analysts' expectations as massive spending on future technologies has weighed on quarterly earnings. The company said it would not deviate from its long-term strategy.
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