More carmakers caught in headlights of VW engine-rigging scandal

More carmakers caught in headlights of VW engine-rigging scandal
Volkswagen has admitted it installed illegal software into 11 million 2.0 liter and 3.0 liter diesel engines worldwide (AFP Photo/Josh Edelson)

Volkswagen emissions scandal

Missing MH370 likely to have disintegrated mid-flight: experts

Missing MH370 likely to have disintegrated mid-flight: experts
A Malaysia Airlines Boeing 777 commercial jet.

QZ8501 (AirAsia)

Leaders see horror of French Alps crash as probe gathers pace

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …

Tuesday, October 15, 2013

BMW Mulls Boosting Electric-Car Capacity on Early Demand

Jakarta Globe – Bloomberg, Christoph Rauwald, October 15, 2013

Sporty, chic and futuristic: the i3 tanks up

BMW, the world’s biggest maker of luxury vehicles, will have to increase investment in electric-car production if demand for the new i3 model continues in line with initial orders.

Customers have reserved more than 8,000 of the battery-powered i3, which will cost $41,350 in the US, even before the car hits showrooms in Europe next month, Chief Financial Officer Friedrich Eichiner said yesterday in Amsterdam.

BMW expects to sell more than 10,000 of the four-person car next year and “will adjust capacity according to demand,” he said at a press conference. “If demand holds, which is what it’s looking like, we will soon have to invest more.”

The maker of BMW, Mini and Rolls-Royce vehicles is upgrading its lineup with the i3, the new 4-Series coupe and a revamp of the X5 sport-utility vehicle to maintain its sales lead over Volkswagen’s Audi and Daimler’s Mercedes-Benz. Both competitors have vowed to surpass Munich-based BMW in deliveries by the end of the decade.

The i3 will go on sale in Germany for 34,950 euros ($47,440) on Nov. 16, followed by the US, China and Japan in the first half of next year. The model made its public debut July 29 at simultaneous events in New York, London and Beijing. The push to sell the electric car and recoup investments in the technology underpinning the vehicle include an international print, TV and Internet advertising campaign.

Margin Targets

The spending on development of new models and expanding production capacity caused the operating profit margin at BMW’s auto division to narrow to 9.6 percent in the second quarter from 11.6 percent a year earlier.

“We’ll have to work very hard to keep profitability within our target corridor” of 8 percent to 10 percent in the coming years because of large investments required to meet stricter emissions regulations and the weak car market in Europe, Eichiner said yesterday.

Sales gains in China and the US have helped BMW cushion the effects of the sovereign-debt crisis on Europe’s car market, which is sliding to a 20-year low. BMW, which doesn’t anticipate a recovery in demand in its home region before the second half of 2014, expects deliveries to rise this year for its third straight annual sales record.

“Demand in China and North America continues to be strong,” Eichiner said. “It makes sense for us to think about expanding production capacity in North America,” with the U.S. and Mexico both options, he said.

The rollout of the i3 will go ahead as planned next month and won’t be impacted by issues that typically affect the ramp up of a new model, he said. The executive was responding to a report by Wirtschaftswoche over the weekend that problems bonding carbon-fiber components for the car led to a 10-day production halt.

Bloomberg
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