The X Factor – Next Generation BMW X3 to Help Quench Dealers – Automotive News TV / CAR NEWS CHANEL

The X Factor welcome in on this Monday face with slumping u. s. car sales and dealers demanding fresh productBMW rolled out a new version of an existing model todayBanking on its success to help power the company’s revivalBMW debuting a redesigned 2018 x3 compact crossover at the company’s massive SpartanburgSouth Carolina plant the updated model will be built on a new architecture and offer an EMperformance model for the first time the x3 sunveiling came in conjunction with the celebration of the 25th anniversary of theAnnouncement of BMWs intention to build a plant in Spartanburg it is BMWs biggest factory in the worldEmploying about nine thousand peoplethe site builds the x3 x4 x5 x6and starting next year thex7 large crossoverBMW CEO Harold Kruger says the company will make a major investment in the plant and add jobsaltogetherThe BMW Group has invested eight billion u. s. . Dollars into plant Spartanburg to date andLadies and gentlemen. I’m delighted to sayWe are investing the furtherSix hundred million u. s. . Dollars in our manufacturing infrastructure up to 2021The introduction of the redesigned x3 is just one move BMW is making to reverseerosion of its US sales which have fallen from a record high in2015 two losses in 15 of the past 18 months losing its luxury mark crown in the processBMWs new US chief Bernard cunt is tasked with taking the brand to the next levelKelley Blue Book’s studies show while BMW is attracting shoppers to showrooms the brand isn’tConverting as many of those shopper to buyers as it shouldit is the last week of June and that means we’ve almost reached the halfway mark of the2017 sales year our senior correspondentJesse Snider is keeping an eye on the hottest US sales races and today we look at passenger carsthe real question is can the toyota camry continue to be America’s best-selling car andthe problem forToyota is that the Camry has a complete new model coming out and it’s coming out in mid-year andIf they bobble that if they don’t have enough of the of the new Camry in timeIt could fall off the perch and as you can see the Toyota Corollaand the new Honda Civic are hot on the Camrys heels as Jesse points out aCamry slip would not be a total tragedy for ToyotaThat’s because the Camry spot could be overtaken by a sister model instead of a competing nameplatesBack to the Camry for a moment it took the top spot in the annual cars. comAmerican-made index or am I in?2016 but that wasn’t the case in2017 one big reasoncars. com this year revamp the index to de-emphasizeoverall salesInstead the 2017 Amianalyzes factors including vehicles assembled in the US with high domestic parts contentPredominant u. s. sourcing for engines and transmissions and high USmanufacturing jobs supported per vehicle at the top of the list the Jeep Wrangler Wrangler Unlimitedfollowed by the Jeep Cherokee Ford Taurus Honda Ridgeline and Acura RDXAlphabet self-driving vehicle unit way moe has reached a deal withRental car giant Avis to manage way Moe’s fleet of autonomous vehiclesbloomberg reports Avis will service in-store way most chrysler pacifica minivans in phoenixThat’s where way mo is testing a rye hailing service with volunteer members of the publicAvis gives way Moe a potential asset that rivals such as uber already have and that is a network ofTraditional cars and customers that could be transformed into an autonomous transport service over timeTo industry veterans are teaming to help guide automotive startupsAnd the investors funding themLongtime advisor Marianne Keller an auto retailing expert Glen Mercer say they’ll counsel startups on the quotenuts and bolts of auto industry operations andFinally we’re getting an inside look at the 2018 Nissan LeafSpy photos revealing a more conventional style to the dash with the two-tier layout goneThe second gen leaf is expected to arrive later this year thatIs our time for today? Have a good one and we’ll see you tomorrow

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