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BMW plans to develop more niche models to help it offset falling sales in its traditional segments. Nissan-owned luxury brand Infiniti has unveiled a competitive pricing structure for the October launch of pan-European sales. BMW is launching a worldwide sales contest to motivate dealers for the launch of the new 7 series upper-premium sedan. The car, the fifth generation of BMW's range-topping sedan, will go on sale in Europe in November and early next year in the U.S. Siemens Energy and#38; Automation Inc. will supply conveyors and end-of-the-line testing systems for BMW's plant in Spartanburg, S.C. BMW will use the conveyors at its door and engine monorails and stacker areas. The soap opera continues: Will Ford dump Volvo? It seems there's always another tea leaf to read. Carlos Tavares, Nissan Motor Co.'s executive vice president in charge of corporate and product planning, will be the keynote speaker at the first Automotive News Green Car Conference/Exposition on Nov. 13 in suburban Detroit. Despite high-profile efforts to shop brands like Hummer or nameplates like Viper, the Detroit 3 are running out of ways to raise cash. In recent years they have sold their best noncore assets and borrowed against primary assets. Sure enough, consumers drove more full-sized pickups off dealership lots in August than in any previous month in 2008. And, indeed, small-car share drifted back down from the stratosphere. A month after its sudden withdrawal from the leasing business, Chrysler Financial has told dealers that it will jack up their floorplan interest rates and force them to pay off older, unsold vehicles. In an Aug. There was something about Gardiner Reynolds that Honda field reps liked. A couple of them took him under their wings. In the process, they helped Reynolds save his grandmother's small, struggling Rhode Island auto dealership, Saccucci Honda. Home Page
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