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BMW CFO on Apple Car: 'Competition is a Wonderful Thing'
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That E24 makes me feel some kinda way😍😍 Just like that 850CSi
You'll need a monthly subscription in order to use it. AppleCar One plan so you can upgrade every year for only 100K and 10K a month. Gold carbon wheels and Speakers that can only play Apple Music. 👀 🙄 Tesla is the real deal.
Maybe they expected him to laugh like Balmer did.
Not saying the Apple car will be a hit like the iPhone. But, I think that’s media just doing it’s job. Trying to create debate.
I feel much safer driving a real car than i would on any Apple toy car. Specially after these past few bad storms. Cybertruck however sounds much more appealing
Amid rumors that Apple is working on an Apple-branded car that will come out in the next decade, BMW Chief Financial Officer Nicolas Peter today told Bloomberg that he's not concerned about the threat of an Apple vehicle.
"I sleep very peacefully," said Peter when Bloomberg asked for his opinion on Apple entering the car market. "Competition is a wonderful thing - it helps motivate the others."
He went on to explain that BMW is in a "very strong position" and wants to "remain in a leading position of the industry."
BMW executives have been similarly calm about Tesla's growing dominance in the car market. Chief Executive Officer Oliver Zipse in February said that "it won't be easy" for Tesla to continue growing at a rapid pace as traditional car makers come out with electric vehicles. "The rest of the industry is moving ahead big time," said Zipse.
Apple is said to be working on an Apple-designed and branded vehicle that will be fully autonomous and electric. Apple is rumored to be looking for manufacturing partners and at one point, was considering Hyundai/Kia. We're still many years away from an Apple vehicle, however, with rumors suggesting that work on the car is in the early stages with Apple planning for a launch in 2025 at the earliest.
Article Link: BMW CFO on Apple Car: 'Competition is a Wonderful Thing'
They also said the iMac Pro was the biggest hit in 2017.....
Well yes it is news. Considering traditional manufacturers in the past have either dismissed Tesla as not a real car company along only been dipping their toes in the EV market; it’s a shift that they now see Apple as a contender before we even know if they have a car program. It’s news.
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Apples and oranges here
A phone fits in you hand. And when it crashes, it doesn't cause you too much harm.
Blackberry, or RIM is still around. QNX by RIM is perhaps in more vehicles than carplay
Have you seen the new 3 series grill? Arrogance is failure's best friend. I'd be very afraid of the competition if they don't redesign that beaver tooth next year because that is just fugly and unrecognizable as a Bayerische Motoren Werke.
What has been Tesla's biggest problem? - Always manufacturing. Order a car now, receive it in a year. Maybe 3 years if you want an unreleased model.
They have a desirable product that people want but their ability to manufacture enough for everyone who wants one has always been the issue.
Apple intends to solve that problem for themselves by partnering with an established car manufacturer. But I think if Apple does come out with a car that is under $100,000 they will have so many orders it will be tough to get some of the components like batteries. This has been a thorn in many electric car manufacturers sides, the inability to make enough batteries.
I'm curious if Foxconn and other traditional Apple partnered manufacturers will try to bid on making their cars. Time will tell.
They have a desirable product that people want but their ability to manufacture enough for everyone who wants one has always been the issue.
Apple intends to solve that problem for themselves by partnering with an established car manufacturer. But I think if Apple does come out with a car that is under $100,000 they will have so many orders it will be tough to get some of the components like batteries. This has been a thorn in many electric car manufacturers sides, the inability to make enough batteries.
I'm curious if Foxconn and other traditional Apple partnered manufacturers will try to bid on making their cars. Time will tell.
Dude, you read the article.
That's what MR wanted. And like me, you even took the time to comment.
They played us perfectly.
The only difference? YOU didn't figure this out.
I agree with the point you are making, but disagree on the details. VW is the number 2 auto company, just barely behind Toyota (just over a billion behind). GM is number 7, at less than half VW. BMW is number 6, just about 1 billion more than GM.
It's funny because discussions about BMW thinking with regards to market forces and investor pressure come up all the time but no one ever mentions the fact that BMW is 50% owned by two people. Stefan Quandt has enough stake alone to prevent anyone else from taking control of BMW.
No one at BMW gives any flying Fs about what anyone thinks but Stefan Quandt and Susanne Klatten.
No one at BMW gives any flying Fs about what anyone thinks but Stefan Quandt and Susanne Klatten.
Using pre-pandemic numbers, Toyota sold 10.74 million vehicles around the world in 2019, trailing Volkswagen AG's record annual sales of 10.97 million vehicles.
In 2018, Volkswagen sold 10.83 million vehicles, edging out Toyota for the No. 1 crown.
GM sold 7.72M units.
Who is trailing who?
This might be the most ignorant statement I've ever read on this forum and that's saying something.