BMW

10 Vehicles Most Likely to Enter Used Market After 1 Year

The website iSeeCars compiled a list of top 10 vehicles with the highest rate of entering the used market one year after being purchased as new. Of those top 10, eight were luxury vehicles.

BMW Group Financial Services Seeking New Technologies

BMW Group Financial Services has launched an accelerator program meant to provide entrepreneurs, startups, and small businesses with the opportunity to partner with the captive finance company to develop new technologies, according to the company.

BMW Adds Upstream Remarketing Platform for China

RMS Automotive has launched the first phase of a remarketing platform intended to drive sales for BMW China and its more than 400 CPO-program-authorized dealerships, the company announced.

BMW Financial Sells 75% of Vehicles in Simulcast Auction

Nearly 75% of the BMW vehicles offered during Manheim's first open digital block sale for BMW Financial were sold during the auction, according to Manheim.

15 Vehicles Earn Highest IIHS Award

Because of more stringent criteria from the Insurance Institute for Highway Safety, the number of vehicles qualifying for the group's most prestigious award falls to just 15. Video courtesy of IIHS. For the full story, click here.

Online Marketplace Shift Draws BMW Investment

Online used vehicle marketplace Shift has raised $38 million in a series C round of funding led by BMW's venture capital business unit, iVentures. Other participants included DFJ, Highland Capital, G2VP, and Goldman Sachs Investment Partners.

BMW Offers Off-Lease Inventory to Non-BMW Dealers

BMW Financial Services has made BMWGroupDirect.com accessible to independent and non-BMW franchise dealers. BMWGroupDirect allows any registered dealer online access to BMW Group’s national inventory of off-lease vehicles.

Manheim Locations Receive Customer Awards

Fourteen Manheim locations were recently honored by BMW Financial Services, GE, and Ford for offering customers the highest and most consistent performance and service levels during 2012.

BMW of North America adds Experian Automotive’s AutoCheck vehicle history reports to its BMW Certified Pre-Owned and MINI NEXT programs

SCHAUMBURG, IL — Experian Automotive announced that BMW of North America has named it as a provider of vehicle history reports for its BMW Certified Pre-Owned (CPO) and MINI NEXT programs.

BMW Financial Services Partners with Manheim on the Brand’s First-Ever Simulcast Everywhere Sale

WOODCLIFF LAKE, NJ – BMW Financial Services recently partnered with Manheim to host the automaker’s first Simulcast Everywhere Sale.

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