Day: September 6, 2021

BMW’s i Vision Circular Is a Sustainable, Recycled EV

The automotive industry is one of the most planet-harming manufacturing sectors, even if the focus on electric cars is bigger than ever, but BMW is looking to change this with its just-revealed concept, the i Vision Circular.

Positioned as a car for 2040, the i Vision Circular combines sustainability with the marque’s premium and luxurious touch for something that’s never been seen in the automotive world before. As the name suggests, the car has been designed using the principles of a circular economy, which in turn aims to make BMW the “world’s most sustainable manufacturer in the individual premium mobility space.”

Under the titles “RE:THINK,” “RE:DUCE,” “RE:USE,” and “RE:CYCLE,” BMW has created a car that is made entirely from either recycled materials or are 100% recyclable. This is achieved by using materials that have already fulfilled a product life cycle and by using bio-based raw materials, and to further the

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VW, Ford, Daimler fear chip shortage could persist for some time

Technicians work in the assembly line of German carmaker Volkswagen’s electric ID. 3 car in Dresden, Germany, June 8, 2021.

Matthias Rietschel | Reuters

Car manufacturers including Ford, Volkswagen and Daimler are still struggling to deal with the impact of the global chip shortage, with executives from each of the companies warning a lack of silicon is likely to remain a problem.

Volkswagen CEO Herbert Diess, Daimler CEO Ola Kallenius and Ford Europe chairman of the management board Gunnar Herrmann told CNBC’s Annette Weisbach at the Munich Motor Show on Monday that it’s hard to tell when the complex issue will be resolved.

Germany’s Volkswagen, Europe’s largest carmaker, has lost market share in China as a result of the chip shortage, Diess said.

“We are relatively weak because of semiconductor shortages,” he said. “We are hit more in China than the rest of the world. That’s why we are

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Why the new-car destination charge is the worst fee to pay

Unfortunately, the price you see when automakers advertise a new car isn’t the price you end up paying. We’re not even talking about taxes. We’re talking about the destination charge. Even after haggling or finding a discount to lower the car’s cost below the manufacturer’s suggested retail price, a destination charge typically adds at least $1,000 to the car’s price. But why?

Consumer Reports recently examined the rise of destination fees and found they’ve climbed from an average of $839 in 2011 to $1,244 in 2020, a massive 48% increase in less than a decade. Over the same period, the price of an average new car has risen “just” 27%. I join CR in calling for destination fees to be made part of MSRP and not a footnote to it.

Ford F-150 destination fee

The destination fee is chunky, but it doesn’t even get put in bold.

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