MUNICH, Germany — In a sweeping strategic realignment prompted by the rollout of the next-generation 3 Series and the upcoming introduction of its revolutionary "Neue Klasse" vehicle architecture, German luxury automaker BMW is fundamentally reshaping its global product portfolio. The multi-pronged strategy involves streamlining underperforming model variants, expanding artificial intelligence…
By Motor1.com Automotive News Desk The automotive landscape has spent the better part of the last half-decade marching steadily upward in price. Between supply chain adjustments, rising raw material costs, regulatory compliance burdens, and corporate pushes toward higher-margin configurations, budget-friendly new cars have become an endangered species. For entry-level buyers,…
