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BMW Reportedly Discussing Partnership with India’s TVS Motor

BMW is reportedly in talks with TVS Motor to develop new motorcycles for India. A potential BMW-TVS partership would follow similar arrangements between Bajaj Auto and KTM and between Hero MotoCorp and Erik Buell Racing. The Wall Street Journal reports the two companies are discussing a possible technological alliance.

BMW Reports 2012 Sales Results

BMW released its year-end 2012 financial report, reporting revenues of 1.49 billion euros (US$1.93 billion) from its motorcycle business in 2012, up from 1.44 billion euros in 2011. The increased revenues came in a record year for BMW with the company selling an all-time record of 106,358 motorcycles in 2012. Despite the increase in sales revenue, BMW reported a much smaller profit from its motorcycle business, earning 9 million euros (US$11.6 million) in 2012, compared to 45 million euros in 2011.

BMW to Unveil Five New Models Including Electric Scooter Production Model

BMW announced it will unveil at least five new models over the next few months, starting with the production version of the C evolution electric scooter. BMW will likely reveal most of these new models at the 2013 EICMA Show in Milan in November but the new electric scooter will make its public debut tomorrow at the 2013 Frankfurt Motor Show. “No fewer than five new models will be unveiled to the public in the coming months.