GeneralIndustry News

BMW Debuts Six New Models in New York


BMW took advantage of its time in the Big Apple, bringing along six vehicles that have never been seen in the U.S. Penske Automotive Group was at the 2014 New York International Auto Show (NYIAS) to witness the German automaker showcase two vehicles that made their world debut and four others making their North American debut.

Arguably the most anticipated debut for the automaker was that of the BMW M4 Convertible, which combines the performance and body styling of the BMW M4 Coupe and BMW M3 Sedan with a retractable roof. Powering the BMW M4 Convertible is a 425-horsepower 3.0-liter M TwinPower Turbo inline six-cylinder engine, which propels the debuting vehicle 0 to 60 mph in 4.4 seconds. The M4 Convertible will arrive at Penske BMW dealership showrooms this summer.

Also making its world debut in New York was the all-new BMW X4 Sports Activity Coupe. This all-new model will begin production soon exclusively at BMW’s production facility in Spartanburg, S.C. The new X4 will come with a choice of two TwinPower Turbo engines: BMW’s award-winning 240-horsepower 2.0-liter four cylinder on the X4 xDrive28i and a 300-horsepower 3.0-liter inline six on the top-of-line X4 xDrive35i. Both models include an eight-speed Steptronic sport automatic transmission with shift paddles and xDrive, BMW’s intelligent all-wheel drive system, standard.

Making their North American debuts were the BMW 4 Series Gran Coupe, the 2015 ALPINA B6 xDrive Gran Coupe, the Concept X5 eDrive and the X3 Sports Activity Vehicle. All four vehicles are set to arrive at Penske BMW dealerships later this year.

The BMW 4 Series Gran Coupe brings the sporty character of the 4 Series Coupe with the functionality provided by four doors. It arrives in early summer with two engine choices: the award-winning 240-horsepower TwinPower Turbo 2.0-liter four-cylinder and the 300-horsepower TwinPower Turbo 3.0-liter inline six.

The 2015 BMW ALPINA B6 xDrive Gran Coupe delivers 0 to 60 mph in only 3.7 seconds thanks to a 540-horsepower, 4.4-liter ALPINA Bi-Turbo V8. This powerhouse also features an eight-speed Sports Automatic Transmission with ALPINA SWITCH-TRONIC and BMW’s xDrive intelligent all-wheel drive system. The ALPINA B6 Gran Coupe will go on sale in the next couple of months.

The BMW Concept X5 eDrive features the combination of a BMW TwinPower Turbo 4-cylinder combustion engine and a 95-horsepower electric motor, which provides performance and an impressive average fuel efficiency of approximately 62 mpg. Different drive modes can also be selected, such as the full-electric mode, with a maximum possible range of 19 miles at speeds up to 75 mph. The vehicle’s high-voltage battery can be charged quickly and conveniently using the BMW home charging station, but it can also be charged using any standard household power outlet or public charging station.

The 2015 BMW X3 Sports Activity Vehicle is the third generation for the model, featuring interior and exterior revisions and the availability of BMW Advanced Diesel power. The release of the new X3, which is set to hit showrooms in the next couple of months, will also mark the debut of the rear-wheel drive BMW X3 sDrive28i model an entry point into the X3. The new xDrive28d will feature BMW’s 2.0-liter TwinPower Turbo diesel four-cylinder engine with 180 horsepower, while the X3 xDrive28i features BMW 2.0-liter TwinPower Turbo gasoline engine, producing 240 horsepower.


Stay tuned to Penske Social for more photos, video and information about these new BMW models.

[Source: BMW USA]

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GeneralIndustry News

Audi Shows Off New Variants of A3, R S7 in New York

Audi recently premiered two new model variants at the 2014 New York International Auto Show.

The Audi A3 TDI Sportback, an enthusiast favorite, and the exclusive RS 7 dynamic edition, which showcases the German automaker’s personalization program, were on display at the Jacob K. Javits Convention Center from April 18-27, 2014. The Penske Automotive Group social team was also there to capture the event as the public laid eyes on the two new model variants for the first time.

The decision to bring the Audi A3 TDI Sportback clean diesel to the U.S. market came thanks to the support of many car enthusiasts. The fuel-efficient compact hatchback will arrive in the U.S. in summer 2015 for the 2016 model year and join Audi’s push to expand the compact luxury segment and its TDI models.

The A3 TDI Sportback will be powered by a 150-horsepower 2.0 TDI clean diesel engine mated to the standard six-speed S tronic transmission. The TDI Sportback will feature the advanced technology of the recently launched A3 and is a variant of A3 family that is being introduced over the next 18 months: the Audi A3 Sedan, Audi A3 Cabriolet, A3 TDI Clean Diesel Sedan, the high-performance S3 Sedan and the A3 Sportback e-tron gasoline electric hybrid (PHEV). It will also join the five 2014 TDI models available, including the A6, A7, A8 L, Q5 and Q7.

The Audi exclusive RS 7 dynamic edition will arrive at dealerships in early summer. In addition to the 560-horsepower engine found in the RS 7, the dynamic edition will include elements of an exclusive customization program: tornado red brake calipers with the RS 7 logo, 21-inch gloss black wheels, a carbon fiber splitter, diffuser, and a carbon fiber engine cover.

The interior of the RS 7 dynamic edition will feature black valcona leather seats with the RS-specific honeycomb stitch in crimson red that is also on the dashboard, gear shifter boot, center and door armrests, and along the center console. The safety belts match the crimson red accents, which are combined with the carbon fiber inlays.

Under the hood of the five-door coupe, the 560-horsepower comes from a twin-turbo 4.0-liter turbo fuel stratified injection (TFSI) V8 engine that allows the RS 7 to go from 0 to 60 mph in just 3.7 seconds. The vehicle’s cylinder-on-demand technology allows the RS 7 to deactivate four cylinders at low engine speeds to improve fuel economy by 15 percent.

Stay tuned to for more photos, video and information about the Audi A3 TDI Sportback and the RS 7 dynamic edition.

[Source: Audi of America]

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Tis’ The Season To Drive Safe

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Winter is officially in full swing across most of the country. Tis’ the season to be merry…and cautious on the roads. This season most of us encounter certain challenges and dangers, like slippery iced roads, minimal visibility and freezing temperatures.

Be prepared, keep the proper knowledge in mind and enjoy the holiday season.

Remove all ice and snow from your vehicle. This can easily obscure your visibility. To be safe, brush off the front and rear windows, side mirrors and windows and taillights too.
Ask yourself if you have the appropriate winter tires. Worn tires can be extremely dangerous in snow, slush and ice. Ensure that your tires appropriate for the conditions at any Penske Automotive service department. For snowy conditions, studded snow tires or tire chains could be a great solution to consider.
Relax, take it easy and drive cautiously. Avoid sudden starts or stops – starting in second gear can be helpful to prevent spinning tires. Drive slowly and designate the proper amount of space than you normally for breaking…there is nothing wrong with driving slow in extreme weather conditions, speed limits are set for standard and clear weather conditions.
If you sense your car is going to slide, slide properly…it happens. If the front end starts to ‘plow’ off course, gently let off the accelerator and steer your vehicle into an open direction. If the rear end slides out, or ‘fishtails’, gently let off the accelerator and turn the steering wheel in the direction of the slide – and be ready to turn the steering wheel back in the other direction once you’ve gained control of your car.
These tips will help you stay safe during the winter. If you are not certain that your car is prepared for the winter, direct your questions to any Penske Automotive service department so that we can our clients are well equipped with the appropriate tires and winter.
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Penske Automotive Group Stock Hits New 52-Week High (PAG)

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NEW YORK (TheStreet) — Penske Automotive Group (NYSE:PAG) hit a new 52-week high Monday as it traded at $19.57 compared with its previous 52-Week high of $19.54. Penske Automotive Group is changing hands at $19.46 with 1,882 shares traded as of 9:31 a.m. ET. Average volume has been 551,100 shares over the past 30 days. Penske Automotive Group has a market cap of $1.8 billion and is part of the services sector and specialty retail industry. Shares are up 11.7% year to date as of the close of trading on Friday.

Penske Automotive Group, Inc. operates as an automotive retailer in the United States and the United Kingdom. It sells new and used motor vehicles, as well as provides various repair, maintenance, and collision services. The company has a P/E ratio of 17.5, below the average specialty retail industry P/E ratio of 17.6 and below the S&P 500 P/E ratio of 23.5.

TheStreet Ratings rates Penske Automotive Group as a hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, poor profit margins and weak operating cash flow. You can view the full Penske Automotive Group Ratings Report.


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