With the help of his Wu-Tang Clan compadres, Raekwon (real name Corey Woods) helped redefine the sound of New York City street rap during the ’90s. The group is legendary in their native Staten Island, and even though Raekwon, 47, now lives in Atlanta, he still gets back to the city regularly and will be...
NYS Entity Status
NYS Filing Date
MAY 20, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - BMW AUTO SALES INC
AROUND THE WEB
- Raekwon’s New York: Viagra empanadas and hanging at Staten Island Mall
By Hardeep Phull - Friday Jul 7, 2017
- BMW Commits to New Jobs at U.S. Factory
Monday Jun 26, 2017
BMW is the latest auto maker to commit to new jobs at a U.S. factory following criticism from President Donald Trump, saying Monday it will create 1,000 American jobs through 2021
- BMW Denies VW Claims of Possible Coordination by German Car Makers
Sunday Jul 23, 2017
Germany’s largest car maker has asked Europe’s antitrust watchdog to scrutinize decades of coordination efforts by the country’s main auto manufacturers amid growing concern they might have breached antitrust regulations.
- After years of growth, automakers are cutting U.S. jobs
By Bill Vlasic - Wednesday Jul 5, 2017
DETROIT — After a prolonged recovery that culminated in two years of record sales, the American auto industry is slowing down, with fewer buyers in dealer showrooms and fewer workers on the factory floor.The decline signals at least a pause in Detroit’s resurgence from the dark days of the financial crisis, which General Motors and Chrysler survived only through bankruptcy and bailouts.Industry analysts said consumers might be pulling back on spending because of tighter credit conditions and more expensive vehicle loans.“Higher interest rates and uncertainty around fiscal policies will slow economic growth, and may become headwinds for auto sales,” said Charlie Chesbrough, an economist for the research firm Cox Automotive.With low gas prices motivating buyers to trade in traditional cars for larger models, factories making trucks and sport utility vehicles are humming, with some producing around the clock on three shifts.Even as overall vehicle sales declined in June, sales of trucks and sport utility vehicles rose about 4 percent from a year earlier.[...] if falling sales overall in the United States continue to cut employment in U.S. plants, it could spur protectionist measures by the Trump administration, like imposing border taxes on imported vehicles.Scaling back jobs in car plants is part of a newfound discipline among automakers to avoid bloated payrolls and inventories when sales start slipping.[...] the Detroit companies have also hired large numbers of lower-wage, entry-level employees with less costly unemployment benefits.GM, for example, has reduced the number of shifts at several of its domestic plants, the most recent reduction being its announcement of cutbacks at a factory in Kansas that makes the Chevrolet Malibu midsize sedan — a segment that is rapidly declining as more buyers gravitate to SUVs.Fiat Chrysler, for its part, has eliminated production of compact and midsize cars altogether at factories in Michigan and Illinois, temporarily laying off workers as it retools the plants to produce SUVs and trucks.The bright spots in the overall employment picture are the expansion of production at niche automakers like Palo Alto electric-car company Tesla, and by foreign car companies including BMW, which is adding jobs at its sole U.S. plant, in South Carolina.“Seasonal factors drive a much higher retail mix of trucks and utilities in the second half of the year, so it makes sense to make production adjustments on the car side,” said James Cain, a spokesman for General Motors.
- U.S. Auto Sales Fall as Fewer Vehicles Go to Rental Chains
Monday Jul 3, 2017
Auto sales continued to slide in June, as car buyers react to higher vehicle prices and Detroit backs away from dumping unwanted inventory into rental-car lots.
- Continental rolls into BMW’s self-driving consortium
By David Curry - Sunday Jul 2, 2017
Continental said on Tuesday it has joined the self-driving consortium led by BMW, created to accelerate the development of autonomous systems for vehicles.The addition of Continental fills the consortium with everything it needs to develop a fully operational self-driving car. The German company is the second largest supplier of automotive parts by sales in the world.See Also: Nissan turns over new self-driving Leaf with ProPilotIntel and Mobileye are partners in the consortium. Intel is hoping that the arrangement will give it an avenue into the growing need for silicon in cars, while...Read More