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Wednesday, Sep 11
BMW unveils new X5 at Frankfurt Auto Show
- BMW (BAMXY.PK) vows to take back the market share it lost to Mercedes (DDAIF.PK) last year with new models crammed with tech features.
- The automaker highlighted its new X5 model this week at the Frankfurt Auto Show, including showcasing the car's ability to drive itself in traffic jams and switch to night vision.
- Even though the X5's features could rival the Batmobile, analysts also point to the X5's improved gas mileage as a selling point in its favor in comparison to Audi and Mercedes models.