A place for vision: the BMW Group.
BMW Group global number one in premium segment in first quarter +++ BMW brand delivers 221,631 in March, up 3.7% +++ All major sales regions contribute to sales increase +++ First quarter sales grow at BMW, Rolls-Royce, BMW Motorrad +++ BMW i3 sales up 16% for best-ever first quarter: 9,227 sold +++ Nota: “Our focus remains on sustainable, profitable growth”
Munich. March 2019 was the best-ever single sales month in the BMW Group’s history with a total of 263,319 premium BMW, MINI and Rolls-Royce vehicles delivered to customers, an increase of 2.8% on the same month last year. Across the first quarter of the year, the company maintained sales at last year’s high level, with a total of 605,333 (+0.1%) vehicles sold.
“The year is progressing as we expected, given the ongoing model changeover of the BMW 3 Series sedan and headwinds in markets worldwide,” said Pieter Nota, Member of the BMW AG Board of Management. Since 1 April 2019 he is responsible for Customer, Brands and Sales, a new role which encompasses the company’s three automotive brands, BMW, MINI and Rolls-Royce. “March was our best-ever single month for sales. In several significant markets, including China and the USA, we successfully grew sales, beating the market trend. In the USA, BMW was the biggest-selling premium brand in the first quarter of the year. The seventh generation BMW 3 Series achieved a strong start in March and the global rollout will continue in the coming months. It’s just one of many exciting new models which I believe will support us as we focus on achieving sustainable, profitable growth in a highly competitive environment.”
In connection with the ongoing antitrust proceedings, the European Commission today informed the BMW Group about a “Statement of Objections”. +++ The Statement of Objections leads the BMW Group to believe that it is probable (“more likely than not”) that the EU Commission will issue a significant fine. +++ According to the International Financial Reporting Standards, this results in an obligation to recognise a provision.
Munich. In connection with the ongoing antitrust proceedings, the European Commission today informed the BMW Group about a “Statement of Objections”. The EU Commission is investigating whether German automobile manufacturers cooperated in technical working groups to restrict competition in development and rollout of emission-reduction technologies.
The BMW Group will contest the EU Commission’s allegations with all legal means if necessary.
BMW Group to examine Commission’s statement of objections in depth +++ Talks in working groups aimed at technological freedom of choice and the practicability of legally required reduction of exhaust gas emissions +++ Lawful coordination of industry positions on regulatory framework should not be equated with unlawful cartel agreements +++ BMW Group exhaust gas treatment systems differ from competitors’ +++ No evidence of agreements on use of unlawful defeat devices
Munich. On 5 April 2019, the BMW Group received a so-called “statement of objections” from the European Commission in connection with the ongoing antitrust proceedings. The statement relates to the investigation into talks held by working groups of German automobile manufacturers a number of years ago and includes a provisional competitive assessment by the EU Competition Authority.
The BMW Group will examine the objections and information provided by the European Commission and submit a reply to the authority. Since this matter concerns ongoing proceedings of the European Commission, the company will not comment on the content of the objections at this time. The BMW Group’s review of the statement of objections and any resulting potential financial impact is ongoing.
BMW Group key figures.
Who we are.
The BMW Group company profile.
The special fascination of the BMW Group not only lies in its products and technology, but also in the company’s history, written by inventors, pioneers and brilliant designers. Today, the BMW Group, with its 30 production and assembly facilities in 14 countries as well as a global sales network, is the world’s leading manufacturer of premium automobiles and motorcycles, and provider of premium financial and mobility services.
Production today and tomorrow.
The BMW Group sets trends in production technology and sustainability as an innovation leader with an intelligent material mix, a technological shift towards digitalisation and resource-efficient production. At the same time, flexibility and continuous optimisation of value chains ensure competitiveness.
Sustainability: the guiding principle for all our actions.
Long-term thinking and responsible action are the basis of economic success. Ecological and social sustainability, comprehensive product responsibility and a clear commitment to conserving resources are therefore an integral part of our strategy. With Efficient Dynamics, the BMW Group consistently implements the principle of sustainable mobility and is steadily reducing its vehicles’ fuel consumption and emissions.
Production today and tomorrow.
Five BMW Group milestones.
BMW can trace its roots back to Karl Rapp and Gustav Otto. In 1916, the Flugmaschinenfabrik Gustav Otto company had merged into Bayerische Flugzeug-Werke AG (BFW) at government behest. Elsewhere, in 1917, the Rapp Motorenwerke company became Bayerische Motoren Werke GmbH, which was duly converted into an AG (public limited company) in 1918. BMW AG subsequently transferred its engine construction operations – including the company and brand names – to BFW in 1922. The date of BFW’s founding, 7 March 1916, has therefore gone down in history as the foundation date of Bayerische Motoren Werke AG.
Discover historyBMW announced its first motorcycle, the R 32, to great excitement in 1923. Until then the company had only supplied engines rather than complete vehicles. The basic concept of the original BMW Motorrad model – a boxer engine with longitudinally positioned cylinders and shaft drive –continues to be employed in the company’s motorcycles to this day.
Discover historyBMW's first post-war automobile was the 501, built from 1952 onwards. A large saloon capable of seating up to six people, it was powered by an enhanced version of the six-cylinder engine used in the pre-war BMW 326. As a luxury car, the BMW 501 was not a commercial success, but it nevertheless restored BMW's status as a manufacturer of high-quality cars.
Discover historyThe Rosslyn plant near Pretoria, South Africa, became the first production location outside of Germany for the modern BMW Group. In 1972, the BMW Board of Management decided to take over the entire Rosslyn facility constructed by the local importer. Assembly of the Glas 1800 SA model had started in 1967 and was later followed by the BMW 2000 SA. After major investments, production of BMW 3 Series vehicles was launched there at the beginning of 1984.
Discover historyStrategy Number ONE aligns the BMW Group with two targets: to be profitable and to enhance long-term value – from a technological, structural and cultural perspective. The mission statement up to the year 2020 is to become the world’s leading provider of premium products and premium services for individual mobility.
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