A place for vision: the BMW Group.
Sales volume and revenues achieve new all-time high in 2016 ++ Group net profit up 8.0% to € 6.9 billion ++ Pre-tax Group return on sales improves to 10.3% ++ EBIT margin in the Automotive segment within or above target range of 8-10% for seventh year in succession ++ Moody’s raises rating for BMW Group to A1 ++ Dividend of €3.50 per share of common stock proposed ++ Krüger: a record year to start the NEXT 100 YEARS
Munich. The BMW Group continued its successful course during its 101st year, reporting its best ever figures to date for sales volume, revenues and earnings. “2016 was the first step in the NEXT 100 YEARS of the BMW Group. We have turned our centenary year into the most successful 12-month period in our corporate history and posted new record levels in terms of revenues and earnings for the seventh year in a row,” stated Harald Krüger, Chairman of the Board of Management of BMW AG in Munich on Thursday. “We are fully focused on implementing our Strategy NUMBER ONE > NEXT, guiding the BMW Group along the “ACES” route: Automated, Connected, Electrified and Shared.”
In the first year of Strategy NUMBER ONE > NEXT, the BMW Group announced its cooperation with Intel and Mobileye in the field of highly and fully automated driving, launched the ReachNow car-sharing service in the USA and set out the next steps in its electrification strategy. “From 2019 onwards, we will be firmly embedding all-electric, battery-powered mobility in our core brands. The electric MINI and the electric BMW X3 will be visible proof of how we are embracing innovations introduced with BMW i on a broader scale,” commented Krüger. The BMW iNEXT, set for launch in 2021, will be the BMW Group’s new technological spearhead. “The iNEXT will embody the future of mobility, setting new standards for automated driving, electric mobility, connectivity and design alike,” Krüger continued. Moreover, the BMW Group will launch further plug-in hybrid models powered by both electric and combustion engines; the electrified BMW 5 Series and MINI Countryman will be on the market in 2017.
169,073 vehicles delivered worldwide in February, up 3.1% ++ BMW sales up 3.0%, totalling 147,789 ++ MINI sales grow 3.2% to 21,045 ++ BMW Group sales in first two months up 4.9% to 332,369 ++ BMW electrified models more than double in year-to-date ++ Sales growth achieved in all world regions
Munich. BMW Group sales grew further in February, reaching a new all-time high level of 169,073 vehicles delivered worldwide, an increase of 3.1% compared with the same month last year. With its three premium brands, BMW, MINI and Rolls-Royce, the BMW Group has sold a total of 332,369 vehicles since the beginning of the year, up 4.9%.
“The first two months of the year have seen growth in all major sales regions, despite the model change-over of the 5 Series,” said Dr Ian Robertson, Member of the BMW AG Board of Management with responsibility for Sales and Brand BMW. “February was an important month for us, with the market launch of the new BMW 5 Series. Initial sales of this benchmark car are strong and we’re confident that this model in particular will ensure increasing momentum as the year continues,” he added.
Product offensive: BMW Group to launch 40 new or revised models by end of 2018 ++ Luxury segment: sales volume to grow significantly by 2020 ++ More electric mobility: focus on flexibility ++ Targets for 2017: Slight rise in Group profit before tax, automotive segment sales volume and revenues ++ 2016: Best-ever revenues and earnings figures ++ Krüger: “Clear focus on the needs of our customers”
Munich. After reporting best-ever revenues and earnings figures for the seventh year in succession, the BMW Group intends to continue its course of sustainable and profitable growth, while also expanding its role as innovation leader. The company’s core business will be strengthened by the targeted addition of new models and continued work on the strategic areas of electric mobility and automated driving.
“Once again, we are targeting record sales volume, revenues and earnings in 2017,” stated Harald Krüger, Chairman of the Board of Management of BMW AG in Munich on Tuesday. The BMW Group forecasts a slight increase in Automotive segment deliveries to customers in the current financial year, which would result in a corresponding growth in segment revenues. Group profit before taxes is also expected to improve slightly.
163,288 vehicles delivered worldwide, up 6.8% ++ BMW sales up 7.2%, totalling 143,553 ++ MINI sales grow 3.7% to 19,563 ++ BMW electrified models double sales in January ++ Sales growth achieved in all world regions
Munich. Following on from a sixth consecutive record-breaking year, sales at the BMW Group achieved their best-ever start to the year with January figures showing increased deliveries in all world regions. With its three premium brands, BMW, MINI and Rolls-Royce, the BMW Group delivered a total of 163,288 vehicles worldwide, an increase of 6.8% compared with January last year.
“We’ve started the year well, building on the success of 2016,” said Dr Ian Robertson, Member of the BMW AG Board of Management with responsibility for Sales and Marketing BMW. “We’re confident that the new models we’re bringing to market this year, especially the new generation BMW 5 Series which is about to arrive in dealerships, will ensure further momentum as the year goes on. We continue to focus on profitability and sustainable levels of growth distributed around the world,” he added.
BMW Group key figures (2016).
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.
The diverse world of the BMW Group: selected examples.
BMW Group Designworks USA.
Design consultancy with a focus on mobility and product design: Designworks handles everything from ballpoint pens to luxury yachts – gaining comprehensive insights into the world of brands, companies and consumers. This diversity also benefits the BMW Group. The design studio is responsible for repeatedly challenging and inspiring BMW, MINI and Rolls Royce teams with external perspectives.
Environmental wind tunnel, Research and Innovation Centre, Munich.
The BMW Group is committed to vehicle safety. The operational and road safety of our vehicles must therefore be assured in all weather conditions. Practically all relevant environmental situations can be simulated in the modern environmental wind tunnel at the BMW Group’s Munich Research and Innovation Centre – from wind speeds up to 250 km/h to extreme temperatures of minus 20 degrees Celsius. As well as enhancing vehicle safety, this also allows fuel economy and emissions of future model generations to be optimised.
Innovative robot systems at Plant Spartanburg.
Until recently, final assembly was one of the few areas with only limited use of robots. That was until BMW Group Plant Spartanburg installed the first lightweight robots on its door assembly line. These innovative production systems significantly improve everyday working conditions for staff – because the well-being of its employees is top priority for the BMW Group.
Vehicle collection at BMW Welt Munich.
With its ground-breaking architecture, BMW Welt is the heart of all BMW Group brands – BMW, with its BMW M and BMW i sub-brands; MINI; Rolls-Royce Motor Cars; and BMW Motorrad. Its exhibitions and new vehicles delivery are highlights for automobile fans from around the world. Visitors can enjoy a varied programme of events and sample the culinary delights of its several restaurants. Children and teenagers can participate in tours and workshops at the Junior Campus.