Company news. Keeping you informed.

+++ Pre-tax earnings (EBT) of € 5.7 billion secure Group EBT margin of 8.5% at six-month mark +++ Automotive free cash flow of € 2.35 billion in YTD June +++ Automotive Segment EBIT margin in line with annual guidance at 6.2% +++ Significant growth in electrified vehicle sales (+18.6%) in first half of 2025 +++ Record half-year for BMW M models, with 106,000 vehicles delivered (+6.5%) +++ Outlook from Annual Conference confirmed +++ Zipse: “NEUE KLASSE with unprecedented product ramp-up by 2027” +++

Munich. The BMW Group showed strong resilience in the first half of the year – building on a solid foundation of consistent strategy, robust customer demand, sustained cost discipline and high flexibility. With sales volumes stable at over 1.2 million premium vehicles, and with potential for further growth, the company reported Group earnings before tax of more than € 5.7 billion and an EBT margin of 8.5% in the first six months of 2025.

The Automotive Segment EBIT margin came in at 6.2%, placing it in the upper half of the 5.0-7.0% annual target range, published in March. The segment's free cash flow for the first half-year was € 2.345 billion. At the six-month mark, the BMW Group is therefore on track to meet its targets for the year.

+++ Second-quarter deliveries increase +++ BMW Group delivers 1,207,388 units in first half of 2025 +++ Significant sales growth of +18.5% for BMW Group electrified vehicles in YTD June +++ Full availability of all models: MINI posts strong sales increase, with growth across all regions +++ BMW brand: Clear segment leader in first half-year +++ BMW M GmbH delivers over 100,000 vehicles in half-year period for the first time +++

Munich. The BMW Group reported higher sales year-on-year in the second quarter: Between April and June, deliveries of BMW, MINI and Rolls-Royce vehicles increased by +0.4% to 621,271 units. In the first half of the year, the company delivered a total of 1,207,388 vehicles (-0.5%). Electrified vehicles saw significant sales growth compared to the previous year. With 318,949 fully-electric and plug-in hybrid vehicles delivered to customers, the BMW Group grew its sales by +18.5% in the first half of 2025. New orders across all drive technologies developed positively in the first six months, showing significant year-on-year growth.

“Thanks to our attractive product line-up, we were able to close the second quarter successfully. Between April and June, the BMW Group reported sales growth of +0.4% compared to the same period last year,” said Jochen Goller, member of the Board of Management of BMW AG responsible for Customer, Brands, Sales. “In the second quarter, we also achieved an important milestone, with the delivery of our 1.5-millionth fully-electric vehicle. This success underlines once again how the BMW Group has evolved from an electric pioneer to one of the leading players in the BEV market – now offering more than 15 fully-electric models,” added Goller.

Munich. At a meeting of the Supervisory Board held following the Annual General Meeting of BMW AG, Dr. Nicolas Peter was elected its chairman. 86.21 percent of shareholders had voted earlier, at the BMW AG Annual General Meeting, to appoint Dr. Peter to the Supervisory Board for a four-year term.

Dr. Nicolas Peter served as the member of the Board of Management of BMW AG responsible for the Finance division from January 2017 to May 2023. He has extensive experience in the automotive industry, combined with many years in a wide range of management positions at the BMW Group.

Dr. Peter has not held any position within BMW AG since 11 May 2023 and has therefore completed the two-year cooling-off period required by the German Corporate Governance Code.

The Annual General Meeting has also elected Dr. Marc Bitzer, Ms. Rachel Empey, Ms. Anke Schäferkordt and Prof. Dr. Christoph Schmidt to the Supervisory Board for another four-year term.

+++ Statement Oliver Zipse, Chairman of the Board of Management of BMW AG +++ 105th Annual General Meeting of BMW AG on 14th May 2025 +++ Livestream from the Olympic Hall in Munich +++

Robust. Dependable. With a clear focus on the future.

The BMW way – for the success of your company.

Dear Shareholders!

Our lives are increasingly digital – and, in global business, virtual formats offer many advantages. But, let's not forget – people are not digital. We all still value meeting face to face. We want to look each other in the eye.

That is why it is great to see so many of you here today, in the Olympiahalle. And to everyone joining us remotely: A very warm welcome to you as well!

This is your company’s 105th Annual General Meeting!

The heart of BMW beats all over the world. BMW is a global team, united by a strong sense of community. 159,000 people: highly motivated. High-performing. Innovative. Together, we are the BMW Group.

Of course, one could also say: BMW, that's just a DAX-listed company. A reliable employer; at its core, it remains an abstract construct.

+++ Formal tribute at Annual General Meeting of BMW AG. +++ Oliver Zipse: “major architect of today's success”. +++ Supervisory Board sets course for continuity at the company. +++

Munich. An important chapter in the history of the BMW Group is coming to an end: Dr. Norbert Reithofer, Chairman of the Supervisory Board of BMW AG since 2015 and closely associated with the company for nearly four decades, is stepping down from his position, effective today.

“After 38 years, it is time for me to say goodbye to the BMW Group. It has been an honour to be a part of this exceptional company. I would like to thank all our associates, shareholders and stakeholders for your trust and support,” said Reithofer. “Together, we have overcome tremendous challenges and celebrated unparalleled successes. I firmly believe that the BMW Group will continue to follow its own, unique BMW path.”

Dr. Reithofer has held various managerial positions at the company since 1 October 1987, starting out as head of Maintenance Planning. From March 2000, he served as a member of the Board of Management, responsible for the Production division. In September 2006, Reithofer was appointed Chairman of the Board of Management, taking over from Helmut Panke. In May 2015, he succeeded Prof Joachim Milberg as Chairman of the Supervisory Board.

+++ Pre-tax earnings (EBT) exceed €3.1 billion; Group EBT margin at 9.2% +++ Automotive Segment’s 6.9% EBIT margin at upper end of full-year guidance +++ BEVs remain strongest growth driver: +32.4% +++ Over a quarter of all vehicles delivered in Q1 were electrified +++ Outlook for 2025 confirmed based on updated premises +++ Zipse: “Technology-open approach remains a key success factor” +++
 

Munich. Attractive products, strong order volumes and strict cost discipline have ensured for the BMW Group a start to the year according to plan. The premium manufacturer from Munich continued its dynamic BEV ramp-up in a volatile and competitive environment, while delivering profitability at the upper end of its 2025 target range in the Automotive Segment. The BMW Group has thus once again confirmed the long-term viability of its strategy of technology openness.

In the first quarter of the year, the BMW Group delivered 586,117 premium vehicles to customers (-1.4%). More than a quarter of these were electrified (26.9%), with fully-electric vehicles once again showing significant sales growth of +32.4%. The EBIT margin in the Automotive Segment – one of the company’s key profit indicators – stood at 6.9%, placing it at the upper end of the targeted range of 5-7% for the year. 

+++ BMW Group delivers 586,149 vehicles in first quarter +++ Sales growth in all regions except China +++ BMW Group BEV sales significantly higher in Q1 (+32.4%) +++ MINI brand achieves growth, with BEV share of 35.3% +++ Jochen Goller: “Model offensive is making an impact, with significant growth in fully-electric vehicles and positive momentum from new MINI models.” +++

Munich. With a total of 586,149 vehicles delivered to customers, the BMW Group’s global deliveries were largely in line with the previous year (-1.4%), despite subdued demand in China. In the first three months of 2025, the BMW Group saw growth in Europe (+6.2%) and the US (+4.0%), in particular. Outside of China, growth reached +5.9%.

The BMW Group continues its successful e-mobility ramp-up in 2025, navigating a volatile market environment with an attractive product line-up. The BMW Group delivered a total of 109,516 fully-electric BMW, MINI and Rolls-Royce vehicles to customers worldwide in the first three months of the year (+32.4%). Sales of fully-electric vehicles saw particularly strong growth in Europe (+64.2%).

+++ 2025: Slight Growth planned in sales volume +++ Group EBT targeted at previous year's level +++ Higher Free cash flow expected +++ Slight Increase of BEV share in total sales planned +++ Due to a consistent strategy: Investments set to decrease from planned peak in 2024 +++ Technology openness as strategic competitive advantage +++ First NEUE KLASSE production vehicle will be the BMW iX3 +++ Zipse: “Implementing biggest future-focused project, while achieving robust free cash flow” +++ 2024: Targets achieved, BEV sales significantly higher +++ High dividend payout ratio of >36% +++

Munich. The BMW Group is entering the financial year 2025 with a clear commitment to growth – with a planned slight increase in sales volume, a decrease in investments and robust free cash flow.

“What has always set the BMW Group apart is our ability to maintain our course, even in challenging conditions. We remain clearly focused on two things – our near term performance and our long-term perspective,” said Oliver Zipse, Chairman of the Board of Management of BMW AG, on Friday. “With the NEUE KLASSE, we are implementing the biggest future-focused project in the history of our company, while at the same time achieving a robust free cash flow.”

At the end of this year, the first production model of the NEUE KLASSE, the new BMW iX3, will kick off an unprecedented ramp-up of new models: Across all drivetrain variants and all segments, the BMW Group will release more than 40 new and updated vehicles onto the market by 2027. What these new models have in common is that they will be equipped with future technology clusters, which will be rolled out successively across the entire portfolio with the launch of the NEUE KLASSE.

+++ Joachim Post to become Member of the Board of Management responsible for Development. +++ Nicolai Martin appointed to the Board of Management responsible for Purchasing and Supplier Network. +++ Reithofer: “Exceptional performance by Frank Weber and the entire Development Division for Neue Klasse.” +++

Munich. At its meeting today, the Supervisory Board of BMW AG set the personnel course to ensure the company's continued leadership in the areas of innovation and technology. Joachim Post will take over from Frank Weber as Member of the Board of Management responsible for Development as of June 1^st. Following the successful completion of series development of the Neue Klasse, Frank Weber will conclude his role. Joachim Post will be succeeded by Nicolai Martin as Member of the Board of Management responsible for Purchasing and Supplier Network.

“Frank Weber and the entire Development Division have delivered an exceptional job in recent years to develop BMW's central future project into series production readiness: the Neue Klasse. Frank Weber deserves our sincere gratitude for this achievement. We wish him all the best for the future. And together with the Board of Management of BMW AG, we are very much looking forward to the launch of the Neue Klasse at the end of this year,” said Norbert Reithofer, Chairman of the Supervisory Board of BMW AG, on Thursday.

+++ BMW Group: Significant +13.5% sales growth in fully-electric vehicles +++ With over 2.45 million units delivered, BMW Group meets adjusted sales target for 2024 +++ BMW brand increases sales in selected regions, gains market shares and maintains position as global segment leader +++ Jochen Goller: “BEV growth to continue in 2025” +++

Munich. The BMW Group managed to continue its growth path in 2024, delivering a total of 426.594 fully-electric vehicles to customers and achieving BEV-sales growth of +13.5%. Both BMW and MINI brands posted double-digit BEV growth, with 368,523 (+11.6%) and 56,181 (+24.3%) fully-electric vehicles delivered to customers, respectively. The Rolls-Royce brand also recorded significant growth with 1.890 BEV vehicles delivered (+479.6%). The BMW brand managed to increase deliveries across all vehicle drivetrains in all sales regions outside of China.

“The BMW Group is maintaining its growth trajectory for fully-electric vehicles amid challenging market conditions. This is reflected in both the significant sales growth for fully-electric vehicles and the clear rise in new BEV orders in Europe,” said Jochen Goller, member of the Board of Management of BMW AG responsible for Customer, Brands, Sales. “We are confident we can maintain our BEV sales growth in 2025 with our strong and expanded product line-up,” Goller continued. 

+++ Nicolas Peter will be proposed for election to the Supervisory Board at the 2025 Annual General Meeting. +++ Norbert Reithofer is not running for re-election after two terms of office. +++

Munich. At its meeting today, the Supervisory Board of BMW AG set the course for a continuity of succession at the head of its board. To this end, the Supervisory Board will put forward Dr. Nicolas Peter for election to the Supervisory Board of BMW AG at the 2025 Annual General Meeting. The Supervisory Board also expressed its support for the proposal that Peter — subject to his election to the Supervisory Board — be elected as Chairman of the Supervisory Board after the 2025 Annual General Meeting.

The mandate of the current Chairman of the Supervisory Board, Dr.-Ing. Norbert Reithofer, as a member of the Supervisory Board will finish as planned at the end of the 2025 Annual General Meeting. He will not run for re-election after two terms of office. This also observes the standard age limit set by the Supervisory Board itself.

+++ Looking ahead after extraordinary challenges in Q3. +++ Significant BEV growth, with a sales share of 19.1% in Q3. +++ BMW brand increases sales volume in Europe as of September: +7.6%, leading position expanded. +++ BMW sales and market share stable in the US. +++ Significant inventory reduction planned in Q4 – forecast auto free cash flow confirmed. +++ Zipse: “Securing short-term earnings and long-term success” +++

Munich. The BMW Group expects sequentially increasing deliveries in the final quarter of 2024. This follows a third quarter in which technical actions linked to the Integrated Braking System (IBS) presented extraordinary challenges. As stated in the ad hoc announcement on September 10, the technical actions – together with weak demand in China – dampened the sales and revenue situation in the reporting period from July to September. Moreover, additional IBS-related provisions for warranty obligations in the high three-digit million-euro range impacted the third quarter. As a result, the BMW Group adjusted its 2024 financial guidance.

Nevertheless, the ramp-up in e-mobility remained strong and made a positive contribution in Q3. BMW Group BEV deliveries grew significantly by +10.1% compared to the previous year, and the share of sales of fully electric vehicles rose to 19.1% percent. 

+++ BMW Group: Deliveries of fully-electric vehicles climb +19.1% in first nine months +++ BMW Group delivers total of 1,754,158 units worldwide in YTD September (-4.5%) – largely due to IBS delivery stops in Q3 and ongoing weak demand in China +++ BMW brand achieves strong sales growth in Europe, gains market share +++ MINI brand reports higher Q3 sales of fully-electric models +++

Munich. In a globally challenging market, the BMW Group increased its sales of fully-electric vehicles by +19,1% in the first nine months of 2024, with a total of 294,054  BEVs delivered to customers. During this period, BMW brand sales of fully-electric models rose by +22.6% to 266,151 vehicles. The MINI brand also grew its fully-electric vehicle sales by +54.3% in the third quarter, delivering 16,536 BEVs to customers.

“Our fully-electric vehicles are winning over customers worldwide – as shown by the significant double-digit growth in our BEV sales during the first nine months of the year,” said Jochen Goller, member of the Board of Management of BMW AG responsible for Customer, Brands, Sales. “We also grew our sales in the Europe region. Our attractive model line-up, which is designed for technology openness, gained traction in the marketplace, despite the challenging conditions overall. The BMW brand captured market share in Europe and significantly outperformed the region's total market,” Goller continued.

+++ Trigger: Delivery stops and technical actions linked to Integrated Braking System (IBS). +++ Technical actions impact over 1.5 million vehicles. +++ Additional warranty costs in high three-digit million amount. +++

Munich. The Board of Management of BMW AG adjusted the guidance for the 2024 financial year today.

This was triggered in part by additional headwinds in the Automotive Segment resulting from delivery stops and technical actions linked to the Integrated Braking System (IBS) that is provided by a supplier.

The delivery stops for vehicles that are not already in customers hands will have a negative worldwide sales effect in the second half of the year. The IBS-related technical actions impact over 1.5 million vehicles and result in additional warranty costs in a high three-digit million amount in the third quarter.

+++ BMW brand achieves sales growth of 2.3% in HY1 –double-digit growth for models in upper price segment +++ BMW BEV deliveries climb 34% to over 179,500 units in first half-year +++ Profitability targets exceeded: Group EBT margin of 10.9% for HY1 +++ Automotive EBIT margin at 8.6% in HY1 +++ Financial Services: New business posts significant growth +++ Zipse: “Delivering high profitability in target corridor for past ten quarters” +++ Outlook for 2024 confirmed +++

Munich. In a challenging environment, the BMW Group proves its high resilience and can confirm its full year guidance, after six months of 2024: Thanks to its extensive range of attractive products, with deliveries on a par with the previous year, the company posted an automotive EBIT Margin at 8.6% (Q2: 8.4%) in the first half of the year. Excluding depreciation from purchase price allocation related to BBA, the BMW Group posted an EBIT margin in the Automotive Segment of 9.6% (Q2: 9.4%). With a consistently high level of investment, the BMW Group also continues to strengthen its innovative power and enhance its future model line-up.

The sales success of the first half-year was largely driven by fully-electric vehicles (BEVs) and higher-priced BMW and BMW M models, which both saw double-digit growth. The BMW, MINI and Rolls-Royce brands reported a 24.6% increase in BEV deliveries to 190,614 fully electric vehicles. The BMW brand is in third place worldwide, with almost 180,000 BEVs delivered. In total, the company delivered 1,213,276 vehicles to customers across all BMW Group brands between January and June, thus reaching the same high level as the previous year (2023: -0.1%; Q2: 618,743 units; -1.3%).

+++ Deliveries of fully-electric BMW vehicles grow by +34.1% in the first half of the year +++ Sales of BMW brand up +2.3% globally +++ Worldwide deliveries by the BMW Group totaled 1,213,359 units +++ Sales growth in Europe and North America +++

Munich. With 179,557 fully electric vehicles delivered, the BMW brand achieved a +34.1% increase in BEV sales in the first half of 2024 compared to the previous year. Overall, the BMW brand grew by +2.3% compared to the previous year's period with 1,096,486 units sold in the first half of the year. The brand thereby outperformed its traditional competitors and managed to significantly gain market share in Europe. In total, the BMW Group delivered 1,213,359 vehicles of the BMW, MINI and Rolls-Royce brands in the first half of the year.

“In the first six months of the year, we saw double-digit growth of our fully-electric vehicles and models from the upper premium segment,” said Jochen Goller, member of the Board of Management of BMW AG responsible for Customer, Brands, Sales. “Despite a challenging market environment, we increased sales for the BMW brand in the first half of the year, thanks to our attractive product portfolio. The strong commitment of our BMW Group employees and our robust global retail network have made a significant contribution in this regard,” said Jochen Goller. 

+++ Statement Oliver Zipse, Chairman of the Board of Management of BMW AG +++ 104th Annual General Meeting of BMW AG on 15th May 2024 +++ Livestream from BMW Welt in Munich +++ 

Strong today – Strong tomorrow.

Our BMW way into the future

Dear Shareholders!

A warm welcome from BMW Welt in Munich. A lot of people talk about the transformation of mobility and the automotive industry – how one will replace the other. At BMW, we do things a little differently. We call it: continuous progress.

Becoming a little bit better every day – that is what we aspire to. And what I, myself, am measured against. Never being satisfied with the status quo brings us closer to our ambitious goals. Step by step. Or, more fittingly, when talking about cars: mile by mile. That may sound very grounded and methodical, but it certainly yields highly effective results.

+++ Consistent strategic implementation: Dynamic BEV ramp-up aligned with profitability, as planned +++ BEV ramp-up continued as planned: 28% growth to around 83,000 BEVs in Q1 +++ BMW brand sales increased by 2.5% +++ Deliveries of models in the upper price segment rise by over 20% +++ Group EBT margin above target of >10% in Q1 +++ EBIT margin within the target range of 8-10% for nine consecutive quarters +++ Outlook for 2024 confirmed +++ Zipse: “Past nine quarters show continuity and reliability.” +++

Munich. The BMW Group continues its successful course in 2024: parallel to its dynamic BEV ramp-up, the company achieved its margin targets. In the first three months of the year, the company delivered around 83,000 all-electric vehicles from its BMW, MINI and Rolls-Royce brands and increased BEV sales by around 28 percent. The BMW brand overall increased its sales by 2.5%. At the same time, the EBIT margin in the Automotive segment of 8.8 percent was within the target range of 8-10 percent, according to the full-year guidance. At 11.4 percent, the EBT margin at Group level was above the strategic target of >10 percent.

After the challenges of the corona pandemic and semiconductor availability, the company has consistently delivered quarter by quarter within its 8-10% strategic EBIT corridor since Q1 2022. This has been achieved in parallel to its rapid ramp-up of electric mobility: Over the past two years, the BMW Group delivered more than 1.1 million electrified vehicles to customers. More than 60 percent of these were purely electric BEV models. The BEV share continues to rise steadily, as planned. 

+++ BMW Group sales climb to 594,671 units in first quarter +++ Growth drivers: fully-electric vehicles and models from high-end premium segment +++ BMW brand: Global sales up +2.5%; deliveries of fully-electric vehicles increase by +40.6% +++ Higher BEV sales in all major regions of the world +++ Jochen Goller: “Delivery of one-millionth fully-electric vehicle confirms the attractiveness of our product portfolio.” +++

Munich. The BMW Group will continue its consistent ramp up of electromobility in 2024 with attractive product offerings, despite a volatile market environment. The company delivered a total of 82,700 fully-electric BMW, MINI and Rolls-Royce vehicles to customers worldwide in the first three months of the year. This represents year-on-year BEV growth of over 27.9% for the BMW Group. The increase in sales of fully-electric vehicles benefitted from a balanced performance across all major regions of the world.

“The BMW Group is continuing on its BEV growth path. With the delivery of its one-millionth fully-electric vehicle since the market launch of the BMW i3*, we have reached an important milestone that confirms the attractiveness of our product portfolio,” said Jochen Goller, member of the Board of Management of BMW AG responsible for Customer, Brands, Sales. Alongside fully-electric models, vehicles with highly-efficient combustion engines and plug-in hybrid technology remain important components of BMW Group’s drive train portfolio. “By providing a choice of drive train technologies and thanks to our high level of flexibility, the BMW Group is well-positioned to meet changing customer requirements. This strategy is now proving particularly effective in a dynamic market environment,” continued Jochen Goller.

+++ Automotive EBIT significantly higher in 2023 +++ EBIT margin of 8-10% forecast for 2024 +++ Capital expenditure to peak in 2024, as planned +++ NEUE KLASSE in the starting blocks: Testing already underway +++ BMW Vision Neue Klasse X highlights broad spectrum: NEUE KLASSE offers customers wide choice of models +++ Over two million electrified vehicles already on roads +++ Dynamic growth continues: More than 15 BEV models from all brands available in 2024 +++ EU CO₂ fleet emissions over 20% below limit in 2023 +++ Plant Munich switching to BEV-only production from 2027 +++ Zipse: “Reliable partner for customers, investors and stakeholders” +++

Munich. Strong products, strong demand, strong results: Following a successful 2023, in which the Automotive Segment reported its highest-ever operating result, the BMW Group aims to continue on its profitable growth course in the current financial year. Fully-electric vehicles (BEVs) and models from the upper premium segment should remain the main growth drivers again in 2024 – including the BMW 7 Series models, the BMW X7 and the Rolls-Royce model family, with the fully-electric Rolls-Royce Spectre*.

In both segments, the BMW Group expects to see significant double-digit growth in the current financial year. In addition, the BMW 5 Series models, including the BMW i5*, which will also be available for the first time as a fully-electric Touring model this year, plus vehicles from BMW M GmbH, will contribute as well. 

+++ Zipse: “Implementing strategy consistently and successfully” +++ Group EBT margin of 11.0% for the full year +++ Automotive EBIT margin at 9.8% in 2023 +++ Percentage of BEV deliveries of 15% in 2023, as forecast +++ EU fleet CO2 emissions at 102.1 g/km (WLTP) ‒ well below 128.5 g/km limit +++ Dividend of € 6.00 per share of common stock proposed +++

Munich. The BMW Group achieved its business objectives for financial year 2023, as forecasted. Despite strong competition and volatile conditions, the company successfully maintained its profitable growth and defended its leading position in the global premium segment: A total of 2,554,183 premium vehicles were delivered to customers in the year to the end of December (2022: 2,399,632 units / +6.4%) ‒ including 717,620 units in the fourth quarter (Q4 2022: 651,794 units / +10.1%). Deliveries for the full year had a solid increase, resulting in a market share of 3.3%.

High demand for its products was the driver for the BMW Group’s continuing strong financial performance: The Group EBT margin came in at 11.0% (2022: 16.5%; Q4: 8.6%; Q4 2022: 8.2%), above the strategic target of 10%. The EBIT margin in the Automotive Segment of 9.8% (2022: 8.6%; Q4: 8.5%; Q4 2022: 8.5%) was within the forecast target range of 9.0-10.5%.

+++ BMW Group sales reach new all-time high of 2,555,341 units in 2023 (+6.5%) +++ BMW Group BEV sales at 15%, with growth across all sales regions worldwide +++ BMW brand once again tops global premium segment in 2023; electric models see significant growth (+92.2%) +++ Rolls-Royce and Motorrad brands also report new highs +++ Jochen Goller: “Record sales for 2023 show desirability of our strong brands. Customers worldwide value our highly attractive product offering – across all drive technologies.” +++

Munich. The BMW Group delivered a total of 2,555,341 BMW, MINI and Rolls-Royce vehicles to customers last year (+6.5%) – a new all-time sales high for the company. The BMW, Rolls-Royce and BMW Motorrad brands also reported new record highs in 2023. In the fourth quarter, BMW Group sales climbed to 718,778 units, up +10.3% on the previous year.

“Thanks to close co-operation with our retail partners and driven by the strong performance of our associates, the BMW Group was able to achieve a new all-time sales high for 2023. Customers around the world appreciate our strong brands BMW, MINI, Motorrad and Rolls-Royce and in particular the choice of different drive technologies across the entire BMW Group product range“, said Jochen Goller, member of the Board of Management of BMW AG, responsible for Customer, Brands, Sales. “With our new, highly attractive and technologically outstanding vehicles, we were able to ramp up electromobility even more dynamically in 2023 and achieve the goal of 15% of total sales from fully-electric vehicles”, Goller continued.