Show an overview of the topics on this page for selection.Do not show
Show an overview of the topics on this page for selection.
Keeping you informed.
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.
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.
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.
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.
Worldwide 2,367,603 vehicles delivered, up 5.3% ++ BMW, MINI and BMW Motorrad all achieve new sales records ++ BMW annual sales top 2 million for the first time, up 5.2% ++ MINI sales top 360,000 vehicles for first time, up 6.4% ++ Over 62,000 electrified vehicles sold in 2016 ++ More than 1 million vehicles delivered in Europe ++ Over half a million vehicles sold in Mainland China
Detroit / Munich. The BMW Group achieved its best ever sales in 2016, the sixth year in a row the company has set a new sales record, maintaining its position as the world’s leading premium car company with its three brands, BMW, MINI and Rolls-Royce. Having recorded steady sales growth throughout the year, a total of 2,367,603 BMW Group vehicles were sold around the world in 2016, an increase of 5.3% compared with the previous year.
“As our model line-up has expanded, so have our sales, making 2016 our most successful year ever,” commented Dr Ian Robertson, Member of the BMW AG Board of Management with responsibility for Sales and Marketing BMW, speaking at the North America International Motor Show in Detroit. “Despite headwinds in some markets, our policy of balanced global sales has paid off, as we increased our worldwide sales month by month,” he continued. “The sales development of our electrified vehicles has been particularly positive, with more than 62,000 delivered in 2016. I am confident we can continue this momentum and build on our course of profitable, sustainable growth into 2017,” he added.
Worldwide 209,743 vehicles delivered, up 6.2% ++ Year-to-date sales increase 5.8%: 2,152,393 vehicles sold ++ BMW year-to-date deliveries up 5.6% to 1,824,490 ++ MINI sales climb 7.4% in first eleven months: 324,417 delivered ++ 55,000 electrified BMWs sold in year-to-date
Munich. Sales of BMW Group vehicles achieved a new record for November with total sales of 209,743 units, an increase of 6.2% on the same month last year. This result brings the year-to-date sales total to 2,152,393, an increase of 5.8% compared with the same period last year.
“We have achieved yet another month of solid growth across all the BMW Group’s premium brands,” said Dr Ian Robertson, Member of the BMW AG Board of Management with responsibility for Sales and Marketing BMW. “We have grown our sales every month since November 2011 – five years of continuously increasing sales, in line with the expansion of our model range. The addition of our electrified vehicles has made a significant contribution to that growth and that segment is growing month for month,” he added.
Joint Venture to deploy a high-powered DC charging network for battery electric vehicles (BEV) covering long-distance travel routes in Europe ++ Power levels up to 350 kW significantly reduce charging time compared to available systems ++ Build-up of about 400 ultra-fast charging sites planned in Europe ++ Network is based on the Combined Charging System (CCS) standard which uses a connector that is fully compatible with most current and next generations BEVs ++ Unprecedented collaboration of the automakers would form a brand-independent network for charging infrastructure
Stuttgart, November 29, 2016 – BMW Group, Daimler AG, Ford Motor Company and Volkswagen Group with Audi and Porsche have signed a Memorandum of Understanding to create the highest-powered charging network in Europe. The goal is the quick build-up of a sizable number of stations in order to enable long-range travel for battery electric vehicle drivers. This will be an important step towards facilitating mass-market BEV adoption.
The projected ultra-fast high-powered charging network with power levels up to 350 kW will be significantly faster than the most powerful charging system deployed today. The build-up is planned to start in 2017. An initial target of about 400 sites in Europe is planned. By 2020 the customers should have access to thousands of high-powered charging points. The goal is to enable long-distance travel through open-network charging stations along highways and major thoroughfares, which has not been feasible for most BEV drivers to date. The charging experience is expected to evolve to be as convenient as refueling at conventional gas stations.
Worldwide 196,002 vehicles delivered, up 2.3% ++ Year-to-date sales rise 5.8%: 1,942,642 vehicles sold ++ BMW year-to-date deliveries up 5.5% to 1,646,743 ++ MINI sales up 7.3% in first ten months: 292,823 delivered ++ 100,000th electrified BMW delivered since launch of BMW i
Munich. Sales of BMW Group vehicles were higher than ever before in October, with total sales of 196,002 units, an increase of 2.3% on the same month last year. This result brings the year-to-date sales total to 1,942,642, an increase of 5.8% compared with the first ten months of last year.
“All the BMW Group’s premium brands have contributed to this latest set of record sales results and I am confident this will continue as we head towards year-end,” said Dr Ian Robertson, Member of the BMW AG Board of Management with responsibility for Sales and Marketing BMW. “We’ve just seen the sale of our 100,000th electrified vehicle, underlining our success in the increasingly important electro-mobility segment,” he continued. “Our strategy of flexible, global sales enabled us to offset headwinds in some markets by strengthening sales in other regions, ensuring that profit can remain our focus worldwide.”
Third quarter: Net profit up 15 percent ++ Automotive segment: EBIT margin remains in target range ++ Full year 2016: Forecast reaffirmed ++ E-mobility: Over 100,000 electrified BMW vehicles on the streets today ++ E-mobility: BMW Group to expand electrification of core brands to include MINI and BMW X3 battery versions
Munich. The BMW Group continued to chart a course of profitable growth in the third quarter 2016 and revealed how the next stages of its Strategy Number ONE > NEXT will be implemented. As the world’s leading provider of premium products and services for individual mobility, the BMW Group recorded its best ever third quarter sales volume and net profit figures. The company also published details regarding the second phase of its electrification strategy.
“We posted new record earnings and continued to grow profitably – thereby maintaining a strong basis for the consistent implementation of our strategy,” said Harald Krüger, Chairman of the Board of Management of BMW AG, on Friday. “We are already achieving measurable success in the areas in which the entire sector is judged, namely our successful electrification strategy, with more than 100,000 electric vehicles on the roads already today, and our consistent achievement of high profitability, which enables us to finance future investments from our own resources.”
Worldwide sales total 237,973, increase of 10.5% ++ Year-to-date sales up 6.2%: 1,746,638 vehicles delivered ++ BMW deliveries increase 9.4% in September: 197,419 vehicles ++ MINI’s best-ever month: 40,164 units sold, increase of 16.1% ++ Rolls-Royce achieves record third-quarter sales ++ BMW Motorrad sales reach new year-to-date high ++ Sales of BMW electrified models top 40,000 in year-to-date
Munich. The BMW Group achieved a worldwide double-digit sales increase in September, continuing the company’s long-term upward sales trend and securing a new record for the month. A total of 237,973 vehicles were delivered to customers around the world, an increase of 10.5% on the same month last year. This result brings the year-to-date sales total to 1,746,638 – up 6.2% compared with the same period last year and the company’s best ever sales result for the first three quarters of the year.
“Once again, the BMW Group has delivered strong sales growth across the company’s line-up,” commented Dr Ian Robertson, Member of the BMW AG Board of Management with responsibility for Sales and Marketing BMW. “Demand for our premium models continues to grow around the world and in all vehicle classes. Customer interest in our broad range of electrified models is also stronger than ever, with a clear upward trend. Our policy of balanced global sales continues to deliver sustainable success and profitability remains our primary focus,” Robertson added.
Munich. The BMW Group has bestowed its fourth BMW Supplier Innovation Award. A total of six suppliers were honoured for their outstanding achievements in innovation and development.
Innovation lays the foundation for the BMW Group’s economic success and future competitiveness. Suppliers are key partners in this process and play a decisive role in the implementation of new developments. Innovative strength and collaborative partnerships with suppliers are highly valued by the BMW Group and recognised with this award.
Klaus Draeger, member of the Board of Management of BMW AG, responsible for Purchasing and Supplier Network, underlined the future importance of new technologies at the award ceremony in the BMW Welt. Speaking to the audience of 300 senior representatives of the international supplier industry he said: “Within two to three decades, mobility will be defined by sustainability, connectivity and automated driving. Innovations will be more important than ever going forward – especially since premium vehicles with strong emotional appeal depend on them. The only way to assure and strengthen our innovation capability is through close links with our suppliers and development partners.”
AUDI AG, BMW Group, Daimler AG, Ericsson, Huawei, Intel, Nokia and Qualcomm Incorporated team up to evolve, test and promote communications solutions for connected mobility ++ Next generation mobile networks will help to address society’s mobility and road safety needs with applications like connected infotainment features and connected automated driving ++ The association is open to further partners
Munich. Today AUDI AG, BMW Group, Daimler AG, Ericsson, Huawei, Intel, Nokia and Qualcomm Incorporated, announce the formation of the “5G Automotive Association”. The association will develop, test and promote communications solutions, support standardization and accelerate commercial availability and global market penetration. The goal is to address society’s connected mobility and road safety needs with applications such as connected automated driving, ubiquitous access to services and integration into smart cities and intelligent transportation.
With next generation 5G mobile networks and continued strong LTE evolution, which includes Cellular Vehicle-to-everything (C-V2X) communication, the focus of information and communication technologies (ICT) shifts towards the Internet of Things and the digitalization of industries.
The Board of Management of BMW AG has decided to strategically realign its automobile racing activities. In doing so, the company is setting course for a future BMW Group motorsport programme that is as extensive as it is diversified. The commitments contribute to BMW M, BMW i and MINI. The threads for the development of the cars and their race outings will henceforth come together in BMW Group Motorsport.
This realignment, which comes seven years after the withdrawal from Formula One and four years after returning to the DTM, once again ensures that the BMW Group addresses important topics in the ever-changing world of motorsport, is even more broadly positioned, and can thus address different target groups around the world. Classic motor racing and sustainability both play key roles, in order to inspire fans of sporty driving at racetracks all over the planet. The strong pillars of the programme for the coming years will be the DTM, the FIA World Endurance Championship (WEC), the IMSA WeatherTech SportsCar Championship (IWSC), the cooperation with Andretti Formula E in the FIA Formula E Championship, the customer racing programme in the GT3 and GT4 categories, the promotion of talented young drivers, and the extremely challenging Dakar Rally.
The focus on production-based motor racing, which was decided upon in 2009, will be further intensified. The commitments in the DTM and the IMSA WeatherTech SportsCar Championship continue, and it is also planned to race in the WEC with a new GT car. The BMW M4 GT4 will join the range of models in the customer racing portfolio. BMW will also work closely with US racing legend Michael Andretti’s (US) team in the FIA Formula E Championship – the world’s leading racing series for electric cars. As cooperation partner of Andretti Formula E, BMW Motorsport will cooperate closely with the team, in order to familiarise itself with processes in this innovative series, and to check the possibility of a works involvement in the future. At the same time, BMW i remains the “Official Vehicle Partner” of Formula E. Ever since the inaugural season of the series in 2014/15, the BMW i8 Safety Car has taken to the track in Formula E as a high-performance and efficient lead car. Furthermore, MINI’s successful cooperation with Sven Quandt’s X-raid team at the Dakar Rally will also continue.
Worldwide 165,431 vehicles delivered, up 5.7% ++ Year-to-date sales rise 5.5%: 1,508,659 vehicles sold ++ BMW deliveries up 5.0% in August: 142,554 vehicles ++ MINI sells 22,575 in August, increase of 10.3% ++ Europe and Asia maintain strong growth ++ YTD sales of BMW electrified models already exceed 2015 total
Munich. BMW Group sales continued their long-standing upward trend in August with a total of 165,431 vehicles delivered to customers around the world, an increase of 5.7% on the same month last year. This result brings the year-to-date sales total to 1,508,659 – up 5.5% compared with the same period last year and the first time ever the company has sold over one and a half million vehicles in the first eight months of a year.
"The BMW Group’s ongoing sales success across all our premium brands underlines the strength of our product line-up," said Dr Ian Robertson, Member of the BMW AG Board of Management with responsibility for Sales and Marketing BMW. "Sales are increasing across the range and our electrified models are proving extremely popular – we’ve already sold more alternative drive vehicles this year than in the whole of 2015," he continued.
180,080 automobiles delivered worldwide, up 4.0% ++ Year-to-date sales increase 5.5%: 1,343,217 vehicles sold ++ BMW deliveries up 4.0% in July: 153,392 vehicles worldwide ++ MINI sells 26,439 in July, up 4.0% ++ Europe and Asia continue strong growth trend ++ BMW’s electrified models exceed expectations
Munich. BMW Group achieved a new July sales record with a total of 180,080 vehicles delivered to customers around the world, an increase of 4.0% on the same month last year. Coming off the back of a record first half-year, this solid start to the third quarter sees year-to-date sales climb 5.5% with 1,343,217 vehicles delivered worldwide.
“The BMW Group continues to deliver sustainable, profitable sales growth month after month,” said Dr Ian Robertson, Member of the BMW AG Board of Management with responsibility for Sales and Marketing BMW. “While we see growth across our range, the fact that the planned production for our electrified 7 Series, 3 Series and 2 Series Active Tourer models is already sold out this year demonstrates our strategy of rolling out electrification on all models is the right one. We will, of course, now respond to this high customer demand,” he continued.
Second quarter: sales volume and earnings at record levels ++ Sustainable profitability: 25th consecutive quarter to achieve automotive segment EBIT margin within target range of between 8 and 10% or higher ++ BMW Group reaffirms outlook for full year 2016 ++ Strong demand for BMW i and BMW iPerformance models ++ Cooperation with Intel and Mobileye underlines drive to lead the field of automated driving
Munich. The BMW Group continued its course of profitable growth during the second quarter of 2016, whilst also taking important decisions for the future in line with its Strategy Number ONE > NEXT. As the world’s leading provider of premium products and services for individual mobility, the BMW Group recorded its best ever quarterly sales volume and net profit figures between April and June. The partnership with Intel and Mobileye underlines the BMW Group’s ambition to play a leading role in developing safe and reliable automated driving.
“We sold more vehicles in the second quarter than ever before and achieved record earnings. We are growing profitably while simultaneously implementing our strategy step by step,” stated Harald Krüger, Chairman of the Board of Management of BMW AG, on Tuesday. “Sustainable profitability on this scale provides us with the financial headroom we need to pursue our work on future technologies such as electric mobility and automated driving. For me, there is no “either/or” between the present and the future. The strength of today’s core business is the cornerstone for tomorrow’s success.”
227,849 automobiles sold worldwide, up 9.1% ++ Year-to-date sales up 5.8% with 1,163,139 vehicles delivered ++ BMW sales up 9.7% in June: 189,097 vehicles sold ++ MINI delivers 38,282 in June, increase of 6.3% ++ Double-digit growth in Asia and Europe ++ Over 6,000 new BMW 7 Series sold in June ++ BMW iPerformance records strong sales in Europe
Munich. Sales at the BMW Group set a new June record with a total of 227,849 vehicles delivered to customers around the world, an increase of 9.1% on the same month last year. This latest record month means that the company has achieved its best ever first half-year sales: year-to-date deliveries are 5.8% up on the same period last year with a total of 1,163,139 vehicles sold.
“With our three premium brands, we’ve achieved good first half-year growth, with sales in Europe and Asia showing particularly strong results,” said Dr Ian Robertson, Member of the BMW AG Board of Management with responsibility for Sales and Marketing BMW. “Our focus continues to be on ensuring sustainable, profitable growth in sales and despite headwinds in some markets, our June results confirm that we are achieving just that,” he continued.
Fleets of fully autonomous cars as basis for new mobility services in urban environments ++ BMW Group, Intel and Mobileye are creating an open platform for the next generation of cars to create the safest autonomous platform, from door locks to the datacenter ++ The three companies share a common vision and goal, to align the industry on a standards-based platform to quickly bring autonomous vehicles to market
Munich – July 1, 2016. BMW Group, Intel, and Mobileye are joining forces to make self-driving vehicles and future mobility concepts become a reality. The three leaders from the automotive, technology and computer vision and machine learning industries are collaborating to bring solutions for highly and fully automated driving into series production by 2021.
The future of automated driving promises to change lives and societies for the better. But the path to get to a fully autonomous world is complex and will require end-to-end solutions that integrate intelligence across the network, from door locks to the data center. Transportation providers of the future must harness rapidly evolving technologies, collaborate with totally new partners, and prepare for disruptive opportunities.
Best May ever: 198,354 automobiles sold worldwide, up 5.3% ++ Year-to-date sales up 5.0% with 935,288 vehicles delivered ++ BMW sales up 5.0% in year-to-date: 797,457 vehicles sold ++ MINI delivers 136,617 cars in first five months, up 5.2% ++ Mainland China grows 7.1% in May: 40,123 vehicles sold ++ Strong Plug-in Hybrid sales in Europe
Munich. The BMW Group achieved its best-ever May in terms of sales with a total of 198,354 vehicles delivered to customers around the world, an increase of 5.3% on the same month last year. This continuing growth means the company’s automotive sales in the year-to-date are 5.0% higher than at the same point in the year in 2015, with a total of 935,288 vehicles sold globally so far this year.
"Our sales continue to show sustainable growth, well in line with our expectations," said Dr Ian Robertson, Member of the BMW AG Board of Management with responsibility for Sales and Marketing BMW. "Our target is to ensure profitable growth in sales and thanks to our attractive model line-up, that’s what we are achieving," he continued.
Record sales for BMW, MINI, BMW Motorrad ++ BMW Group automobile sales up 1.9% in April: 179,285 units ++ Year-to-date sales total 736,931, up 4.9% ++ Europe and Asia lead sales growth in first four months ++ BMW i3 sales up 50.7% on same month last year ++ Strong start for BMW X5 Plug-in Hybrid
Munich. April saw the BMW Group’s steady growth in sales continue with BMW, MINI and BMW Motorrad all achieving new records. In April, a total of 179,285 BMW Group automobiles were delivered to customers around the world, an increase of 1.9% on the same month last year. This on-going, sustainable growth is reflected in the year-to-date figures, with a total of 736,931 BMW Group vehicles sold in the first four months of 2016, 4.9% more than in the same period last year.
“Following on from our best-ever sales month in March, we have once again achieved sustainable and profitable levels of growth across the BMW Group product line-up,” said Dr Ian Robertson, member of the Board of Management of BMW AG responsible for sales and marketing BMW. “Despite headwinds in some markets, the overall global picture remains positive for the year,” he added.
New sales volume and earnings records in first quarter ++ Profit before tax 4.4% higher at € 2.37 billion ++ EBIT margin of 9.4% in Automotive segment ++ Group net profit up by 8.2% to € 1.64 billion ++ BMW Group reaffirms outlook for full year 2016
Munich. The BMW Group continued to steer a successful course at the beginning of an important year of centenary celebrations by posting new highs for sales volume and earnings in the first quarter of 2016.
“Our first-quarter performance is further proof of our ability to generate positive earnings with our core business, despite a volatile environment,” stated Harald Krüger, Chairman of the Board of Management of BMW AG, on Tuesday. “The decisive factor for us is not short-term profit but sustainable, profitable growth. From this position of strength, we intend to play a pioneering role in transforming and shaping the world of individual mobility going forward.” The BMW Group presented its Strategy Number ONE > NEXT in March, setting the framework for its continued commitment to drive the change of the future mobility.
BMW delivers over 200,000 vehicles for first time in single month ++ MINI achieves all-time record monthly sales ++ BMW Group sales grow 3.5% in March to total 240,659 ++ Year-to-date sales total 557,605, up 5.9% ++ First three months’ sales in Europe up 9.5%; Asia +10.0% ++ BMW Motorrad sales achieve new monthly record
Munich. March 2016 saw the BMW Group sell more vehicles than in any other single month in the company’s 100 year history. A total of 240,659 BMW, MINI and Rolls-Royce vehicles were handed over to customers around the world, an increase of 3.5% on the same month last year. In the first three months of the year, sales increased 5.9%, totalling 557,605 vehicles.
“March 2016 has been the best single month ever for BMW Group sales and I’m delighted to see that our innovative product range is enabling us to achieve ongoing, sustainable and profitable growth,” said Dr Ian Robertson, member of the Board of Management of BMW AG responsible for sales and marketing BMW. “Globally, I am confident that we will see this positive trend continue through the year,” he added.
Seattle. Under the new brand name “ReachNow”, BMW Group is launching an enhanced car sharing service in Seattle (USA) today. The programme is based on the successful business model currently operating in Europe under the name “DriveNow”. Customers in the USA will soon be able to choose further future-oriented services for bespoke individual mobility. ReachNow is starting in Seattle with an initial fleet of 370 BMW and MINI vehicles. 20 percent of the entire fleet is made up of BMW i3 electric vehicles. In addition to Seattle, ReachNow will be expanded into further cities in the USA.
This move is in line with the company’s strategy NUMBER ONE > NEXT, as outlined by BMW AG Management Board Chairman Harald Krüger three weeks ago. The strategy states that the development of customer-oriented mobility services will be one of the company’s central business fields in the years ahead.
BMW Group to expand BMW i product range +++ New BMW iNEXT to set standards for future technologies +++ Project i 2.0 will ensure leading role in automated driving +++ Digital services make mobile life easier for customers +++ New luxury-class models planned for most profitable segments +++ Profitability remains key focus – targets set until 2020 +++ Harald Krüger: combining operational excellence and new ways of thinking
Munich. Following its sixth record-breaking year in succession, the BMW Group has revealed initial details of its new strategy. With its Strategy NUMBER ONE > NEXT, the world’s leading provider of premium products and services for individual mobility is setting out the framework to shape change in the automobile sector. The BMW Group intends to remain the driving force behind premium individual mobility. With a clear focus on people and their environment, the BMW Group aims to deliver solutions that are both ground-breaking and responsible.
“Throughout its 100-year history, the BMW Group has always reinvented itself. As a pioneer of new technologies, the company has shaped change, within both the industry and the world of mobility,” commented Harald Krüger, Chairman of the Board of Management of BMW AG, at the Annual Accounts Press Conference in Munich on Wednesday. “We are setting the standard with our Strategy NUMBER ONE > NEXT, both now and in the future. We will lead the BMW Group into a new era, one in which we will transform and shape both individual mobility and the entire sector in a permanent way.”
Munich. The BMW Group is set to continue its success story in 2016. “We are targeting new highs for sales volume and group profit before tax,” stated Harald Krüger, Chairman of the Board of Management of BMW AG at the Annual Accounts Press Conference in Munich on Wednesday. The BMW Group also expects to remain the world's leading premium manufacturer of vehicles in 2016.
Group profit before tax is forecast to improve slightly. The BMW Group benefits from its strong brands, attractive product range and the expectation that international automobile markets will continue their generally upward trend. These favorable factors contrast with rising personnel expenses, intense competition and high levels of upfront expenditure for new technologies. The global political and economic environment is also expected to remain volatile.
Monthly sales grow 7.9% to total 163,965 worldwide +++ Year-to-date sales total 316,846, up 7.7% +++ BMW ytd deliveries increase 8.3% with 277,304 units sold +++ MINI ytd sales total 39,237, up 4.1% +++ Year-to-date sales in Europe up 11.4%; Asia increases 12.1% +++ BMW Motorrad delivers 17,323 units in year-to-date, up 12.1%
Munich. In its centenary year, the BMW Group continues to grow its global sales. February saw a new record number of customer deliveries with a total of 163,965 BMW, MINI and Rolls-Royce vehicles handed over to customers around the world, an increase of 7.9% on the same month last year. In the year-to-date, 316,846 units have been sold, an increase of 7.7% compared with the same period last year.
“As we activate our year of centenary events, I’m delighted that our sales continue to grow at a sustainable rate,” said Dr Ian Robertson, member of the board of management of BMW AG responsible for sales and marketing BMW. “As we expected, we are seeing tailwinds in some markets but headwinds in others. However with our innovative new models, we remain optimistic that we will continue to achieve steady sales growth as the year progresses,” he added.
New highs for sales volume, revenues and profit before tax +++ BMW Group achieves targets for financial year 2015 +++ Group revenues up 14.6% to € 92.2 billion +++ Group profit before tax exceeds 9 billion euros for first time +++ EBIT margin Automobile segment of 9.2% within target range +++ Group net profit increased by 10% to € 6.4 billion +++ Record dividend: € 3.20 per share of common stock proposed +++ Associate bonus paid highest in German premium auto industry
Munich. The BMW Group achieved its sixth record-breaking year in succession in 2015, posting new highs to date for sales volumes, revenues and profit before tax, despite a volatile market environment.
"We have met all of our ambitious targets for the financial year", stated Harald Krüger, Chairman of the Board of Management of BMW AG on Wednesday in Munich. “With another set of impressive figures in its centenary year, the BMW Group remains the world's leading provider of premium vehicles and mobility services.”
2016 sees the BMW Group celebrate its centenary under the motto THE NEXT 100 YEARS. Throughout its history, the company’s image has been defined by a future focus and pioneering action – all made possible by its extraordinary team of employees, who share a fascination for mobility which is integral to all our lives.
“At the BMW Group, we are always on a quest for the best solution. It’s part of our DNA,” said Harald Krüger, Chairman of the Board of Management of BMW AG, at the Centenary Event in Munich on Monday. “It’s also the spirit of our collaborations, a recurring theme that permeates our corporate and leadership culture.”
To mark its centenary year, the BMW Group is enhancing its commitment to social responsibility. The capital of its foundation, BMW Foundation Herbert Quandt, will be increased by €50 million to a total of €100 million. In addition, annual donations will be made to support project work. In 2016 the donation will amount to another €5 million. Further financing will be provided by major shareholders Stefan Quandt and Susanne Klatten, who will support the foundation’s project work with an additional €30 million.
First month sees sales grow 7.5% to total 152,879 worldwide +++ BMW delivers 133,883 units – increase of 7.5% +++ New BMW X1 grows sales 60.4% +++ New BMW 7 Series: sales increase 26.3% +++ MINI sales climb 8.6% to total 18,867 +++ MINI 5 door deliveries up 49.2% on previous year +++ Sales in Europe and Asia increase by around 10% +++ BMW Motorrad sales grow 19.6% with 7,488 units delivered +++
- First month sees sales grow 7.5 % to total 152,879 worldwide
- BMW delivers 133,883 units – increase of 7.5 %
- New BMW X1 grows sales 60.4 %
- New BMW 7 Series: sales increase 26.3 %
- MINI sales climb 8.6 % to total 18,867
- MINI 5 door deliveries up 49.2 % on previous year
- Sales in Europe and Asia increase by around 10 %
- BMW Motorrad sales grow 19.6 % with 7,488 units delivered
Full-year sales up 6.1% to total 2,247,485 +++ 2015 was BMW and MINI’s most successful year ever +++ BMW sales increase 5.2% to total 1,905,234 +++ MINI sales achieve 12.0% increase to total 338,466 +++ Around 30,000 BMW i vehicles sold in 2015 +++ Deliveries increased in all major sales regions +++ Almost one million vehicles sold in Europe +++
2015 was the most successful year ever for the BMW Group with annual sales setting a new record for the fifth year in a row. A total of 2,247,485 BMW, MINI and Rolls-Royce vehicles were delivered to customers around the world last year, an increase of 6.1 % on the previous year. December 2015 saw 213,537 BMW, MINI and Rolls-Royce vehicles sold (-0.8 %).
- Full-year sales up 6.1 % to total 2,247,485
- 2015 was BMW and MINI’s most successful year ever
- BMW sales increase 5.2 % to total 1,905,234
- MINI sales achieve 12.0 % increase to total 338,466
- Around 30,000 BMW i vehicles sold in 2015
- Deliveries increased in all major sales regions
- Almost one million vehicles sold in Europe
With the end of the year fast approaching, it is apparent that the BMW Group’s production network will be posting new record highs for the business year 2015. Due to the high customer demand and the launch of numerous new models, such as the new BMW 7 Series, the international plant network has shown an excellent capacity utilization. Oliver Zipse, Member of the Board of Management of BMW AG, Production, is satisfied with the performance: “The BMW Group’s two-millionth car rolled off the assembly lines back in November. And 2015 marks the fifth time in a row that our German plants have produced well over one million vehicles a year.”
- Sales up 4.9 % to total 197,480
- Over 2 million vehicles delivered so far in 2015
- Year-to-date increase of 6.9 %
- BMW i sales top 25,000 worldwide
- Monthly sales of MINI 5 door double year-on-year
AUDI AG, BMW Group and Daimler AG successfully conclude HERE acquisition +++ HERE as leading provider of technology for digitized world of mobility +++ Data from vehicle sensors to accelerate development of open location platform +++ HERE to expand business in all areas and win further customers beyond automotive +++ Shareholders open to other partners and investors from all industries +++
- AUDI AG, BMW Group and Daimler AG successfully conclude HERE acquisition
- HERE as leading provider of technology for digitized world of mobility
- Data from vehicle sensors to accelerate development of open location platform
- HERE to expand business in all areas and win further customers beyond automotive
- Shareholders open to other partners and investors from all industries
Our news contacts are happy to assist you.
News contact (for members of the media):
Media website: www.press.bmwgroup.com