BMW, MINI and Rolls-Royce sales total 183,487, up 1.3% +++ BMW brand sales up 1.6% with 157,062 delivered to customers +++ BMW X vehicles grow sales 27.2% +++ Double-digit growth for BMW i3 sales +++ Nota: “Our model roll-out continues to have a positive impact”
Munich. BMW Group sales continued their positive trend in July: worldwide deliveries were up 1.3% on the same month last year, with a total of 183,487 premium BMW, MINI and Rolls-Royce vehicles sold. This brings the company’s total sales for the year to date to 1,436,382 (+0.9%). This growth was achieved despite ongoing volatility in several markets around the world.
“In a highly competitive and challenging global market, our new model rollout continues to have a positive impact on our sales result, with new highs recorded both in the month and the year to date. This year, the BMW brand is launching 21 new or revised models and those already on the market are proving very popular with customers,” said Pieter Nota, member of the BMW AG Board of Management responsible for Customer, Brands and Sales. “Sales of our BMW X vehicles are up over 27% in July; the launch of the new BMW X6 later this year is the final step in the complete renewal and expansion of this hugely successful range of vehicles. Meanwhile the pioneering BMW i3 is more popular than ever, with sales achieving double-digit growth once again in July.”
Krüger: "We deliver on our promises" +++ BMW brand clear leader in global premium segment in June +++ Bucking the trend: Retail sales and market share increased +++ Automotive segment EBIT margin improved in Q2 +++ BMW Group accelerates pace of e-mobility activities +++ Further increase in upfront expenditure for mobility of the future
Munich. The BMW Group's operations remained well on course during the second quarter, despite a challenging market environment. In line with forecast, the Group achieved an improvement in both earnings and profitability compared to the first quarter and confirms its targets for the financial year 2019.
Against the prevailing market trend, in the first half of the year the BMW Group delivered more vehicles to customers than ever before, thereby gaining segment share in key markets. With its attractive, rejuvenated range of models, the BMW brand finished with a clear lead in the premium segment in June.
Zipse to assume new role on 16 August 2019
Munich. Oliver Zipse will assume the role of Chairman of the Board of Management of BMW AG effective on 16 August 2019. The company’s Supervisory Board made this decision today during its meeting in Spartanburg, South Carolina (USA). Zipse will succeed Harald Krüger, who informed the Chairman of the Supervisory Board at the beginning of July that he would not seek a second term of office. Krüger will resign as Chairman and will leave the Board of Management by mutual agreement on 15 August 2019.
“With Oliver Zipse, a decisive strategic and analytical leader will assume the Chair of the Board of Management of BMW AG. He will provide the BMW Group with fresh momentum in shaping the mobility of the future,” said Dr Norbert Reithofer, Chairman of the Supervisory Board of BMW AG. Zipse, the designated Chairman of the Board of Management, has been a member of the Board of Management of BMW AG since 2015 and is currently responsible for the production division. He began his professional career in the company in 1991 as a Trainee and has since held various management positions, including as Managing Director Plant Oxford and Senior Vice President Corporate Planning and Product Strategy.
Balanced Sales Distribution in all major regions.
BMW Group sales volume in H1-2019.
MINI brand: 174,344
Rolls-Royce brand: 2,534
AUTOMOTIVE DELIVERIES BMW GROUP.
BMW, MINI & ROLLS-ROYCE.
Global Growth 0.8% as of 30 June 2019.
SALES VOLUME OF AUTOMOBILES in H1-2019.
CO2 EMISSIONS OF BMW GROUP AUTOMOBILES (EU-28).
EBIT MARGIN AUTOMOTIVE SEGMENT.
BMW GROUP long-term TARGET 8-10%
EBIT automotive segment 6,182 mn. €
EBIT automotive segment -310 mn. €
EBIT automotive segment 1,469 mn. €
CAPITAL EXPENDITURE RATIO.
BMW GROUP TARGET <5%
Capital expenditure* 5,029 mn. €
Capital expenditure* 999 mn. €
Capital expenditure* 1,176 mn. €
RESEARCH & DEVELOPMENT RATIO (HGB).
BMW GROUP long-term TARGET 5-5.5%
Research and development expenditure (HGB) 6,890 mn. €
Research and development expenditure (HGB) 1,353 mn. €
Research and development expenditure (HGB) 1,477 mn. €
DIVIDEND FOR THE FINANCIAL YEARS 2015 – 2018.
(PER ORDINARY STOCK IN €)
OUTLOOK FOR THE BMW GROUP IN 2019.
- Profit before tax: significant decrease.
- Workforce size at year-end: in line with last year's level.
- Deliveries to customers: slight increase.
- Carbon fleet emissions (EU-28): slight reduction.
- EBIT margin: between 4.5 and 6.5%.
- Return on capital employed: significant decrease.
- Deliveries to customers: solid increase.
- EBIT margin: in target range between 8 and 10%.
- Return on capital employed: solid increase.
FINANCIAL SERVICES SEGMENT.
- Return on equity (RoE): in line with last year's level.
Outlook in accordance with DRS 20.
|Key performance indicators||In line with last year's level||slight increase||solid increase||significant increase|
|Relative numbers||[-0.9 pp/+0.9 pp]||
[+1.0% pp/+4.9 pp]
|[+5.0 pp/+9.9 pp]||
|Key performance indicators||In line with last year's level||slight decrease||moderate decrease||significant decrease|
|Relative numbers||[-0.9 pp/+0.9 pp]||
[-1.0% pp/-4.9 pp]
|[-5.0 pp/-9.9 pp]||