BMW Group, Intel Corporation, Mobileye, an Intel company, and Fiat Chrysler Automobiles (FCA) signed a memorandum of understanding for FCA to join them in developing a world leading, state-of-the-art autonomous driving platform +++ The cooperation allows the companies to leverage each other’s individual strengths, capabilities and resources +++ The platform will be scalable for Level 3 to Level 4/5 automated driving
MUNICH, 16 August, 2017 – BMW Group, Intel and Mobileye announced today that they have signed a memorandum of understanding with the intention for Fiat Chrysler Automobiles (FCA) to be the first automaker to join them in developing a world leading, state-of-the-art autonomous driving platform for global deployment.
The development partners intend to leverage each other’s individual strengths, capabilities and resources to enhance the platform’s technology, increase development efficiency and reduce time to market. One enabler to achieve this will be the co-location of engineers in Germany as well as other locations. FCA will bring engineering and other technical resources and expertise to the cooperation, as well as its significant sales volumes, geographic reach and long-time experience in North America.
Krüger: Sustainability as much part of us as Sheer Driving Pleasure ++ Innovative strength will ensure mobility Made in Germany ++ Forging ahead with e-mobility at top speed ++ Cutting-edge Euro 6 diesels reduce emissions and CO2 output ++ BMW Group supports EU-wide fleet renewal and offers free upgrade for Euro 5 diesels in Germany
Munich. Sheer driving pleasure, BMW i, EfficientDynamics: at the BMW Group, emotion and sustainability go hand in hand. The company’s strength as an innovator and its consistent future focus will ensure the success of premium mobility “Made in Germany”. From electric powertrains to cutting-edge, low-emission, low-carbon diesel solutions that meet Euro 6 standards, the BMW Group sets the technological benchmark.
“Sustainability is as much a part of us as Sheer Driving Pleasure. With BMW i, we were the first German manufacturer to make a clear commitment to electric mobility,” BMW AG Management Board Chairman Harald Krüger explained. “But as well as emotion and pleasure, we are convinced that future mobility must be sustainable mobility. We are driving the transition as hard and as fast as possible and have launched more electrified vehicles than any of our established competitors.”
Growth in second-quarter revenues and earnings ++ EBIT margin in target range between 8 and 10 per cent ++ Well on track for 100,000 electrified vehicles in 2017 ++ Additional co-operation partners for autonomous driving ++ Krüger: Forging ahead with e-mobility at top speed
Munich. After another strong performance in the first half of 2017, the BMW Group remains fully committed to implementing its Strategy NUMBER ONE > NEXT with the ultimate aim of shaping the mobility of the future and the transformation of the automobile sector. As the world’s leading provider of premium mobility, the BMW Group always focuses on the needs and desires of its customers and is continuing its ground-breaking work on the four ACES topics (Autonomous, Connected, Electrified und Services/Shared).
The Group's primary focus is on expanding electric mobility and automated driving. The BMW iNEXT will set new standards in both of these fields and will act as a technological spearhead. It will be manufactured at Plant Dingolfing from 2021, underlining the significance of Germany for future technologies and as a centre of competence for electric mobility. Germany will also serve as a key location for the development of autonomous driving. As part of the co-operation arrangements established with Intel and Mobileye, the first engineers from all three companies will move to the new development campus in Unterschleißheim near Munich in the course of the current year. Moreover, one year since the co-operation began, a number of other prestigious partners including Delphi and Continental have also joined the project.
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21.03.2017 Annual Report 2016
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Balanced Sales Distribution.
BMW Group Automobiles, June 30, 2017.
MINI brand: 181,214
Rolls-Royce brand: 1,575
AUTOMOTIVE DELIVERIES BMW GROUP.
BMW, MINI & ROLLS-ROYCE.
Global Growth 5.0%. As of June 30, 2017.
SALES VOLUME OF AUTOMOBILES 1st Half 2017.
CO2 EMISSIONS OF BMW GROUP AUTOMOBILES (EU-28).
EBIT MARGIN AUTOMOTIVE SEGMENT.
BMW GROUP TARGET 8-10%
EBIT automotive segment 7,836 mn. €
EBIT automotive segment 7,695 mn. €
EBIT automotive segment 4,109 mn. €
CAPITAL EXPENDITURE RATIO.
BMW GROUP TARGET <5%
Capital expenditure* 3,826 mn. €
Capital expenditure* 3,731 mn. €
Capital expenditure* 1,460 mn. €
RESEARCH & DEVELOPMENT RATIO (HGB).
BMW GROUP TARGET 5-5.5%
Research and development expenditure (HGB) 5,169 mn. €
Research and development expenditure (HGB) 5,164 mn. €
Research and development expenditure (HGB) 2,650 mn. €