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Robust results within full-year guidance: BMW Group has a successful start to 2024

08.05.2024Press Release

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+++ 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 +++

Corporate Finance, Facts, Figures
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Corporate
 

First design studies for Julie Mehretu's BMW Art Car revealed. World premiere at the Centre Pompidou Paris in May 2024. Her BMW M Hybrid V8 to race at the 24 Hours of Le Mans in June. Announcement of the international driver team and starting number. Workshops with artists in various African cities.

08.02.2024Press Release

Julie Mehretu presents her first design studies for the 20th BMW Art Car. For this project, the internationally renowned artist combines her artistic work with a personal enthusiasm for automotive design and speed. She translates dynamism into form and applies one of her monumental motifs from a two-dimensional picture plane onto a three-dimensional industrially designed object.

Corporate
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Cultural Issues
 

BMW Group continues to reduce EU CO2 fleet-wide emissions in 2023

30.01.2024Press Release

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+++ Lowest-ever absolute CO2 fleet emissions values for BMW Group in Europe +++ Significantly outperformed EU legal requirements +++ BMW Group on track to meet company-wide CO2 reduction targets by 2030 +++

Corporate Finance, Facts, Figures
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Corporate
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Sustainability
 

A successful 2023: BMW Group posts record sales, meets ambitious e-mobility growth targets

09.01.2024Press Release

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+++ 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.”

Corporate Finance, Facts, Figures
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Corporate
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Sales and Marketing
 

“Dynamism within a form”: Internationally renowned artist Julie Mehretu will create the 20th BMW Art Car. Traditional link between racing and art continues with the start of the BMW M Hybrid V8 at the 24 Hour race of Le Mans in 2024.

29.06.2023Press Release

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BMW announced a collaboration today at the Solomon R. Guggenheim Museum in New York City with internationally renowned New York-based artist Julie Mehretu to create the 20th BMW Art Car. Mehretu was unanimously chosen by an international jury of museum directors and curators, and will be given total creative freedom to design the next instalment in BMW’s legendary collection of ”rolling sculptures”.

Corporate
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Cultural Issues
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Art Car
 

BMW Group achieves healthy margins in volatile environment thanks to high demand

08.05.2023Press Release

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+++ Zipse: “Our compelling products inspire customers all over the world” +++ Group EBT margin at 13.9% +++ Automotive EBIT margin climbs to 12.1% +++ Free cash flow of around € 2 billion in Auto Segment +++ Sales of BMW BEVs up 112% +++ 2023 Guidance confirmed in continuing volatility +++

Corporate Finance, Facts, Figures
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Corporate
 

BMW Group expects profitable growth in 2023 – through dynamic BEV ramp-up and high-end premium segment

15.03.2023Press Release

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Zipse: “Proven strengths, future-oriented technologies and NEUE KLASSE as a recipe for success” ++ EBIT margin for 2023 expected within 8-10% range ++ High demand: 15% BEV share in 2023 ++ Dynamic BEV growth in coming years ++ Double-digit growth in high-end segment in 2023 ++ Further decrease in CO₂ emissions planned for 2023 ++ Concrete outlook for NEUE KLASSE – plants, models ++ More details on NEUE KLASSE at IAA Mobility ++

Corporate Finance, Facts, Figures
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Corporate
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Corporate Events
 

BMW Group stays on track for success in 2022: Maintains No. 1 position in global premium segment, doubles electric sales

10.01.2023Press Release

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Archive

BMW Group sold 2,399,636 units (-4.8%) +++ BMW brand maintained No. 1 position in global premium segment +++ Sales of fully-electric vehicles more than doubled to 215,755 units (+107.7%) +++ Sales up +10.6% in fourth quarter of 2022 +++ MINI Electric* is best-selling MINI model variant +++ Pieter Nota: “Next milestone for 2023: 15% of total sales from fully-electric vehicles” +++

Sales and Marketing
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Corporate Finance, Facts, Figures
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Sales Worldwide
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Corporate

Start of BMW iX1* production in Regensburg ups the pace: By 2024, one in three BMWs from Bavarian plants will be electric

16.11.2022Press Release

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+++ As promised: Fully-electric models from all German plants +++ Short distances: high-voltage battery for BMW iX1* also from Regensburg +++ Over 3,300 employees work in BMW Group’s electric component production +++

Technology
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BMW i
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Corporate
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Plants, Facilities
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Production Plants
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Sustainability
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BMW iX1
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Production, Recycling
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Electrification
 

BMW Group secures CO2-reduced steel for global production network

16.11.2022Press Release

Archive

+++ New supply agreements in US and China +++ Lower CO2 emissions for over one third of global steel purchasing volume +++ Focus on innovative technologies, renewable energies and circular economy +++

circular economy
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Hydrogen
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H2 Green Steel
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green power
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Steel
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Steel Dynamics
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HBIS Group
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Salzgitter AG
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Big River Steel
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Purchasing
 

50 years of Future with Designworks: The BMW Group subsidiary celebrates its anniversary

31.10.2022Press Release

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Archive

+++ A unique model in the automotive industry: collaboration with clients from different industries enables an outside-in perspective and innovative design solutions for the BMW Group +++ BMW Group subsidiary important driver of innovation and sustainability +++ Advanced Design: Raise and explore questions about the future of mobility +++

Sustainability
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Technology
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BMW i
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BMW Group Design
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Corporate
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Alternative Drive Systems, Mobility of the Future
 

BMW Group Announces $1.7 Billion (USD) Investment to Build Electric Vehicles in the U.S. and Signs Agreement with Envision AESC for the Supply of Battery Cells to Plant Spartanburg

19.10.2022Press Release

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Archive

+++ $1 Billion New Investment in Plant Spartanburg (USA) to Prepare for the Production of Battery Electric Vehicles. At Least Six Fully-Electric BMW X-Models by 2030 produced in the U.S. +++ Additional $700 Million Investment to Build a New High-Voltage Battery Assembly Facility in South Carolina +++ Envision AESC to Build New Battery Cell Plant in South Carolina to Supply New Round Lithium-Ion Cells for Electric Vehicle Production in the U.S.+++

Neue Klasse
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Battery cell factory
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battery cell
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High-voltage battery
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Lithium
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cobalt
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certification
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e-mobility
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Environment
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Technology
 

Revolution in the car industry: Parts made from recycled fishing nets.

13.09.2022Press Release

Archive

+++ Unique recycling process creates a recycled plastic material from ocean waste +++ CO2 emissions are reduced by 25 percent compared to conventionally manufactured components +++ Ocean plastics used to make floor mats in the BMW iX and the BMW X1 +++ The BMW Group aims to use thermoplastics made from 40 percent recycled material in its new vehicles by 2030 +++

Technology
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Corporate
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Sustainability
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Production, Recycling
 

More performance, CO2-reduced production, significantly lower costs: BMW Group to use innovative round BMW battery cells in NEUE KLASSE from 2025

09.09.2022Press Release

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Archive

+++ Newly-developed BMW round cells optimised for NEUE KLASSE architecture +++ Costs for whole high-voltage battery up to 50% lower than for current generation +++ CO2-reduced production – through green power and secondary material +++ Development head Weber: “Huge leap in technology for energy density, charging speed and range” +++ Purchasing head Post: “We will be building battery cell factories with our partners, each with an annual capacity of up to 20 ...

CO2 emissions
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battery cell
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High-voltage battery
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Neue Klasse
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Gigafactory
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Battery cell factory
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secondary material
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green power
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Lithium
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cobalt
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