Q1 luxury demand reinforces premium strategy by BMW Asia in Singapore and the region.
• +46% growth YoY for luxury class vehicles in Singapore. • BEV leadership in premium EV segment in Singapore. • Strong BEV growth in Indonesia (+23%) and the Philippines (+120%).
BMW leads Singapore’s premium auto market again, driven by record demand for BMW M models.
• +25% YoY growth in BMW M vehicle sales in Singapore. • BMW and MINI form 42.6% of the premium automotive market and 52.4% of the premium automotive EV market in Singapore.
Mr. Rene Gerhard appointed new Managing Director, BMW Group Asia.
Mr. Rene Gerhard will take up the position of Managing Director, BMW Group Asia, effective 1 February 2026. Prior to his new appointment, Mr. Gerhard served as President & CEO, BMW Group Thailand in Bangkok for nearly two years.
BMW maintains position as #1 premium automotive brand in Singapore for YTD September.
BMW secures nearly 50% share of total premium EV market.
Corporate Finance, Facts, Figures
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Corporate
BMW Group announces senior management changes in Sales and Finance Divisions
+++ Jean-Philippe Parain to head MINI +++ Stefan Richmann becomes new Head of Treasury +++ Ritu Chandy to lead Sales Region Asia-Pacific, Eastern Europe, Middle East and Africa +++
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• +25% YoY growth in BMW M vehicle sales in Singapore. • BMW and MINI form 42.6% of the premium automotive market and 52.4% of the premium automotive EV market in Singapore.
Mr. Rene Gerhard will take up the position of Managing Director, BMW Group Asia, effective 1 February 2026. Prior to his new appointment, Mr. Gerhard served as President & CEO, BMW Group Thailand in Bangkok for nearly two years.
+++ Jean-Philippe Parain to head MINI +++ Stefan Richmann becomes new Head of Treasury +++ Ritu Chandy to lead Sales Region Asia-Pacific, Eastern Europe, Middle East and Africa +++
• BMW Group brands secure 50% market share of BEVs sold in the premium automotive segment. • BMW Group Asia recognised as one of Singapore's Best Employers for 2025, securing the third position.
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