Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 31 March 2024
Statement Walter Mertl Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 31 March 2024
BMW Group Quarterly Statement to 31 March 2024
+++ 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 +++
Into the broad space between race track experience and soul-stirring road performance comes another BMW M GmbH special edition from the BMW M3 and BMW M4 range. The all-new BMW M4 CS (fuel consumption, combined 10.2 l/100 km [27.7 mpg imp]; CO2 emissions combined: 232 g/km in the WLTP cycle, CO2 class: G) takes the blend of attributes typically found in high-performance cars in the premium midsize segment and turns the emotional engagement dial up a few ...
+++ Local production of high-voltage batteries in Mexico for Neue Klasse +++ Nedeljković: BMW Group builds five assembly sites worldwide for sixth-generation high-voltage batteries +++ Proven principle: local for local +++
Record breaking sales figures, expanding brand footprint and more customer engagements than ever before.
“The MINI Aceman is a strong character with his own young personality within the new MINI family. It has an independent design language, is compact and looks agile. With its distinctive expression, it is the perfect everyday companion for those who value individuality in urban areas.” - Oliver Heilmer, Head of MINI Design
MINI celebrates the premiere of the first crossover model for the premium small car segment. The new MINI Aceman combines compact exterior dimensions with as much room as possible for occupants and an all-electric drive.
+++ BMW Group sales climb to 594,671 units in first quarter +++ Growth drivers: fully-electric vehicles and models from high-end premium segment +++ BMW brand: Global sales up +2.5%; deliveries of fully-electric vehicles increase by +40.6%+++ Higher BEV sales in all major regions of the world +++ Jochen Goller: “Delivery of one-millionth fully-electric vehicle confirms the attractiveness of our product portfolio.”
Statement and Charts Mertl BMW Group Annual Conference 2024
Statement Zipse Annual Conference 2024
+++ Automotive EBIT significantly higher in 2023 +++ EBIT margin of 8-10% forecast for 2024 +++ Capital expenditure to peak in 2024, as planned +++ NEUE KLASSE in the starting blocks: Testing already underway +++ BMW Vision Neue Klasse X highlights broad spectrum: NEUE KLASSE offers customers wide choice of models +++ Over two million electrified vehicles already on roads +++
Report on the BMW Group’s economic performance and its ecological and social contributions
+++ Innovative drive and chassis control delivers more precision, more dynamic performance, more efficiency, more fun +++ personal favorite sound with the new BMW iDrive +++ resource-saving plant-based material “Verdana” in the interior +++ Spacious, open, progressive design +++
+++ Zipse: “Implementing strategy consistently and successfully” +++ Group EBT margin of 11.0% for the full year +++ Automotive EBIT margin at 9.8% in 2023 +++ Percentage of BEV deliveries of 15% in 2023, as forecast +++ • EU fleet CO2 emissions at 102.1 g/km (WLTP) ‒ well below 128.5 g/km limit +++ Dividend of € 6.00 per share of common stock proposed +++
The country’s best amateur golfers will compete for a place at the BMW Golf Cup World Final in 2025.
+++ BMW Group readies next production site for BEV manufacturing +++ Production launch of new electric model in second half of 2025 +++ In-house production of Gen-5 high-voltage batteries to be established at Rayong site in Thailand +++
+++ Tribute to BMW Art Car by Esther Mahlangu +++ World premiere at Frieze Los Angeles +++ Colour-change technology reinterprets distinctive ornamentation +++ Complex colours and patterns showcase future potential for customised vehicles +++
Support for today’s children to change the lives of tomorrow.
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