BMW FINANCIAL SERVICES NAMES EDWARD A. ROBINSON TO HEAD OPERATIONS IN NORTH AND LATIN AMERICA

Woodcliff Lake, NJ - March 29, 2005... Georg Bauer, CEO of BMW Financial
Services worldwide, announced that Edward A. Robinson has been named chief
executive officer for the BMW Financial Services, Americas Region, covering all
operations in the U.S., Canada and Latin America, effective April 1, 2005.

Robinson will assume duties handled by John Christman, who upon completion of a
transition period, will take an international assignment with the BMW Group.

Robinson has been executive vice president - operations for BMW of North
America, LLC, responsible for sales of automobiles and sports activity
vehicles, dealer development activities and field operations in the company's
four U.S. regions since June 2002.   During his tenure, the organization
experienced record sales to become the largest sales subsidiary for the BMW
Group.

Prior to 2002, Robinson was vice president - operations for BMW, a position he
assumed in January 2001 after serving as vice president - motorcycles for BMW
of North America from 1998 to 2001. Under his leadership, BMW posted record
motorcycle sales in the U.S. and entered new segments of the motorcycle market,
which significantly strengthened and expanded the motorcycle model line.

Since joining BMW of North America in 1979, Robinson has served in a variety of
positions including sales, service marketing and field operations.  He was
president and chief executive officer of BMW Canada, Inc. from 1992 to 1997,
and was instrumental in establishing its financial services division in 1994. 

Robinson earned a master's degree in business administration from St. John's
University in New York and received his post-masters certificate in financial
management at Iona College. Robinson has also completed the Harvard Law
School's program on negotiation.

"BMW Financial Services will be introducing new products to customers and is
poised for continued growth in the years ahead. These opportunities are clearly
supported by the strong team developed under John Christman's leadership, as
evidenced by impressive accolades and honors received in the last couple of
years," Bauer said.  "Robinson brings to Financial Services significant
experience from the automotive side of the business which will be invaluable to
our future growth and strategic development."

BMW Financial Services, Americas Region, has a portfolio of managed assets
totaling more than $18.5 billion, with nearly $18 billion of that from the U.S.
market.  The organization supports more than 500,000 customers in the Americas
and leases or finances more than half of the new BMW vehicles sold in the U.S. 

BMW Financial Services has experienced eleven years of consecutive and strong
growth and is building a new international customer service center in Hilliard,
Ohio to house an on-site workforce of about 750 (employees and vendors
combined). Nearly 200 more employees and vendors work in other facilities in
various cities around the U.S., Canada, Mexico, Argentina and Brazil. 

BMW Financial Services provides a wide range of leasing, retail, commercial,
banking and insurance products tailored to meet the needs of BMW customers and
dealers in the Americas.  All lease servicing, including credit, funding,
customer service, title administration, lease-end and collections are handled
at the Dublin customer service center.  A growing portfolio of banking and
credit card offerings is also available through the BMW Bank of North America,
based in Salt Lake City.

BMW Financial Services prides itself on being an excellent community partner
and employer.  In addition to being named one of the 10 "Best Medium-sized
Companies to Work for in America" by the Great Places to Work Institute (GPTWI)
and the Society for Human Resource Management (SHRM), BMW Financial Services
has received a number of other honors during the past year commending its
workplace initiatives.  

BMW Financial Services also leads the industry in dealer satisfaction,
receiving two top awards for prime retail credit and retail leasing programs,
according to the J.D. Power and Associates 2004 Dealer Financing Satisfaction
Study. 

Information about BMW Group products is available to consumers via the Internet
at:

www.bmwusa.com
www.bmwmotorradusa.com
www.miniusa.com
www.rolls-roycemotorcars.com

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Journalist note: Information about the BMW Group and its products is available
to journalists on-line at the BMW Group PressClub at the following address:
www.press.bmwgroup.com.

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