++ Group pre-tax earnings > € 8.0 billion YTD September; EBT margin of 8.1% ++ Slight sales growth globally YTD September – Europe +8.6% and USA +9.5% ++ Automotive EBIT margin at 5.9% YTD September and 5.2% in Q3, within annual target range ++ Significant BEV growth, representing 18.0% of sales (share incl. PHEV: 26.2%) YTD September +++ Incoming BMW iX3* orders exceed expectations ++ Zipse: “On course to meet ambitious European CO2 targets for 2025”++
+++ Pre-tax earnings (EBT) of € 5.7 billion secure Group EBT margin of 8.5% at six-month mark +++ Automotive free cash flow of € 2.35 billion in YTD June +++ Automotive Segment EBIT margin in line with annual guidance at 6.2% +++ Significant growth in electrified vehicle sales (+18.6%) in first half of 2025 +++ Record half-year for BMW M models, with 106,000 vehicles delivered (+6.5%) +++ Outlook from Annual Conference confirmed +++
Alexander Buresch will take over the leadership of the BMW Group’s financial services business as of August 1 from Gerald Holzmann. His successor as CIO and Senior Vice President BMW Group IT will be Franz Decker.
+++ Pre-tax earnings (EBT) exceed €3.1 billion; Group EBT margin at 9.2% +++ Automotive Segment’s 6.9% EBIT margin at upper end of full-year guidance +++ BEVs remain strongest growth driver: +32.4% +++ Over a quarter of all vehicles delivered in Q1 were electrified +++ Outlook for 2025 confirmed based on updated premises +++ Zipse: “Technology-open approach remains a key success factor” +++
+++ 2025: Slight Growth planned in sales volume +++ Group EBT targeted at previous year’s level +++ Higher Free cash flow expected +++ Slight Increase of BEV share in total sales planned +++ Due to a consistent strategy: Investments set to decrease from planned peak in 2024 +++ Technology openness as strategic competitive advantage +++ First NEUE KLASSE production vehicle will be the BMW iX3 +++
+++ Production follows the market +++ At least one all-electric model for the global market is being produced at all German plant locations +++ “Flex plants” ensure delivery capabilities and good capacity utilization in different market situations +++
+++ Luxurious levels of space and high-quality equipment with an array of exclusive details for the Chinese market +++ From China, for China: local development and production at Plant Lydia conserves resources and optimises logistics +++
+++ Long-term partnership with SK tes +++ High-voltage batteries to be recycled, with the reclaimed secondary raw materials fed back into the value chain +++ Closed loop for cobalt, nickel and lithium +++ Global rollout on cards +++
+++ Nicolas Peter will be proposed for election to the Supervisory Board at the 2025 Annual General Meeting. +++ Norbert Reithofer is not running for re-election after two terms of office. +++
+++ Looking ahead after extraordinary challenges in Q3. +++ Significant BEV growth, with a sales share of 19.1% in Q3. +++ BMW brand increases sales volume in Europe as of September: +7.6%, leading position expanded. +++ BMW sales and market share stable in the US. +++ Significant inventory reduction planned in Q4 – forecast auto free cash flow confirmed. +++ Zipse: “Securing short-term earnings and long-term success” +++
+++ Sports Activity Vehicle variant developed exclusively for customers in China combines dynamic elegance in the exterior with a particularly generous space in the rear +++ Local production at the Shenyang production site of the BMW Brilliance Automotive joint venture +++
BMW brand achieves sales growth of 2.3% in HY1 –double-digit growth for models in upper price segment ++ BMW BEV deliveries climb 34% to over 179,500 units in first half-year ++ Profitability targets exceeded: Group EBT margin of 10.9% for HY1 ++ Automotive EBIT margin at 8.6% in HY1 ++ Financial Services: New business posts significant growth ++ Zipse: “Delivering high profitability in target corridor for past ten quarters” ++ Outlook for 2024 confirmed
+++ Worldwide five new assembly sites for 6th generation high-voltage batteries +++ Current status from Irlbach-Straßkirchen (Germany), Debrecen (Hungary), Shenyang (China), San Luis Potosí (Mexico) and Woodruff (USA) +++
+++ Thermal purification powered by electricity rather than gas +++ Successful test operations in Germany and China +++ In series production at Plant Dingolfing and forthcoming Plant Debrecen, Hungary +++
For almost 50 years now, the BMW 3 Series has represented the core of the BMW brand. It epitomises sporty driving pleasure in the premium midsize class and has made significant contributions to design, driving dynamics and technological innovations in this segment time and again across what is now seven model generations. The character of the current-generation BMW 3 Series has likewise provided a case study in unwavering progress at work.
One million cars made in last 15 months +++ Board Member for Production Nedeljković: “Focus on competitiveness and innovativeness” +++ Shenyang also continues preparations for Neue Klasse
+++ 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 +++
+++ 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 +++
+++ 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 +++
Please log in to update your email newsletter settings. Receive personalized notifications for new articles and video material either immediately or as a daily summary.
CO2-Emissionen & Verbrauch.
Die Angaben zu Kraftstoffverbrauch, CO2-Emissionen, Stromverbrauch und Reichweite werden nach dem vorgeschriebenen Messverfahren VO (EU) 2007/715 in der jeweils geltenden Fassung ermittelt. Sie beziehen sich auf Fahrzeuge auf dem Automobilmarkt in Deutschland. Bei Spannbreiten berücksichtigen die Angaben im NEFZ Unterschiede in der gewählten Rad- und Reifengröße, im WLTP die Auswirkungen jeglicher Sonderausstattung.
Alle Angaben sind bereits auf Basis des neuen WLTP-Testzyklus ermittelt. Aufgeführte NEFZ-Werte wurden gegebenenfalls auf das NEFZ-Messverfahren zurückgerechnet. Für die Bemessung von Steuern und anderen fahrzeugbezogenen Abgaben, die (auch) auf den CO2-Ausstoß abstellen, sowie gegebenenfalls für die Zwecke von fahrzeugspezifischen Förderungen werden WLTP-Werte zugrunde gelegt. Weitere Informationen sind hier www.bmw.de/wltp und hier www.dat.de/co2/ zu finden.
