Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 30 September 2024
Statement Walter Mertl, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 30 September 2024
+++ 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” +++
BMW Group Quarterly Statement to 30 September 2024
+++ Sophisticated plant logistics with 50 tugger trains and 140 Smart Transport Robots handle around 10,000 trips daily, delivering parts to production +++ Intelligent connectivity through cloud-based traffic control system ensures optimal route guidance and on-time provisioning of parts to assembly line according to delivery priority +++
+++ Prestigious industrial competition recognises BMW Group's Regensburg vehicle plant in category “excellent large-series assembly” +++ Judges cite high flexibility of entire plant in decision +++
BMW, distributed by Borusan Otomotiv in Türkiye, is exhibiting the BMW i5 Flow NOSTOKANA at the 19th edition of Contemporary Istanbul, open for General Admission between October 24-27th, 2024, with a Preview Day on October 23rd. The installation, which had its world premiere at the Frieze Los Angeles art fair, will be on view for art enthusiasts at Tersane Istanbul.
+++ BMW Group: Deliveries of fully-electric vehicles climb +19.1% in first nine months +++ BMW Group delivers total of 1,754,158 units worldwide in YTD September (-4.5%) – largely due to IBS delivery stops in Q3 and ongoing weak demand in China +++ BMW brand achieves strong sales growth in Europe, gains market share +++ MINI brand reports higher Q3 sales of fully-electric models +++
+++ The joint venture (JV) will innovate automotive software, including software-defined vehicles (SDV) and business IT innovations +++ Strategic Indian talent centres Pune, Bengaluru and Chennai become part of BMW Group’s global network of software and IT hubs +++ Rapid growth to a four-digit number of employees planned by end of 2025 +++
From October 9 to 13, Frieze London and Frieze Masters will return to London’s Regent's Park. As one of Frieze’s long-term global partners since 2004, BMW will this year centre around presenting the artistic oeuvre of Ndebele artist Esther Mahlangu. This year’s BMW Lounge will present a curated selection of actor and Talk Art podcast co-host Russell Tovey’s private collection.
+++ Green electricity, and district heating from locally sourced wood chips +++ Announced for 2025, introduced ahead of schedule in September 2024 +++ Arnold Schwarzenegger and BMW Board Member for Production perform symbolic energy switch +++
Winners of BMW Group Award for Social Responsibility 2024 +++ Four projects committed to serving the common good
+++ Adrian van Hooydonk reorganises BMW Group Design, brings in Maximilian Missoni +++ Two BMW Design studios going forward +++ Digital experience and Colour and Material Design enhanced +++
Triggers for guidance adjustment are delivery stops and technical actions linked to Integrated Braking System (IBS) +++ Technical actions impact over 1.5 million vehicles +++ Additional warranty costs in high three-digit million amount
Many years of experience, consistent advancement of processes and international knowledge transfer: BMW Group as a pioneer of the circular economy in automotive engineering. Halfway point success in the Car2Car research project: efficient recycling of steel, aluminium, copper, glass and plastics.
+++ The UK’s first “motionless” wind energy system has been installed on the roof of BMW Group’s Oxford Plant +++ It’s part of a BMW Group project trialling innovative technology for efficient energy solutions +++ This BMW Group Real Estate pilot is spearheaded by BMW Startup Garage, a programme dedicated to supporting early-stage startups working on innovative technologies +++
From September 4 to 7, Frieze Seoul will open its doors at COEX in Gangnam for the third edition of the internationally renowned art fair in Asia. As one of Frieze’s long-term global partners since 2004, BMW will be celebrating two special premieres at this year's fair.
+++ Seat as proof point of how BMW Group and partners develop innovative materials +++ Glimpse into the processes of tomorrow +++ Aiming to reduce emissions and conserve resources +++
Statement Walter Mertl, Member of the Board of Management of BMW AG, Finance, Conference Call Half-Year Report to 30 June 2024
Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Half-Year Report to 30 June 2024
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