+++ 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 +++
+++ Lowest-ever absolute CO2 fleet emissions values for BMW Group in Europe +++ Significantly outperformed EU legal requirements +++ BMW Group on track to meet company-wide CO2 reduction targets by 2030 +++
Report on the BMW Group’s economic performance and its ecological and social contributions
Statement and Charts Zipse Annual Conference 2023
+++ Newly-developed BMW round cells optimised for NEUE KLASSE architecture +++ Costs for whole high-voltage battery up to 50% lower than for current generation +++ CO2-reduced production – through green power and secondary material +++ Development head Weber: “Huge leap in technology for energy density, charging speed and range” +++ Purchasing head Post: “We will be building battery cell factories with our partners, each with an annual capacity of up to 20 ...
Report on the BMW Group’s economic performance and its ecological and social contributions
Group EBT: € 16 billion +++ 2021 EBIT margin of 10.3% at high end of guidance range +++ Free cash flow (automotive): € 6,354 million +++ CO2 emissions of EU new vehicle fleet significantly reduced to 115.9 g/km (WLTP) +++ Dividend of € 5.80 per share of common stock proposed +++ Share repurchase authorisation will be proposed to Annual General Meeting +++ Zipse: “Successful transformation due to employee performance” +++
+++ CO2 fleet emissions of 115,9 g/km (WLTP) in 2021 +++ Major reduction from previous year +++ Driven by further increases in efficiency for conventional drive technologies and strong demand for electrified vehicles +++
Automotive segment reports nine-month free cash flow of € 6.3 billion +++ Segment EBIT margin comes in at 11.3% for nine months +++ BMW brand grows nine-month market share in Europe, Asia and Americas +++ Deliveries of fully electric vehicles up by 121.4% for nine-month period +++ Raised outlook for full year 2021 confirmed +++
Statement Zipse Conference Call Q3 2021
The BMW Group is putting circular economy and sustainable urban mobility at the centre of its presence at the 2021 IAA Mobility. At the motor show, the company is consistently demonstrating its sustainability and CO2 targets as well as its concrete measures and concepts to achieve these goals.
BMW Group sells 636,606 vehicles in Q1 (+33.5%) +++ Sales higher in all major regions of the world +++ Sales growth at BMW, MINI and Rolls-Royce +++ Electrified vehicle sales more than double +++ Pieter Nota: “All-time sales high in first quarter underlines our ambitious growth targets” +++
The BMW Group has entered 2021 with ambitious targets for growth and profitability and will be putting the first forerunners of its far-reaching technology offensive on the roads in the coming months. At the same time, it has set the course for a comprehensive realignment. From the middle of the decade, a new generation of models will take premium mobility to a new level from a technological perspective.
+++ High level of supply chain flexibility speeds up transformation towards e-mobility +++ Extensive measures to ensure compliance with environmental and social standards and secure access to many critical raw materials +++ Sustainability measures in supply chain delivering results: CO2 emissions reduced by 17% in BMW iX +++ Wendt: “Sustainability is an integral part of all purchasing activities” +++
BMW Group Quarterly Statement to 30 September 2020
Zipse: “Cautiously optimistic for second half of year” +++ Profit before tax after first half year at ca. € 500 million +++ Revenues and earnings impacted by Q2 market downturns +++ Strict inventories management helps safeguard cash flow +++ CO2 targets now set up for complete vehicle life cycle to 2030 +++ Far-reaching product strategy: significant CO2 reductions with over seven million electrified vehicles +++
The BMW Group is making sustainability and resource efficiency central to the company’s strategic direction. Chairman of the Board of Management Oliver Zipse announced initial details of this strategic direction in Munich today and presented the targets the company has set itself for the phase up to 2030.
Protecting employees and taking responsibility for society +++ Safeguarding liquidity and the company’s long-term success +++ Around 80% of retail outlets closed in Europe; 70% in the US +++ BMW Group sells 477.111 vehicles in first quarter +++ Pieter Nota: “China shows first signs of recovery” +++ Plus 14% electrified vehicles. On track to meet CO2 targets +++
CATL order volume increased to 7.3 billion euros +++ Long-term supply contract with Samsung SDI worth 2.9 billion euros +++ Delivery of battery cells for fifth-generation electric drive trains from 2021 +++
Two years early: 25 electrified models in 2023 ++ Steep growth curve: sales of electrified vehicles to climb more than 30 percent per year up to 2025 ++ Sales of electrified vehicles set to more than double between 2019 and 2021 ++ World premieres at #NEXTGen: BMW Vision M NEXT and BMW Motorrad Vision DC Roadster showcase next-generation e-mobility ++ BMW eDrive Zones function fitted as standard in BMW plug-in hybrids from 2020 ++
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