+++ 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” +++
iFACTORY’s full potential: new site in Hungary adopts many innovations from the global production network +++ Forerunner among the BMW Group plants with just-in-sequence delivery to the production line +++ Efficient, ergonomic assembly processes thanks to intense modularisation, fewer different connecting elements, a simplified wiring harness and innovative cockpit assembly +++ Series production will start in late 2025 with the new BMW iX3
+++ BMW takes the next step for the Software-Defined Vehicle (SDV) +++ Concentration of computing power for key customer functions in four "Superbrains" +++ Zonal wiring harness architecture 30% lighter and with 600 meters less wiring +++ Technology scales across all drivetrain variants +++ Future-oriented and flexible software architecture from the chip in the vehicle to the cloud +++
+++ Pre-series production to begin this summer +++ Lower manufacturing costs for NEUE KLASSE +++ Production Head Nedeljković: “Production network's strategic and flexible structure strengthens resilience and competitiveness” +++ Over one million cars built in Germany in 2024 +++
• Sixth generation of BMW eDrive technology marks a milestone in electric mobility • BMW Energy Master: intelligent central control unit for the fundamentally new high-voltage battery – developed and produced in-house • Innovative and flexible modular principle for electric drive
+++ Top-class dynamics, precision, efficiency and driving pleasure +++ New “Heart of Joy” central computer works ten times faster +++ Extending the recuperation range increases efficiency by 25% +++
As a vanguard in the field of electric mobility, the BMW iX has established a unique combination of progressive luxury and locally emission-free driving pleasure.The new edition of the Sports Activity Vehicle (SAV) features an increase in driving performance combined with significantly extended range. Specific exterior and interior design modifications emphasise the sporty character of the new BMW iX.
++ BMW Group: Significant +13.5% sales growth in fully-electric vehicles +++ With over 2.45 million units delivered, BMW Group meets adjust-ed sales target for 2024 +++ BMW brand increases sales in selected regions, gains market shares and maintains position as global segment leader +++ Jochen Goller: “BEV growth to continue in 2025” +++
BMW Group Half-Year Report to 30 June 2024
• BMW continues as the favourite Premium brand in Latin America. • The highest number of sales of electrified vehicles and best first half in sales of electric and plug-in hybrid vehicles were recorded. • Record high-end luxury vehicles sales: BMW 7 Series, BMW XM, and high-performance M models.
• La séptima generación del BMW M5 llega después de una exitosa trayectoria de 40 años • Debut de la tecnología de vehículo híbrido conectable en el BMW M5 • Potencia máxima de 535 kW/727 hp y par máximo del sistema de 1,000 Nm (737 lb-ft)
• A multi-country alliance between UNICEF and BMW Group aims to benefit the youth of tomorrow. • STEM programs will be implemented in Baja California, Chihuahua, Mexico City, State of Mexico, Nuevo Leon and San Luis Potosí.
• Custodios de una insignia legendaria y de la combinación de desempeño emocionante con utilidad cotidiana que define a BMW M GmbH. • Los multifacéticos BMW M3 Sedán y BMW M3 Touring han mejorado sus impresionantes cartas de presentación.
• Diseño de automóvil único y exótico • Combinación de estética y dinámica al más alto nivel • Referencias al histórico BMW Z8 y BMW 503
• El proyecto de la internacionalmente renombrada artista transforma el auto de carreras BMW M Hybrid V8 en una obra de arte performativa. • El BMW Art Car de Mehretu competirá en la carrera de resistencia de 24 Horas de Le Mans el próximo mes. • Talleres panafricanos extenderán la cooperación entre BMW y la artista hasta 2026.
Statement Oliver Zipse AGM 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 +++
+++ 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 +++
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