+++ Presented by FNB Art Joburg in collaboration with BMW Group South Africa +++ Emphasis on critical thought and cultural engage-ment under the theme “A Tropology Between Image and Imagination.” +++ Curated talks programme with notable artists like Zanele Muholi and Nicholas Hlobo +++ BMW Centre for Art Education hosts workshop for the Kromdraai community +++
+++ BMW Group South Africa recognised the achievements of its retailer network at its annual Retailer of the Year Awards +++ The top winners of the 2024 Retailer of the Year were BMW Midrand (large), BMW Nelson Mandela Bay (small-medium), MINI Midrand, and BMW Motorrad Stellenbosch +++
+++ BMW Group South Africa hosts launch of a new book BMW – The Unique South African Story, published by The Vantage Corporation +++ The book details the unique history of BMW in South Africa +++
+++ Zeitz MOCAA announces naming rights partnership with BMW Group South Africa and launches the renaming of its Centre for Art Education to BMW Centre for Art Education +++ The three-year partnership spans 2024, 2025 and 2026 and supports Zeitz MOCAA’s curatorial and education programming +++
Debuting in Cape Town, the Retrospective Exhibition showcases Esther Mahlangu’s lifework, featuring the artist’s BMW Art Car as a central exhibition piece.
BMW Group South Africa, Anglo American Platinum and Sasol South Africa Limited on Monday, 16 October 2023 signed a collaboration agreement that will bring hydrogen fuel cell electric vehicles (FCEVs) and supporting hydrogen refuelling technology to South Africa.
BMW Group South Africa and BMW Group Financial Services South Africa have been recognised as a Youth Employment Services (YES) Top Ten Jobs Contributor for their continued dedication to job creation through the YES Programme. The YES ESG Awards – part of the ESG Africa Conference 2023 – were held on 4 October at the Sandton Convention Centre, Johannesburg.
+++ First plant outside Germany a key player in global production network +++ Year-long celebration to be interspersed with significant milestones +++ More than 300,000 BMW X3s produced since 2018 +++ More than 1,6 million vehicles produced at BMW Group Plant Rosslyn since March 1973 +++ Reinforced commitment to South Africa for the next 50 years +++
+++ BMW Group South Africa signs up for the YES 4 Youth Initiative. +++ 510 YES jobs created through BMW. +++ Afrika Tikkun is the YES implementation partner for BMW Group South Africa. +++ Peter van Binsbergen: “The scourge of youth unemployment is one of South Africa’s biggest challenges. By embarking on the YES 4 Youth programme we feel a great sense of pride that we are contributing to alleviating the key problem of our generation in South Africa.”
Zipse: “Compelling products are best answer to challenging environment” +++ E-mobility ramp-up leads to bigger CO2 reductions +++ Group EBT at € 20.3 billion after nine months – EBT margin 19.6% +++ Q3 EBIT margin on target at 8.9% (excluding consolidation effects related to BBA: 10.1%) +++ Free cash flow of € 9.9 billion for Automotive Segment in YTD September +++ Full-year guidance confirmed +++
After a successful 2021, the BMW Group is speeding up technological change and pushing forward with the transformation towards sustainable mobility. The company is preparing for a comprehensive leap in technology in its Neue Klasse and significantly upping the pace once again as it continues to ramp up e-mobility.
Mr David Makhura, Premier of Gauteng, Dr Nomathemba Mokgethi, MEC for the Gauteng Department of Health, and German Ambassador Dr Martin Schaefer attended opening of overflow facility at Bronkhorstspruit Hospital. Part of long-term and sustainable investments to the value of R76 million, benefitting nine hospitals and four clinics. United against COVID-19 with the Gauteng Department of Health, as well as the South African and German governments.
+++ Focus on the development of the next generation Li-ion cells for the Neue Klasse +++ Technology leap: Further development in cell chemistry and format +++ automotive-compatible solid-state battery by the end of the decade – demonstrator vehicle well before 2025 +++ clear claim: The greenest electric vehicle is a BMW +++
BMW South Africa and Art Joburg support the local arts market.
Zipse: “Third-quarter performance underlines BMW Group’s operational strength” +++ Peter: “We are in an intense cost competition” +++ Profit before tax in Q3 rises to approximately € 2.5 billion +++ Return on sales of 9.4% in Q3 +++ Free cash flow in Q3 exceeds € 3 billion +++ EBIT margin for Automotive segment within 2020 target range for nine-month period +++ E-autos to be manufactured at all German plants by 2022 +++
• Acting MEC for Gauteng Department of Health Mr Jacob Mamabolo and German Ambassador Dr. Martin Schaefer attend opening of Covid-19 screening and testing facility at Soshanguve Clinic. • Part of long-term and sustainable investments to the value of R76 million, benefitting nine hospitals and four clinics. • United against Covid-19 with Gauteng Department of Health, South African and German governments.
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 +++
Liquidity remains at high level – investments prioritised +++ Q1 EBIT up due to high provision recorded in previous year +++ BMW Group updates outlook for Automotive segment EBIT +++ Q1: Product mix and pricing policy underpin revenues +++ Production to be ramped up according to demand +++ Firm commitment to agreed CO2 targets and Euro 6d +++ Zipse: “Business model still future-proof after crisis” +++
•A total of eight events are planned at BMW Welt, which will take place digitally for the time being, as well as a joint event at the 1E9 conference. •The series titled “Reclaim the Future” will feature trend-setting themes examined and discussed by experts between April and December 2020. •It will kick off with a digital event on urban resilience on April 28, 2020.
Satellite Details +++ iFrame Details +++ transmission details +++ BMW Group Annual Accounts Press Conference 2020