To the extent that historical press releases reference BMW Manufacturing Co., LLC as the manufacturer of certain X model vehicles, the referenced vehicles are manufactured in South Carolina with a combination of U.S. origin and imported parts and components.
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++ 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 +++
+++ 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 +++
Spartanburg, S.C. – February 26, 2025... BMW Manufacturing has confirmed that it was the leading automotive exporter by value in the United States in 2024, according to data released this month by the U.S. Department of Commerce. Plant Spartanburg exported nearly 225,000 BMW Sports Activity Vehicles and Coupes last year with an export value of more than $10 billion. Moreover, since 2014, the South Carolina plant has exported more than 2.7 million BMWs – ...
Woodcliff Lake, NJ – January 3, 2025… BMW of North America today reported Q4 2024 and full year 2024 sales results for the BMW and MINI brands in the U.S.
+++ 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” +++
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