BMW Group Plant Rosslyn will be a proud manufacturer of the next-generation BMW X3 plug-in hybrid for global export +++ Excitement builds as the fourth-generation BMW X3 is revealed globally +++ The investment to Plant Rosslyn is symbolic for the long-term commitment to the up-liftment of South Africa and its people.
Hydrogen as a sustainable source of energy and movement is the central theme of BMW's program at this year's Art Basel in Basel. BMW, which has been a partner of Art Basel for 20 years, has commissioned London-based artist Es Devlin to create a series of multi-media works which will be unveiled on 10 June. In Hall 1.1 of the art fair Devlin has created a booth displaying four works.
+++ The internationally renowned artist’s project transforms the BMW M Hybrid V8 race car into a performative work of art +++ Mehretu's BMW Art Car will compete in the 24 Hours of Le Mans endurance race next month +++ Pan-African workshops to extend the cooperation between BMW and the artist through 2026 +++
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 +++
Julie Mehretu presents her first design studies for the 20th BMW Art Car. For this project, the internationally renowned artist combines her artistic work with a personal enthusiasm for automotive design and speed. She translates dynamism into form and applies one of her monumental motifs from a two-dimensional picture plane onto a three-dimensional industrially designed object.
+++ 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 +++
+++ BMW Group sales reach new all-time high of 2,555,341 units in 2023 (+6.5%) +++ BMW Group BEV sales at 15%, with growth across all sales regions worldwide +++ BMW brand once again tops global premium segment in 2023; electric models see significant growth (+92.2%) +++ Rolls-Royce and Motorrad brands also report new highs +++ Jochen Goller: “Record sales for 2023 show desirability of our strong brands.”
Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 30 September 2023
+++ Reithofer: “BMW Group has strengthened its competitive leadership position under Oliver Zipse” +++ Jochen Goller succeeds Pieter Nota as Board Member for Customer, Brands, Sales +++ Supervisory Board thanks Nota for great commitment and important impulses +++
BMW announced a collaboration today at the Solomon R. Guggenheim Museum in New York City with internationally renowned New York-based artist Julie Mehretu to create the 20th BMW Art Car. Mehretu was unanimously chosen by an international jury of museum directors and curators, and will be given total creative freedom to design the next instalment in BMW’s legendary collection of ”rolling sculptures”.
Munich/Cernobbio. The BMW Group is presenting the world premiere of its BMW Concept Touring Coupé at the opening of the Concorso d’Eleganza Villa d’Este 2023.
+++ Zipse: “Our compelling products inspire customers all over the world” +++ Group EBT margin at 13.9% +++ Automotive EBIT margin climbs to 12.1% +++ Free cash flow of around € 2 billion in Auto Segment +++ Sales of BMW BEVs up 112% +++ 2023 Guidance confirmed in continuing volatility +++
BMW Group Quarterly Statement to 31 March 2023
Zipse: “Proven strengths, future-oriented technologies and NEUE KLASSE as a recipe for success” ++ EBIT margin for 2023 expected within 8-10% range ++ High demand: 15% BEV share in 2023 ++ Dynamic BEV growth in coming years ++ Double-digit growth in high-end segment in 2023 ++ Further decrease in CO₂ emissions planned for 2023 ++ Concrete outlook for NEUE KLASSE – plants, models ++ More details on NEUE KLASSE at IAA Mobility ++
BMW Group sold 2,399,636 units (-4.8%) +++ BMW brand maintained No. 1 position in global premium segment +++ Sales of fully-electric vehicles more than doubled to 215,755 units (+107.7%) +++ Sales up +10.6% in fourth quarter of 2022 +++ MINI Electric* is best-selling MINI model variant +++ Pieter Nota: “Next milestone for 2023: 15% of total sales from fully-electric vehicles” +++
+++ As promised: Fully-electric models from all German plants +++ Short distances: high-voltage battery for BMW iX1* also from Regensburg +++ Over 3,300 employees work in BMW Group’s electric component production +++
+++ New supply agreements in US and China +++ Lower CO2 emissions for over one third of global steel purchasing volume +++ Focus on innovative technologies, renewable energies and circular economy +++
+++ A unique model in the automotive industry: collaboration with clients from different industries enables an outside-in perspective and innovative design solutions for the BMW Group +++ BMW Group subsidiary important driver of innovation and sustainability +++ Advanced Design: Raise and explore questions about the future of mobility +++
+++ $1 Billion New Investment in Plant Spartanburg (USA) to Prepare for the Production of Battery Electric Vehicles. At Least Six Fully-Electric BMW X-Models by 2030 produced in the U.S. +++ Additional $700 Million Investment to Build a New High-Voltage Battery Assembly Facility in South Carolina +++ Envision AESC to Build New Battery Cell Plant in South Carolina to Supply New Round Lithium-Ion Cells for Electric Vehicle Production in the U.S.+++
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