+++ BMW Group Plant Debrecen in Hungary gears up for start of series production late next year +++ First test vehicles produced for fully-electric Neue Klasse X model +++ Validation of manufacturing processes is progressing according to plan +++
Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 30 September 2024
Statement Walter Mertl, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 30 September 2024
+++ 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” +++
BMW Group Quarterly Statement to 30 September 2024
The BMW 2 Series Gran Coupé offers the experience of sportiness and elegance to the premium compact segment. The second model generation of the 4-door model now lends even greater emphasis to these hallmark BMW qualities. A clear increase in presence and dynamic performance in the design gives the new BMW 2 Series Gran Coupé a particularly extroverted appearance. An entirely renewed drive portfolio, extensively enhanced suspension technology and innovative ...
MINI presents two all-electric John Cooper Works models for the first time. MINI John Cooper Works takes the performance of both models to the top of the premium small car segment with an energy boost and aerodynamically optimised design. Combined with race-inspired suspension technology and extended standard equipment, the new all-electric John Cooper Works models are in top form.
+++ BMW Group: Deliveries of fully-electric vehicles climb +19.1% in first nine months +++ BMW Group delivers total of 1,754,158 units worldwide in YTD September (-4.5%) – largely due to IBS delivery stops in Q3 and ongoing weak demand in China +++ BMW brand achieves strong sales growth in Europe, gains market share +++ MINI brand reports higher Q3 sales of fully-electric models +++
The new generation of the MINI Cooper Convertible rounds off the current MINI family with a model that is full of unique features. MINI presents the new convertible model that perfectly embodies the brand's openness. "Always Open" - this traditional claim of the MINI Convertible aptly describes the model’s philosophy.
Triggers for guidance adjustment are delivery stops and technical actions linked to Integrated Braking System (IBS) +++ Technical actions impact over 1.5 million vehicles +++ Additional warranty costs in high three-digit million amount
+++ BMW and Toyota jointly developing next generation of fuel cell technology +++ BMW to launch first-ever series production fuel cell vehicle in 2028 +++ Both companies are promoting hydrogen infrastructure development +++
BMW M GmbH is expanding its offering in the high-performance segment and at the same time pushing ahead with the electrification of its model range. The new BMW M5 Touring (energy consumption, weighted, combined: 2.0 l/100 km [141.2 mpg imp] and 30.7 kWh/ 100 km; CO2 emissions, weighted, combined: 46 g/ km; fuel consumption with discharged battery: 10.9 l/100 km [25.9 mpg imp] in the WLTP cycle; CO2 classes, weighted, combined: B, with discharged battery ...
+++ UNO® Car Party! will begin rolling out to over 500,000 BMW and MINI vehicles through AirConsole starting August 21st +++
BMW Group Plant Spartanburg and California robotics company Figure test the use of humanoid robots in production +++ Latest generation of robots, Figure 02, successfully completes testing in a real production environment +++ Board Member Nedeljković: “determining possible applications for humanoid robots in production”+++
Statement Walter Mertl, Member of the Board of Management of BMW AG, Finance, Conference Call Half-Year Report to 30 June 2024
Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Half-Year Report to 30 June 2024
BMW Group Half-Year Report to 30 June 2024
BMW brand achieves sales growth of 2.3% in HY1 –double-digit growth for models in upper price segment ++ BMW BEV deliveries climb 34% to over 179,500 units in first half-year ++ Profitability targets exceeded: Group EBT margin of 10.9% for HY1 ++ Automotive EBIT margin at 8.6% in HY1 ++ Financial Services: New business posts significant growth ++ Zipse: “Delivering high profitability in target corridor for past ten quarters” ++ Outlook for 2024 confirmed
+++ Worldwide five new assembly sites for 6th generation high-voltage batteries +++ Current status from Irlbach-Straßkirchen (Germany), Debrecen (Hungary), Shenyang (China), San Luis Potosí (Mexico) and Woodruff (USA) +++
+++ BMW Group becomes strategic member of the Eclipse Foundation Software-Defined Vehicle (SDV) Working Group +++ Focus on collaboration for open-source software +++
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