BMW Group remains on successful course in second quarter

01.08.2012

- New record figures for sales volume and revenues
- Second-best quarterly earnings in the company’s history
- Profit before financial result amounts to € 2.27 billion
- Automotive Segment second-quarter EBIT margin of 11.6%
- BMW Group reaffirms targets for financial year 2012

Munich. The BMW Group continued its success during the second quarter as well as in the six-month period to June 2012, achieving new record figures for sales volume and revenues and the second-best Group operating profit in the company’s history.

Second-quarter revenues rose by 7.3% to € 19,202 million (2011: € 17,888 million). Group earnings remained at a high level despite greater investment in new technologies and higher personnel costs: Profit before financial result (EBIT) amounted to € 2,270 million … CONTINUED

First videos of the 2013 BMW 3 Series Touring (F31) have been posted in our official F31 thread. Check out the 3 series touring in driving action, exterior walkaround, interior review, and a trunk demonstration.

The ///M Flight members from BIMMERPOST cruised together this past weekend to to visit Manhart Racing Zentrale in Wuppertal, Germany during the tuning company’s open house.

They rolled out of Kaiserslautern seven cars deep at around 0730 and spent about 3.5hrs due to traffic and the weather traveling only 190miles (mind you this is Germany and with their autobahns it should be no more than 2 hrs). They were met at the location by another 8 ///M Flight members from other parts of Germany. The weather as can be seen in the pictures was not the greatest, but they still enjoyed themselves. It would rain profusely, and then sun would come out, and then rain and shine on and on throughout the day. ///M Flight meet at … CONTINUED

The BMW 3 Series plays an important role in the BMW history. This documentary gives you an overview over six generations of the BMW 3 Series. Starting from 1975, every new model has its own characteristics, but always the same roots. The BMW 3 Series sedan is the latest representative of a long history.

The 2012 Goodwood Festival of Speed kicked off this weekend and BMW has brought out plenty of wares to showcase. Check out some photos from the event inside.

BMWs in attendance included the F30 M Sport, F30 3 series in gold, E92 M3 coupe in chrome, E92 M3 M Performance Edition, F10 M5, F12 and F13 M6 coupe and convertible, Alpina B3 GT3, 6 Series Gran Coupe, M135i

We took a recent trip to the BMW Museum and Welt where there’s currently a new exhibit on display - BMW Motorsports cars. The exhibit opened June 5th and will continue throughout the summer.

For those of our members not able to see it in person, we bring you plenty of photos, as well as photos of the M room and generation displays.

For the past few weeks, BMW has been offering a $300 discount on the 2012 3 Series for scheduling a test drive through the app, but they’ve now expanded the promotion to include all BMW models.

The discounts are as follows:

$300 Off 3 Series, 1 Series, X1, X3 and Z4 (all trims, including M models)
$500 Off 5 Series, 5 Series Gran Turismo and X5 (all trims, including M models)
$700 Off 7 Series, 6 Series, 6 Series Gran Coupe and X6 (all trims, including M models)

What you will receive is a voucher in the amounts listed above off the first payment on a new 2012 or 2013 BMW financed or leased through BMW Financial Services.

To receive your discount:

Step 1: Download The Ultimate Drive app (available on … CONTINUED

Earlier this month, BMW Car Club of America (BMW CCA) of Seattle held the annual Triple XXX Rootbeer BMW Event. Hundreds of BMWs were in attendance, of all models, years, and varieties.

We bring you some event photos inside.

Four award-winners spanning a displacement range of 1.6 to 4.0 litres – BMW Group again emerges as the most successful auto manufacturer in the internationally renowned engine contest.

Unbeaten titleholders and triumphant newcomers have secured the BMW Group’s renewed pre-eminence at the 2012 International Engine of the Year Awards. Powerplants guaranteeing efficient power delivery in current BMW and MINI models topped no fewer than four out of eight displacement categories. The quartet of trophy-winners comprised two four-cylinder engines, a straight-six and an eight-cylinder. Scooping up best-in-class wins were the 1.6-litre turbo unit of the MINI John Cooper S, the four-cylinder engine with BMW TwinPower Turbo technology that drives the new BMW 328i, among others, the straight-six with M TwinPower Turbo of the BMW 1 Series M Coupe, … CONTINUED