Harald Krüger to become Chairman of the Board of Management in May 2015
Dr. Norbert Reithofer proposed to succeed as Chairman of the Supervisory Board
Prof. Joachim Milberg to take leading role in the BMW Group’s worldwide CSR activities and charitable foundations
Klaus Fröhlich appointed to Board of Management with responsibility for Development
Munich . At its meeting today, the Supervisory Board of BMW AG took the first steps to initiate a generational change at the head of the company’s Board of Management and Supervisory Board. Harald Krüger … CONTINUED
Sales of BMW brand vehicles decreased 2.3 percent in November for a total of 31,019 compared to 31,752 vehicles sold in November, 2013. Year-to-date, the BMW brand is up 9.7 percent on sales of 298,212 compared to 271,891 sold in the first eleven months of 2013.
The BMW Group is preparing to follow up its innovative and revolutionary BMW i models with plug-in hybrid versions of the core-brand models. In Miramas, France, it will present a BMW 3 Series plug-in hybrid prototype and a new generation of hybrid vehicle concepts incorporating technology already used in BMW i models. Long term, the BMW Group is planning to offer plug-in hybrid versions of all its core-brand models.
Herbert Diess, Member of the Board of Management BMW AG, Development, said:
“All BMW Group models benefit … CONTINUED
U.S. electric carmaker Tesla Motors is in talks with Germany’s BMW over a possible alliance in batteries and light-weight components, Tesla’s Chief Executive Elon Musk told German weekly Der Spiegel.
In an interview published on Sunday, Musk described BMW’s production of carbon fibre reinforced car body parts as “interesting” and “relatively cost efficient.”
BMW uses carbon fibres from its joint venture with materials supplier SGL to make reinforced passenger cell parts for its i3 electric hatchback and i8 plug-in hybrid sports car.
Officials at BMW … CONTINUED
Demand for BMW Group vehicles increased in October with global sales for the month higher than ever before. A total of 184,297 BMW, MINI and Rolls-Royce vehicles were delivered worldwide (prev. yr. 165,854 / +11.1%). In the first ten months of the year, BMW Group sales rose 7.0%, totalling 1,714,197 vehicles (prev. yr. 1,602,020).
Ian Robertson, Member of the Board of Management of BMW AG responsible for Sales and Marketing BMW said, “We are seeing good sales development across the model range and all sales … CONTINUED
According to Bloomberg, development of the BMW-Toyota joint sports car project has moved beyond the technical feasibility study stage and is now in the concept design phase:
BMW, Toyota Push Development of Midsize Sports Car
November 6, 2014
Cooperation on the underpinnings of the vehicles “has moved on to the concept phase and is running according to plan,” Munich-based BMW said in a statement to Bloomberg News. A technical feasibility study that began in January 2013 has been “successfully completed.”
The midsize model is the most visible project … CONTINUED
Sales of BMW brand vehicles increased 11 percent in October for a total of 30,602 compared to 27,574 vehicles sold in October, 2013. Year-to-date, the BMW brand is up 12 percent on sales of 267,193 compared to 238,469 sold in the first ten months of 2013.
“The momentum is still with us as shown by back-to-back monthly records for BMW in October and September,” said Ludwig Willisch, President and CEO, BMW of North America. “Our new models, especially the 2 and 4 Series, are giving … CONTINUED
A little over a week after BMW works driver Marco Wittmann (DE) received the coveted 2014 DTM Champion trophy at the season finale in Hockenheim (DE), on Monday he visited the home of BMW in Munich (DE). The 24-year-old visited the BMW Group plant in Munich. Then Wittmann introduced himself to the employees at the centre for research and innovation (Forschungs- und Innovationszentrum (FIZ), the technological heart of the BMW Group.
In the morning Wittmann took a look behind the scenes during an extended … CONTINUED
Large-scale manufacturing of cars made with lightweight carbon fiber is moving closer to reality as costs start to fall, according to a materials-development group that has BMW AG as a partner.
MAI Carbon Cluster Management GmbH, a research effort supported by Germany’s federal government, businesses and research institutions, is making progress toward reducing carbon-fiber production costs by 90 percent, according to Klaus Drechsler, head of the 80 million-euro ($102 million) project.
“We’ve certainly reached a halfway point on our cost-cutting target for suitable carbon-fiber parts,” said … CONTINUED
Overall sales of BMW, MINI and Rolls-Royce vehicles have continued to grow, making it the BMW Group’s best ever September. A total of 199,799 vehicles were delivered to customers, an increase of 5.3% on the same month last year (189,664). The first three quarters of 2014 were also the most successful in the company’s history. A total of 1,529,880 vehicles have been sold in the year-to-date, up 6.5% compared to the same period last year (prev. yr. 1,436,166).
“As in the first three quarters overall, … CONTINUED
BMW has hired Roberto Fedeli, Ferrari’s ex technical director, for a yet unspecified role/position. Fedeli is set to join BMW officially in November, “but we currently can’t say what his role will be,” a BMW spokesman told Automotive News Europe. This news comes shortly on the heels of news of another notable pickup for BMW – Franciscus van Meel, former head of Audi Quattro, who will become the next chief of BMW M.
According to Automotive News:
A Ferrari spokesman said Fedeli left the sports … CONTINUED
BMW of North America today announced the opening of the new BMW Performance Center West, the company’s permanent performance driver training facility located in Southern California. BMW partners with The Thermal Club, the new premier private motorsports club, to create a dedicated road course and training facility just a few minutes outside of La Quinta, California. Opening in late 2014, the BMW Performance Center West will offer the full complement of performance driving courses for which the BMW Performance Center in Spartanburg, South Carolina … CONTINUED
Sales of BMW brand vehicles increased 8.6 percent in September for a total of 25,586 compared to 23,568 vehicles sold in September, 2013. Year-to-date, the BMW brand is up 11.3 percent on sales of 236,591 compared to 212,565 sold in the first nine months of 2013.
“After such a strong August, to set a new September sales record for BMW is a great accomplishment and emphasizes the importance of our new models to the company’s sales success,” said Ludwig Willisch, President and CEO, BMW of … CONTINUED
BMW of North America today announced a modest inflationary price increase for some Model Year 2015 vehicles, effective October 1, 2014. The Destination and Handling fee for all models is $950 and is included in the following list for current and new prices. See inside for the adjusted pricing.
Please note that there are no price changes for other models.
BMW M GmbH will get a new chairman from 1 January 2015, with Franciscus van Meel taking over from retiring chief Dr. Friedrich Nitschke.
The appointment is notable because van Meel, 48, joins BMW after leading Audi’s quattro GmbH division – and has not even joined BMW Group yet: his first day is 1 October.
Van Meel has worked at Audi AG since 1996, in chassis development and technical management, becoming MD of quattro GmbH in 2012.
However, earlier this year, van Meel was reportedly stood down … CONTINUED
Today, BMW Group celebrated the official opening of its newest Vehicle Distribution Center at the Port of Baltimore. The facility will serve 96 dealers within the Central and Eastern regions of BMW’s dealer network. Ludwig Willisch, President and CEO, BMW of North America, and Craig Westbrook, Vice President – Aftersales, BMW of North America, were in attendance and spoke at the opening.
“BMW Group year-to-date sales in the U.S. set a new benchmark, topping 246,000 vehicles in the first eight months of this year, and … CONTINUED
145,902 vehicles sold worldwide in August, up 4.5%
Year-to-date sales total 1,330,077, rise of 6.7%
Munich. The BMW Group saw its most successful August ever with 145,902 vehicles delivered to customers around the world (prev. yr. 139,650 / +4.5%). Sales for the first eight months of the year are also higher than in any previous year with a total of 1,330,077 BMW, MINI and Rolls-Royce vehicles sold, an increase of 6,7% over the same period in 2013 (prev. yr. 1,246,502).
“Our worldwide sales continue to grow, with … CONTINUED