The BMW Group increased sales volume, revenues and Group earnings in both the second quarter and the first half of 2014, thereby continuing its successful business development.
Group revenues increased in the second quarter by 1.8% to reach € 19,905 million (2013: € 19,552 million) for this three-month period. Business benefited perceptibly from an increase in sales volume, with exchange rate factors damping the scale of the increase in revenues. EBIT rose by 26.0% to € 2,603 million (2013: € 2,066 million) on the back … CONTINUED
BMW brand sales up 9.8 percent – best July ever
MINI brand sales down 2.3 percent
BMW Motorcycle sales down 3.3
Woodcliff Lake, NJ – August 1, 2014… The BMW Group in the U.S. (BMW and MINI combined) reported July sales of 32,220 vehicles, an increase of 7.4 percent from the 29,993 vehicles sold in the same month a year ago. Year-to-date, the BMW Group (BMW and MINI combined) is up 5.4 percent on sales of 213,754 in the first seven months of 2014 compared to 202,780 … CONTINUED
Today the BMW Group celebrated the opening of its first Driving Center in Asia, located in Incheon, Korea. The investment totals 75.5 million US Dollars up to 2020 (77 billion Korean won), and around 100 new jobs have already been created.
The BMW Group has driving experience centers in both Germany and the US, however the Driving Center in Korea is the first one worldwide to combine both a driving track and a dedicated brand experience. It will open its doors to the public on … CONTINUED
Sales increase by 6.9% with 1,020,211 deliveries in the first half year
Best ever June for BMW Group: 193,342 vehicles sold, rise of 4.8%
Munich. The BMW Group sold more than a million vehicles in the first half of 2014, more than ever before in the first six months of the year. A total of 1,020,211 vehicles were delivered to customers worldwide, an increase of 6.9% over the same period last year (954,501). Sales in June also reached an all-time high: deliveries increased 4.8% with a … CONTINUED
The BMW Group will build a new plant in Mexico in close proximity to the city of San Luis Potosí in the state of the same name. This move is in line with the company’s clear strategic policy of ensuring globally-balanced growth.
“Mexico is an ideal location for the BMW Group and will be another important plant within our production network. We will invest one billion US dollars in the new production site over the next few years. Production is planned to start in 2019 … CONTINUED
The BMW Group in the U.S. (BMW and MINI combined) reported June sales of 35,577 vehicles, an increase of 5.7 percent from the 33,645 vehicles sold in the same month a year ago. Year-to-date, the BMW Group (BMW and MINI combined) is up 5.1 percent on sales of 181,534 in the first half of 2014 compared to 172,787 in the same period in 2013.
BMW Brand Sales – Best First Half Ever
Sales of BMW brand vehicles increased 11.5 percent in June for a total of … CONTINUED
Germany’s BMW AG will unveil this week plans to build a new factory in Mexico, a government official said, as the company seeks to meet growing demand for premium cars.
News of the factory comes just days after BMW’s German rival, Daimler, announced similar plans, and adds to a growing list of companies plowing money into car making in Mexico.
Speaking on condition of anonymity, the Mexican official said the plant would likely amount to an investment of at least 1 billion euros ($1.36 billion) and … CONTINUED
Total of 177,741 vehicles delivered in May, increase of 6.8%
Year-to-date sales up 7.4% to 826,865
BMW 5 Series continues to lead its segment with rise of 10.6% in May
Munich — June 10, 2014…Deliveries of BMW, MINI and Rolls-Royce brand vehicles increased 6.8% to total 177,741 in the last month, making it the best May ever (prev. yr. 166,381). A new sales record was also reached in the year-to-date with a total of 826,865 vehicles delivered in the first five months of the year (prev. yr. … CONTINUED
BMW Group U.S. Reports May 2014 Sales
Record May for BMW Brand
BMW i3 charges into the market
Strong recovery for MINI brand
Woodcliff Lake, NJ – June 3, 2014… The BMW Group in the U.S. (BMW and MINI combined) reported May sales of 35,331 vehicles, an increase of 13.3 percent from the 31,174 vehicles sold in the same month a year ago. Year-to-date, the BMW Group (BMW and MINI combined) is up 4.9 percent on sales of 145,957 in the first five months of 2014 compared … CONTINUED
The 2014 BrandZ Top 100 Global Brands Ranking has been released by Millward Brown, a global research agency specializing in advertising, marketing communications, and media.
The list places BMW as the world’s second most valuable automotive brand, behind only monolith Toyota. BMW places 32nd overall with a $25 billion brand value.
Mercedes placed 42nd, Honda 70th, Ford 84th and Nissan 90th.
A total of 162,093 BMW, MINI and Rolls-Royce brand vehicles were delivered to customers in April, a rise of 4.3% on the same month last year (prev. yr. 155,427), making it the best April ever. Year-to-date Group sales climbed 7.5% to a new high, with 649,118 vehicles delivered in the first four months of the year (prev. yr. 603,631).
“The BMW Group achieved record sales in April, keeping us on track to achieve our aim of delivering our best ever year with more than two … CONTINUED
Due to the high demand for carbon fiber in automotive production, SGL Automotive Carbon Fibers is going to triple the capacity of the carbon fiber plant in Moses Lake, WA (USA). This has been announced today by the joint venture partners, SGL Group and BMW Group, at the groundbreaking ceremony for the planned site expansion. The expansion will be funded by an investment of 200 million US dollars, in addition to the previously invested 100 million US dollars. The site expansion, scheduled to be … CONTINUED