Bayerische Motoren Werke AG (BMW), the world’s biggest maker of luxury cars, is considering building engines in North America for the first time and expanding vehicle production in the region to capitalize on growing demand, three people familiar with the matter said.
BMW may establish a motor factory in Mexico or the U.S., and the Munich-based company could potentially decide on the project in 2014, according to the people, who asked not to be identified because the talks are confidential.
The carmaker would join German premium-auto … CONTINUED
The BMW Group reported record monthly sales for November. With 174,996 BMW, MINI and Rolls-Royce vehicles delivered worldwide, sales were 2.7% higher than for the same month last year (prev. yr.: 170,461). Between January and November 2013, sales increased by 6.8% to reach a new all-time high of 1,777,017 vehicles (prev. yr.: 1,663,615).
Ian Robertson, Member of the Board of Management of BMW AG, responsible for Sales and Marketing BMW: “Strong global demand for our products once again drove sales to a new all-time high … CONTINUED
Year-to-date, the BMW Group U.S. (BMW and MINI combined) is up 9.2 percent on sales of 331,801 in the first eleven months of 2013 compared to 303,728 in the same period in 2012. In November, BMW Group U.S. sales (BMW and MINI combined) totaled 36,327 vehicles, a slight decrease of 0.4 percent from the 36,461 vehicles sold in the same month a year ago.
“Holiday shopping added fuel to our sales giving us the best November ever for BMW and the best year-to-date numbers ever … CONTINUED
Worldwide demand for BMW Group vehicles continues to develop positively. The company reported record monthly sales once again in October. With 165,851 (prev. yr.: 157,621) BMW, MINI and Rolls-Royce vehicles delivered worldwide, sales were 5.2% higher than in the same month last year. Between January and October 2013, sales increased by 7.3% to reach a new all-time high of 1,602,018 vehicles (prev. yr.:1,493,154).
Ian Robertson, Member of the Board of Management of BMW AG, responsible for Sales and Marketing BMW: “We remain on track with … CONTINUED
BMW Group on course after good third quarter
Munich. Despite challenging and volatile business conditions, the BMW Group continued on its successful course during the third quarter and first nine-month period of 2013 and maintained its position as the world’s leading premium car company.
Group revenues in the three months from July to September were on a similar level with the previous year and totalled € 18,750 million (2012: € 18,817 million;
-0.4%). Profit before financial result (EBIT) was almost on par with last year’s, which stood … CONTINUED
The BMW Group in the U.S. (BMW and MINI combined) reported October sales of 33,274 vehicles, an increase of 2.9 percent from the 32,339 vehicles sold in the same month a year ago. Year-to-date, the BMW Group (BMW and MINI combined) is up 10.6 percent on sales of 295,474 in the first ten months of 2013 compared to 267,267 in the same period in 2012.
“The momentum of October is a good indicator of what’s ahead in the final 60 days of the year, especially … CONTINUED
189,675 vehicles sold in September, an increase of 6.7%
Worldwide sales reach all-time high at the end of third quarter
Company maintains sales growth in nearly all regions
The BMW Group continued its successful course in September with another record month in sales. With 189,675 (prev. yr. 177,726) BMW, MINI and Rolls-Royce vehicles delivered worldwide, sales were 6.7% higher than in the same month last year. In the first nine months of 2013, sales increased by 7.5% to the new all-time high of 1,436,178 vehicles (prev. … CONTINUED
The BMW Group in the U.S. (BMW and MINI combined) reported September sales of 28,874 vehicles, an increase of 8.3 percent from the 26,660 vehicles sold in the same month a year ago. Year-to-date, the BMW Group (BMW and MINI combined) is up 11.6 percent on sales of 262,200 in the first nine months of 2013 compared to 234,928 in the same period in 2012.
“September was unusual because of significantly fewer selling days than August, so the more than 8% increase for BMW and another … CONTINUED
BMW is the 3rd most valuable automotive company in the world (and 12th most valuable of all companies), according to Interbrand’s Top 100 Brands list for 2013. Interbrand is a leading branding consulting agency.
BMW retains these same spots from last year’s 2012 Interbrand List. Toyota and Mercedes placed right in front of BMW, in the 10th and 11th spots overall.
For the methodology that Interbrand applies to come up with its list see: http://www.interbrand.com/en/best-gl…thodology.aspx. The major criteria used are Financial Analysis, Role of Brand and … CONTINUED
Price increases are coming October 1, 2013 for nearly all BMW models. Get your orders in! The price increase are as follows inside.
Since 1 August 2013 there have been a number of personnel changes within the BMW Group Design team. Adrian van Hooydonk is in overall charge of BMW Group Design, which embraces all the Group’s brands, and is thus responsible for design at BMW, BMW i, BMW Motorrad and MINI, as well as Rolls-Royce. The various design studios, Advanced Design, design research, design strategy and DesignworksUSA all fall within his remit.
In the BMW Design Team led by Karim Habib, Domagoj Dukec has taken … CONTINUED
BMW Group reported its highest ever sales for the month of August, with a total of 139,648 vehicles delivered worldwide, an increase of 14.8% over the same month last year (prev. yr. 121,628). Worldwide sales year-to-date also reached an all-time high with 1,246,528 vehicles sold, an increase of 7.7% over the same period in 2012 (1,157,807).
“The BMW Group achieved an all-time high in sales for the month of August. For the very first time, we sold over one million BMW brand vehicles in the first … CONTINUED