BMW Group and Toyota Motor Corporation (TMC) are pursuing their successful strategic long-term cooperation in the field of sustainable mobility today by signing binding agreements aimed at long-term collaboration between the two companies for the joint development of a fuel cell system, joint development of architecture and components for a sports vehicle, and joint research and development of lightweight technologies. These agreements follow a memorandum of understanding signed in June 2012.
Furthermore, BMW Group and TMC also today signed a binding agreement to commence collaborative research … CONTINUED
The BMW 3 Series has taken the sales crown for the compact luxury sports sedan segment for the year 2012. BMW sold 99,602 3 Series in 2012 compared to 81,697 C-Class sold by Mercedes Benz. The 3 Series figures include sales of the E92, E93, F30 and F31 models.
BMW managed this feat even with some supply constraints on the F30 3 Series experienced during earlier parts of 2012.
Here is the full list of the segment’s sales figures.
In 2012, the BMW Group in the U.S. (BMW and MINI combined) achieved its best sales since the previous record year of 2007 retailing 347,583 vehicles, up 13.8 percent compared to the 305,418 vehicles sold in 2011. BMW Group reported December sales of 43,855 vehicles, an increase of 34.8 percent from the 32,545 vehicles sold in the same month a year ago.
“To turn months of critically short supply into the best year ever for the BMW Group in the U.S. is a monumental achievement, emphasizing … CONTINUED
Investors currently value BMW at approximately twice the amount of what Mercedes-Benz’s car business is worth. BMW’s market capitalization has risen to 45 billion euros ($58.8 billion) compared to 42.2 billion for Daimler. But, take away a reasonable estimated price for Daimler’s truck business and that the market cap figure drops to 25 billion euros for Mercedes’ passenger car business.
“The market is saying that the prospects for Mercedes are much worse than for BMW,” said Hans-Peter Wodniok, an analyst with Fairesearch in Kronberg, Germany. “The … CONTINUED
The BMW Group and Boeing signed a collaboration agreement to participate in joint research for carbon fiber recycling as well as share manufacturing knowledge and explore automation opportunities.
Both the BMW Group and Boeing are pioneering the use of carbon fiber in their products. With the release of the BMW i3 in late 2013, followed later by the BMW i8, the BMW Group will bring two vehicles with a carbon passenger cell onto the market for the first time and Boeing’s 787 Dreamliner is made up … 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 2012. Interbrand is a leading branding consulting agency.
Read on inside…
From BMW’s November 2012 sales numbers, here are some updated sales stats for the 3 series.
10,776 3 Series were sold in November 2012, representing a 42.4% increase over November 2011.
88,857 3 Series have been sold year-to-date in 2012, an increase of 3.5% over same period last year.
It appears that 3 Series sales are doing just fine, contrary to what some naysayers may claim.
BMW brand up 45 percent in November – best month ever; 10.4 percent year-to-date increase.
MINI brand up 10.5 percent in November; 15.2 percent increase year-to-date – already surpassed 2011 sales record.
Woodcliff Lake, NJ – December 3, 2012… The BMW Group in the U.S. (BMW and MINI combined) reported November sales of 36,461 vehicles, an increase of 38.8 percent from the 26,271 vehicles sold in the same month a year ago. Year-to-date, BMW Group is up 11.3 percent on sales of 303,728 in the first eleven … CONTINUED
According to the 2012 CarMD Vehicle Health Index, Toyota Motor Sales, U.S.A., Inc., is the no. 1-ranked manufacturer in the U.S. for the second consecutive year. Toyota earns the top spot with the lowest Index rating of 0.58, which is an improvement from its 0.67 rating in 2011 (the lower the rating score, the better the overall ranking). Rounding out the top five vehicle manufacturers of 2012 are no. 2 Hyundai Motor America, no. 3 BMW USA, no. 4 Honda Motor Co., Inc. and no. … CONTINUED
BMW has ranked as the most attractive auto company to work for on a World’s Most Attractive Employers 2012 report.
For the fourth year in a row, business students from around the world rated Google as the company they would most like to work for. The World
Karim Habib has been in charge of BMW Design since June 2012. The Lebanon-born Canadian heads a team of designers and developers working to constantly enhance and redevelop the designs of current and future BMW models. A sophisticated designer who grew up in five countries with vastly different cultures, he is committed to the idea of evolving design and is always striving to expand his range of skills. To this end, he doesn’t merely apply himself to his immediate field; he also appreciates the more … CONTINUED
The BMW Group continued to perform successfully during the period under report despite difficult market conditions. Sales volume, revenues and earnings figures all constituted new highs to date for a third quarter. Revenues during the three-month period from July to September rose by 13.7% to € 18,817 million (2011: € 16,547 million). The profit before financial result (EBIT) increased by 13.8% to € 2,004 million (2011: € 1,761 million). Third-quarter profit before tax (EBT) improved by 17.6% to € 1,987 million (2011: € 1,689 million). … CONTINUED
BMW of North America will give $1 million to the American Red Cross for disaster relief in the aftermath of Hurricane Sandy.
Woodcliff Lake, NJ – November 2, 2012… “This donation will help the Red Cross give aid to the many who are in need in the affected areas,” said Ludwig Willisch, CEO and President, BMW of North America. “We support those who are working so hard on the recovery effort and we are encouraging our employees across North America to volunteer their time and money … CONTINUED
Woodcliff Lake, NJ – November 1, 2012… The BMW Group in the U.S. (BMW and MINI combined) reported October sales of 32,339 vehicles, an increase of 18.5 percent from the 27,288 vehicles sold in the same month a year ago. Year-to-date, BMW Group is up 8.4 percent on sales of 267,267 in the first ten months of 2012 compared to 246,602 in the same period in 2011.
“Momentum is increasing and the October figures show supply is finally catching up with demand as our new models … CONTINUED
The BMW Group plans to build a new plant in Brazil. “We welcome the new framework for investments in Brazil, based on the recently adopted “Inovar Auto” legislation. We have submitted an investment proposal for our planned new plant to the Brazilian Government,” said Ian Robertson, Member of the Board of Management, responsible for Sales and Marketing BMW, at a meeting with Brazilian President Dilma Rousseff in the capital, Brasilia, on Monday.
Subject to final approval of the plans by the Brazilian Government, the goal is … CONTINUED
BMW has shifted tens of thousands of cars that were originally targeted for Europe to the U.S. and Asia this year as sales weaken in the crisis-hit region.
“Challenges in Europe are getting greater,” Ian Robertson, sales chief for the world’s largest luxury-car brand, said to reporters today at a company event in Munich. The region faces “a lot of bumps on the road” before it stabilizes and an auto-market recovery could take years, he said.
Europe’s car industry is poised to suffer its biggest annual sales … CONTINUED
Today, on the fifth anniversary of the opening of the BMW Welt, the BMW Group gave the press a sneak preview of its new brand experience. The official opening weekend for all visitors will be on 20-21 October 2012. From now on, the brand worlds of MINI, Rolls-Royce and Husqvarna Motorcycles, and the sub-brands BMW i, BMW M and MINI John Cooper Works will be part of the BMW Welt experience, as well as the BMW and BMW Motorrad brands. The BMW Group will also … CONTINUED
Via BMW: Over a year ago, BMW Financial Services launched The Ultimate Drive smartphone app for iPhone and Android, which lets you find millions of miles of user-suggested driving routes and receive special discounts for BMW FS (U.S. customers only). Today, we’ve made the app available to an even wider audience with a standalone Facebook app — The Ultimate Drive for Facebook. Anyone who has a Facebook account can now access our free app from their computer!
In addition to making The Ultimate Drive App … CONTINUED