Author: BMW Official News

@BMW: BMW Group achieves healthy margins in volatile environment thanks to high demand002691

Munich, Germany – May 4, 2023 …With its fresh and attractive portfolio and a strong product mix, the BMW Group continued on its successful course in the first quarter of 2023. The company’s strong operating performance was confirmed by its margins: The Group EBT margin for the three-month period came in at 13.9%, while the EBIT margin for the Automotive Segment increased… Continue reading @BMW: BMW Group achieves healthy margins in volatile environment thanks to high demand002691

@BMW: BMW Group Quarterly Statement to 31 March 2023002690

Attached please find the Quarterly Statement to 31 March 2023 for download.The telephone conferences for journalists and analysts will be broadcast on our website at 10:00 a.m. (CEST) and 2:00 p.m. (CEST) respectively. BMW Group In AmericaBMW of North America, LLC has been present in the United States since 1975.  Rolls-Royce Motor Cars NA, LLC began… Continue reading @BMW: BMW Group Quarterly Statement to 31 March 2023002690

@BMW: MINI John Cooper Works with 6-speed manual transmission from Bulldog Racing will compete in the 51st edition of the 24-hour race at the Nürburgring, driven by Charlie Cooper (GBR).002690

Nürburg. A completely new MINI John Cooper Works with a 6-speed manual transmission will complement Bulldog Racing’s line-up, competing with Start Number #126 in the VT2-FWD class at this year’s 24-hour race at the Nürburgring. In addition to that, the crowd favorite red MINI John Cooper Works #112 from last years’ 50th anniversary 24-hour race… Continue reading @BMW: MINI John Cooper Works with 6-speed manual transmission from Bulldog Racing will compete in the 51st edition of the 24-hour race at the Nürburgring, driven by Charlie Cooper (GBR).002690

@BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 31 March 2023002689

Ladies and Gentlemen, The BMW Group has a strong global footprint. It serves as a local partner in individual regions of the world, contributing positively to industrial economic value in all. We currently have production sites at 31 locations on five continents. We also have research and development centres in 17 countries – not to… Continue reading @BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 31 March 2023002689

@BMW: Statement and Presentation Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 31 March 2023002688

Good Morning, Ladies and Gentlemen. As expected, the BMW Group started 2023 with a solid performance. Group earnings came in at around 5.1 billion euros – with a Group EBT margin of 13.9%. After the first three months of the year, the Automotive Segment delivered an EBIT margin of 12.1%. We achieved this in the… Continue reading @BMW: Statement and Presentation Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 31 March 2023002688

@BMW: BMW is a partner of the 76th Cannes Film Festival.002686

Munich. BMW is reprising its role as Official Partner of the Cannes Film Festival in 2023 following its debut appearance last year. The Bavarian premium carmaker is supplying the 76th edition of the celebrated festival and some of its Official Partners with a selection of over 200 fully electric vehicles, plus the new BMW XM… Continue reading @BMW: BMW is a partner of the 76th Cannes Film Festival.002686

@BMW: BMW Group Quarterly Statement to 31 March 2023002685

Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com. PressClub Global · Article. Thu May 04 07:33:13 CEST 2023 Press Release Top BMW Group Quarterly Statement to 31 March 2023 Attached please find the Quarterly Statement to 31 March 2023 for download. The telephone conferences for journalists and… Continue reading @BMW: BMW Group Quarterly Statement to 31 March 2023002685

@BMW: BMW Group achieves healthy margins in volatile environment thanks to high demand002684

Zipse: “Our compelling products inspire customers all over the world” Group EBT margin at 13.9% Automotive EBIT margin climbs to 12.1% Free cash flow of around € 2 billion in Auto Segment Sales of BMW BEVs up 112% 2023 Guidance confirmed in continuing volatility Munich. With its fresh and attractive portfolio and a strong product… Continue reading @BMW: BMW Group achieves healthy margins in volatile environment thanks to high demand002684

@BMW: BMW AG approves further share buy-back programme with a volume of up to EUR 2 bn.002683

Munich. Today, the Board of Management of the Bayerische Motoren Werke Aktiengesellschaft (BMW AG) approved a further share buy-back programme in a volume of up to 2 billion EUR (total purchase price excluding ancillary acquisition costs), which is scheduled to start upon conclusion of the first buy-back programme. The latter was started in July 2022… Continue reading @BMW: BMW AG approves further share buy-back programme with a volume of up to EUR 2 bn.002683