BMW Corporate
BMW Group USA Reports June 2008 Sales
BMW Group US sales (BMW and MINI combined) down 11 percent in June. MINI sales continue to thrive
WOODCLIFF LAKE, N.J., July 1, 2008 -- The BMW Group in the U.S. (BMW and MINI combined) today reported June vehicle sales of 26,155, a decline of 11 percent from the 29,394 vehicles sold in the same month of 2007. For the first six months of 2008, BMW Group sales are down 3.9 percent to 157,913 vehicles versus the 164,338 sold in the first half of 2007.
2008 BMW 3 Series Sedan
BMW Brand Sales
2008 BMW X3 Scores Huge Success in the J.D. Power Study on Customer Satisfaction in Germany
Munich, 06/20/2008 -- For the second time in succession, the BMW 5 Series seizes first place in the J.D. Power study "Customer Satisfaction Index" (CSI) in the luxury vehicle segment. Moreover, the independent study on car customer satisfaction in Germany puts the 2008 BMW X3 in first position in the off-road category. In addition to this double success achieved by current models, BMW was able to win the brand ranking in vehicle quality and desirability. With this result, the premium car manufacturer once again underlines the exceptional status both its products and the BMW brand enjoys amongst German automobile purchasers.
2008 BMW X3
BMW Museum Opened in Official Ceremony
Munich, 06/19/2008 -- On 19 June 2008, Chairman of the Board of Management of the BMW Group, Dr. Norbert Reithofer, opened the BMW Museum in an official opening ceremony. He highlighted the importance of tradition for the company: "Awareness of our heritage, the experiences and developments that our company has been through give us direction, power and inspiration for our work".
BMW of North America Expands Woodcliff Lake, New Jersey Headquarters
Woodcliff Lake, NJ, June 12, 2008 -- BMW of North America, LLC. today opened its new $100 million addition to its Woodcliff Lake, New Jersey US headquarters. The expansion is BMW Group's largest investment in the U.S. since the inception of its U.S. subsidiary in 1975, apart from the plant in Spartanburg, S.C.
BMW Group's to Expanded U.S. Headquarters in Woodcliff Lake, New Jersey: Artist rendering of BMW Group's newly expanded U.S. headquarters in Woodcliff Lake, New Jersey designed by U.S.-based architecture-engineering firm HOK. Pictured: Eastern Region / Training Center (left) and Engineering Center (right)
BMW Group USA Reports May 2008 Sales
- BMW Group US sales (BMW and MINI combined) up 3.1 percent in May
- MINI sales reached all-time sales record
WOODCLIFF LAKE, N.J., June 3, 2008 /PRNewswire/ -- The BMW Group in the U.S. (BMW and MINI combined) today reported May vehicle sales of 31,781, an increase of 3.1 percent from the 30,819 vehicles sold in the same month of 2007. For the first five months of 2008, BMW Group sales are down 2.4 percent, to 131,758 vehicles versus the 134,944 sold January through May of 2007.
2008 BMW 3 Series Sedan
BMW Brand Sales
BMW Donates RMB 1 Million to Earthquake Disaster Relief in Sichuan Province in China
Appeal for all BMW dealers and customers to join forces to combat the disaster
Munich/Beijing, 05/15/2008 -- The powerful earthquake which hit Sichuan Province with a magnitude of 7.8 caused severe damage in the area and BMW China and BMW Brilliance have responded with prompt action. BMW donated RMB 1,000,000 to the Red Cross Society of China for the eathquake disaster relief and assigned 3 units of BMW X3 for the rescue team to help disaster relief.
At the same time, BMW appealed to all BMW dealers and customers to provide their support as much as possible to join forces in times of hardship. BMW staff have also started to donate funds and the donations will be sent to the earthquake-hit area.
BMW Group Plans to Further Increase Dividends
- Norbert Reithofer: Dividend increase for 2007 seen as first step
- Average profit share of euro 5,600 per employee
Munich 05/08/2008 -- The BMW Group plans to increase the level of shareholders' participation in the success of the BMW Group in the future.
"We see the higher dividend for the financial year 2007 as being the first step", stated Norbert Reithofer, the Chairman of the Board of Management of BMW AG at the Annual General Meeting held on Thursday in Munich. Based on its Number ONE Strategy, the company's activities are being directed towards safeguarding the BMW Group's future and increasing its value. "We have taken the right steps to make BMW stock an even better and safer investment", continued Reithofer.
BMW Group achieves all of its targets in 2007
BMW Group Records Strong Worldwide Sales Increase Again in April 2008
Deliveries rise by 12.5% in the month under review
Munich 05/07/2008 -- The BMW Group once again continued its upward sales trend for all three car brands in April. Overall, in a month-on-month comparison, the company recorded a 12.5% increase in the number of vehicles delivered to reach a total of 133,205 (prev.yr.: 118,378). For the year to April, 485,155 BMW, MINI and Rolls-Royce vehicles have been sold. This is an increase of 7.5% (prev.yr.: 451,311) compared with the same period in 2007.
Highlights:
- BMW grows by 11.6% and MINI by 17.5%
- Over 485,000 vehicles already delivered for the year to April
BMW Group Reports April 2008 Sales
BMW Group (BMW and MINI combined) US sales up 9.6 percent in April. Year-to-date sales are down 4 percent.
WOODCLIFF LAKE, N.J., May 1, 2008 /PRNewswire/ -- The BMW Group in the U.S. (BMW and MINI combined) today reported April vehicle sales of 31,448, an increase of 9.6 percent from the 28,692 vehicles sold in the same month of 2007. For the first four months of 2008, BMW Group sales are still down 4.0 percent, to 99,977 vehicles versus the 104,125 sold January through April of 2007.
2008 BMW M3 Sedan
Among other factors, April sales results were positively affected by new products all launched this spring (BMW M3, BMW X6, BMW 1 Series, MINI Clubman).
BMW Brand Sales
BMW AG Increases Risk Provision
Outlook for Financial Year 2008 Confirmed
04/24/2008 -- Ad-hoc information pursuant to § 15 WpHG (Securities Trading Act), The Board of Management of BMW AG decided at the board meeting held today to increase the amount of risk provision recognised in the first quarter of the financial year 2008 in the light of the repercussions of the international financial crisis.
BMW Presents BMW Hydrogen 7 to EU Parliamentary President, Hans-Gert Pöttering
Strasburg, 04/23/2008 -- During his visit to the European Parliament in Strasburg on 23 April 2008, Dr. Norbert Reithofer, Chairman of the Board of BMW AG, presented the first series hydrogen saloon in the premium segment to the President of the European Parliament, Hans-Gert Pöttering.
BMW Hydrogen 7: Prof. Hans-Gert Pöttering, President of the European Parliament, and Dr. Norbert Reithofer, Chairman of the Board of Management of BMW AG, at the hand over of the BMW Hydrogen 7 (from left)
In line with the European Parliament's efforts to take measures to reduce its own CO2 emissions, President Pöttering agreed to receive this car for institutional use for a limited trial period.
BMW Announces Executive Management Appointments
Woodcliff Lake, NJ - April 22, 2008...BMW announces today the following four executive management appointments.
Tom Purves Appointed CEO of Rolls-Royce Motor Cars
22 April 2008 -- Rolls-Royce Motor Cars today announced that Tom Purves will join the company as its Chief Executive Officer. He will take up his new position in July, following the recent appointment of Ian Robertson to the BMW AG Board of Management. Robertson will remain Chairman of Rolls-Royce.
Purves is currently Chairman and CEO of BMW (US) Holding Corp., a position he has held since May 1999. He is also president of BMW of North America, LLC. He has led the company to achieve groundbreaking success, with market share and sales of BMW Group vehicles more than doubling during his tenure. In addition, Purves was responsible for the successful launch of MINI in North America.
Ian Roberston, Rolls-Royce Chairman and Chief Executive, Joins BMW AG Board
13 March 2008 -- Rolls-Royce Chairman and Chief Executive, Ian Robertson (49), will become a member of the BMW AG Board of Management with immediate effect. He replaces Stefan Krause as the member in charge of sales and marketing.
Robertson has spent his entire career in the motor industry, initially with Rover and Land Rover. In 1999 he was appointed managing director of BMW South Africa, where the business quadrupled in size under his tenure. He joined Rolls-Royce Motor Cars in February 2005 as Chairman and Chief Executive, directing the company through two new product launches and more than a 25 per cent increase in sales. Latterly he has lead his team in the launch preparations of a new model series.
BMW Wins Prestigious Gold Outstanding Merchandising Award for Its New Interactive Dealer Kiosk during Global Shop
Woodcliff Lake, NJ, April 10, 2008 -- In recognition of its innovative interactive dealer kiosk, BMW of North America received a gold Outstanding Merchandising Award (OMA) for "Best Permanent Display" during a special ceremony held at Global Shop-the U.S.'s largest marketing-at-retail trade show-in Chicago. The OMAs are one of the most prestigious and sought-after awards in the marketing-at-retail industry.
BMW Group Reports Record Worldwide Sales in First Quarter 2008
March: best month ever with more than 153,000 vehicles
Munich, 04/07/2008 -- The BMW Group increased its sales in the first quarter of 2008 by 5.7% to 351,787 automobiles (prev.yr.: 332,933). Deliveries of BMW brand cars to customers in the first three months rose by 2.7% to 293,550 vehicles (prev.yr.: 285,840). MINI recorded a significant increase of 23.6% to 58,054 units (prev.yr.: 46,980). Rolls-Royce Motor Cars handed 183 automobiles over to customers in the first quarter (prev.yr.: 113/+61.9%).
BMW Group Reports March 2008 Sales
BMW Group (BMW and MINI combined) sales down by 5.4 percent in March as expected, stronger increase in the second half of the year anticipated
WOODCLIFF LAKE, N.J., April 1, 2008 /PRNewswire/ -- The BMW Group in the U.S. (BMW and MINI combined) today reported March vehicle sales of 27,404, down 5.4 percent from the 28,980 vehicles sold in the same month of 2007. For the first quarter of 2008, BMW Group sales are down 9.2 percent, to 68,529 vehicles versus the 75,433 sold in the first three months of 2007.
BMW Group Heading Towards a Successful Year in 2008
- Adjusted pre-tax earnings will be above last year's level and all-time high sales volume levels expected for all three brands
03/18/2008, Munich -- The BMW Group intends to continue its successful business performance in the current year. "We are aiming towards a current year profit before tax -adjusted for the exceptional gain on the settlement of exchangeable bond on shares in the British aero engine manufacturer, Rolls-Royce, in 2007 - that is higher than in the previous year", said Norbert Reithofer, the Chairman of the Board of Management of BMW AG at the BMW Group Annual Accounts Press Conference in Munich on Tuesday.
BMW Group Invests US$750 Million in US Plant
Capacity will increase to 240,000 vehicles by 2012
Spartanburg, USA, 03/10/2008 -- The BMW Group is investing US$ 750 million in an expansion of its Spartanburg plant. The move will raise production capacity from 160,000 to 240,000 units by 2012 and boost the company's total investment in the plant to US$ 4.2 billion. The plant will grow in size by 140,000 m² - or 60 per cent - to 370,000 m², and 500 new jobs will be created on site.
The expansion will also lead to a hike in purchase and export volumes into and out of the NAFTA region, which will contribute considerably to the BMW Group's natural hedging strategy.
BMW Group Announced as One of "America's Most Admired Companies 2008" by Fortune Magazine
BMW Group ranks no. 1 in its industry and no. 14 in the overall score
Woodcliff Lake, NJ, March 4, 2008 -- FORTUNE Magazine announced that BMW Group is one of "America's Most Admired Companies". The study ranks BMW Group no. 1 in its industry for the second time in a row. For the first time BMW Group also made it - as the only European company - into the overall top 20 list. More than 600 companies were surveyed.
The list and related stories appear in the March 17 issue of FORTUNE, on newsstands March 10 and are currently available online at www.fortune.com.

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