Jeff

BMW Group and PSA Peugeot Citroën Create Joint Venture to Enhance Cooperation on Hybrid Technologies

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02.02.2011BMW Group and PSA Peugeot Citron Create Joint Venture to Enhance Cooperation on Hybrid Technologies The joint venture will focus on developing and producing hybrid components, a fast-growing sectorCooperation will leverage significant economies of scale Munich/Paris. The BMW Group and PSA Peugeot Citron have decided to enter into a new phase of their collaboration, by … Read more

BMW Group starts new year with strong sales growth

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08.02.2011BMW Group starts new year with strong sales growth Deliveries up 28% in JanuaryBMW Group reports gains in almost all marketsBMW Motorrad sales rise 23.6% Munich. The BMW Group started the new year well, with strong sales growth of 28%. A total of 105,177 BMW, MINI and Rolls-Royce brand automobiles were delivered to customers worldwide … Read more

New BMW sub-brand: BMW i

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21.02.2011New BMW sub-brand: BMW i BMW i stands for sustainable vehicles and mobility solutionsTwo models available from launch: BMW i3 and BMW i8 Mobility services complement core businessBMW i Ventures holding company founded Munich. The new BMW sub-brand focused on developing sustainable mobility solutions has been launched. BMW i represents a new movement in premium … Read more

BMW Group and PSA Peugeot Citroën to Invest 100 Million EUR in Joint Venture on Hybrid Technologies

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28.02.2011BMW Group and PSA Peugeot Citron to Invest 100 Million EUR in Joint Venture on Hybrid Technologies Research and Development to be located in the greater Munich areaProduction facility would be in Mulhouse, France 400 employees expected on board by end of 2011 Geneva, Switzerland. The BMW Group and PSA Peugeot Citron plan to invest … Read more

Robertson: Exceptional growth from young, attractive model range + + Balanced, double-digit growth in Europe, Asia and the Americas

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09.03.2011BMW Group increases sales by 21.7% percent in February Robertson: Exceptional growth from young, attractive model rangeBalanced, double-digit growth in Europe, Asia and the Americas Munich. The BMW Groups sales growth continued to be solidly in the double-digit range in February. A total of 111,720 BMW, MINI and Rolls-Royce vehicles were delivered to customers (prev. … Read more

Profit before tax rises to euro 4,836 million + + Profit before financial result climbs to euro 5,094 million + + Automobiles segment reports EBIT of euro 4,355 million + + Record dividend of euro 1.30 per share proposed

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10.03.2011BMW Group posts record earnings for 2010 Profit before tax rises to euro 4,836 millionProfit before financial result climbs to euro 5,094 millionAutomobiles segment reports EBIT of euro 4,355 millionRecord dividend of euro 1.30 per share proposed Munich. The BMW Group has achieved new record highs for revenues and earnings in 2010, with revenues climbing … Read more

EBIT margin of over 8% expected in Automobiles segment + + Sales volume of well in excess of 1.5 million vehicles targeted + + Margin of 8% to 10% for Automobiles confirmed for 2012

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15.03.2011BMW Group aims to further increase earnings in 2011 EBIT margin of over 8% expected in Automobiles segment Sales volume of well in excess of 1.5 million vehicles targetedMargin of 8% to 10% for Automobiles confirmed for 2012 Munich. The BMW Group can look ahead with confidence at the current financial year thanks to its … Read more

Best first quarter ever for BMW and MINI + + BMW 5 Series strengthens segment leadership

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08.04.2011BMW Group sells more vehicles in March than ever before Best first quarter ever for BMW and MINIBMW 5 Series strengthens segment leadership Munich. The BMW Group sold more vehicles in March than ever before in a month. The company sold a total of 165.842 BMW, MINI and Rolls-Royce brand vehicles in the past month, … Read more