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BMW NEWS
Philadelphia Eagles quarterback Jalen Hurts is turning heads both on and off the field, now with a new addition to his garage—an Isle of Man Green BMW M8 Competition. The color choice resembles somewhat the... First published by https://www.bmwblog.com [...]
With the dust settling on the United States election, some automakers may be panicking at the prospect of a Trump presidency. With the promise of sky-high tariffs on goods produced outside the US, BMW could... First published by https://www.bmwblog.com [...]
Velvet Blue just so happens to be the rumored special color for the M2 CS coming next year. In the meantime, the M3 Touring gets the eye-catching Individual paint job for a dreamy spec of... First published by https://www.bmwblog.com [...]
BMW customers in South Korea have an appetite for special editions even though the cars are not all that special. New limited-run versions are launched on a monthly basis and they’re usually available to order... First published by https://www.bmwblog.com [...]
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Philadelphia Eagles quarterback Jalen Hurts is turning heads both on and off the field, now with a new addition to his garage—an Isle of Man Green BMW M8 Competition. The color choice resembles somewhat the... First published by https://www.bmwblog.com [...]
With the dust settling on the United States election, some automakers may be panicking at the prospect of a Trump presidency. With the promise of sky-high tariffs on goods produced outside the US, BMW could... First published by https://www.bmwblog.com [...]
Velvet Blue just so happens to be the rumored special color for the M2 CS coming next year. In the meantime, the M3 Touring gets the eye-catching Individual paint job for a dreamy spec of... First published by https://www.bmwblog.com [...]
BMW customers in South Korea have an appetite for special editions even though the cars are not all that special. New limited-run versions are launched on a monthly basis and they’re usually available to order... First published by https://www.bmwblog.com [...]
- Check against delivery – Ladies and Gentlemen, At the BMW Group, we always focus on opportunities in the current market, as well as on our long-term success. We ensure this by acting in a flexible, forward-looking manner. After the extraordinary challenges in the third quarter, we are looking ahead: In the fourth quarter, we are back on track for stronger earnings in order to achieve our annual targets, despite planned high upfront expenditures. We continuously adapt to changes in our environment – without ever reacting rashly. We continue to steer our strategic course into the [...]
- Check against delivery – SLIDE 2: BMW Group Quarterly Statement to 30 September 2024 Good Morning, Ladies and Gentlemen, First, I want to clear up that the sales and earnings figures we are releasing today should be viewed in the light of extraordinary challenges. As you are aware, we revised our guidance for 2024 on September 10th. This was mainly due to two factors: First: temporary delivery stops and technical measures related to the Integrated Braking System, or IBS, delivered by a supplier. Second: ongoing muted demand in China. In the case of IBS, [...]
Munich. The BMW Group expects sequentially increasing deliveries in the final quarter of 2024. This follows a third quarter in which technical actions linked to the Integrated Braking System (IBS) presented extraordinary challenges. As stated in the ad hoc announcement on September 10, the technical actions – together with weak demand in China – dampened the sales and revenue situation in the reporting period from July to September. Moreover, additional IBS-related provisions for warranty obligations in the high three-digit million-euro range impacted the third quarter. As a result, the BMW Group adjusted its 2024 financial guidance. Nevertheless, the ramp-up [...]
Attached please find the Quarterly Statement to 30 September 2024 for download. The speeches and telephone conferences for journalists and investors & analysts will be broadcast live on our website https://www.bmwgroup.com/en/investor-relations/company-reports.html: 08.30 am (CET): Speeches Oliver Zipse and Walter Mertl09.05 am (CET): Journalists Q&A10.15 am (CET): Investors & Analysts Q&A [...]
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