Gurugram. BMW Group India is thrilled to announce ‘Women Power Drive’ 2026, an unprecedented pan-India initiative that will unite women customers from BMW, MINI, and BMW Motorrad on 7 March 2026 - International Women’s Day. This landmark event will honour the strength, passion, and unstoppable spirit of women and love for their machines.

Mr. Hardeep Singh Brar, President and CEO, BMW Group India, said, “The Women Power Drive is a celebration of the incredible passion, confidence, and excellence that women bring to life. We are proud to unite our BMW, MINI, and BMW Motorrad communities across India in one single expression of solidarity. This initiative is aimed at nurturing an inclusive community where women are distinguished not only as drivers and riders but as pioneers and changemakers. We look forward to seeing this powerful movement inspire and connect women across the nation."

Women customers interested to become part of this one-of-a-kind event can register at their nearest BMW, MINI or BMW Motorrad dealership.

As part of the drive, participants will also indulge in a series of curated experiences designed to engage and enjoy, from artisanal food workshops and wellness sessions to beauty and styling activities and expert talks on personal branding, confidence, and nutrition.

The initiative underscores BMW Group’s promise of delivering a luxurious experience and emotional resonance at every touchpoint. Women Power Drive 2026 promises to be a milestone event with more than 1,000 women expected to participate.

If you have any queries, please contact:

  BMW Group India

Richa Sharma, Press and Corporate Affairs

Cell: +91 99100 22148; Email: Richa.Sharma@bmw.in

Satchit Gayakwad, Press and Corporate Affairs

Cell: +91 95607 25900; Email: Satchit.Gayakwad@bmw.in

Internet: www.bmw.in

Facebook: https://www.facebook.com/bmwindia

X: https://x.com/bmwindia

YouTube: https://www.youtube.com/user/bmwindia

Instagram: https://www.instagram.com/bmwindia_official

LinkedIn: https://www.linkedin.com/company/bmw-india/

#BMW #BMWIndia #BMWIndia_Official #SheerDrivingPleasure

- Check against delivery –

Statement 

Oliver Zipse, Chairman of the Board of Management of BMW AG

Jochen Goller, Member of the Board of Management of BMW AG, Customer, Brands, Sales

Adrian van Hooydonk, Head of BMW Group Design

Markus Flasch, CEO BMW Motorrad

IAA Mobility 2025 Summit Press Conference

Munich , 8 September 2025

Speech Oliver Zipse, Chairman of the Board of Management of BMW AG

Ladies and gentlemen,

This year’s IAA MOBILITY impressively demonstrates that the desire for individual mobility has never been stronger. Today, more than ever, global success depends on the ability to master new technologies and to anticipate what customers around the world want.

It also takes courage to make bold leaps. A pioneering spirit – to explore new paths. Confidence in your own abilities. And resilience – to stay the course, even in the face of headwinds. And on top it requires a team of nearly 160,000 employees who are passionate about shaping the future of mobility. Then evolution becomes revolution. Vision becomes reality.

You’ll remember that, back in 2021, I promised we would lead BMW into a new era. With the NEUE KLASSE. Today, we deliver on that promise.

Early this decade, we recognized an opportunity; a chance to set new benchmarks across all relevant technologies in the car. It was an opportunity that only comes once in a lifetime. The perfect BMW moment.

The NEUE KLASSE is much more than just a new vehicle. It marks a completely new model generation. A massive leap that redefines the entire brand.

The new BMW iX3 will be followed by more than 40 new or updated BMW models by 2027. Each will have the NEUE KLASSE genes – regardless of the drivetrain. More than any other project, the NEUE KLASSE represents the innovative spirit of all our associates. Across all our brands.

On behalf of the entire company, it is my great honor to unveil:

The new BMW iX3!

Ladies and gentlemen,

I’ve been with the BMW Group for 34 years. I’ve witnessed many world premieres and bold technological innovations. But a vehicle like this is something you experience only once. All of us at the BMW Group have been working tirelessly towards this moment.

With the NEUE KLASSE, we’ve created an unprecedented interplay of multiple, ground-breaking technologies. Now, we are taking Sheer Driving Pleasure to a whole new level. In short: The NEUE KLASSE is more BMW than ever.

And the next highlight is already waiting in the wings. Early next year, we will unveil the second model of the NEUE KLASSE – a sporty sedan at the very core of the brand:

the new all-electric BMW i3.

Ladies and gentlemen,

From the drivetrain to battery technology and driving dynamics, from the operating system to the digital user experience: We’ve elevated every single aspect to the next level for the NEUE KLASSE.

With this new design language, we’ve even skipped a whole generation. And there's no one better to explain how our customers will experience this with all their senses than Adrian van Hooydonk.

Speech Adrian van Hooydonk, Head of BMW Group Design

Welcome ladies and gentlemen!

Yes, the big moment has finally come. As Oliver mentioned, with the Neue Klasse we are taking very big steps in technology. These bigger steps in technology can only become meaningful hand in hand with big steps in design. The BMW iX3 has a much bigger range helped by a very clean shape with excellent aerodynamics.

In the interior you will find a new display concept that allowed us to clean-up the dashboard and completely redefine the driving experience.

But let‘s look at the exterior design first: We have typical solid BMW SAV proportions with a lot of presence and emphasis on all four wheels. The surfaces are very clean with only a few precise lines. The front-end shows a new interpretation of the BMW typical face in which we replace chrome with light. Vertically oriented kidneys match the more upright overall appearance of our SAV. This new light signature is part of the daytime running light and it will make the new BMW iX3 very recognizable by day and by night. Overall, the car has a very solid stance and strong shoulders and, in the rear, again a new light signature that emphasizes the width of the car.

In the interior you will find that the driving experience is and will remain our focus, putting the driver at ease and in control! The key element to this is our all-new BMW Panoramic Vision which projects in the bottom of the windscreen and builds upon our years of experience with head-up displays. This new display is visible for all passengers on board and will allow you to quickly check the information you want and need while keeping your hands on the wheel and your focus on the road ahead. Together with our new free cut central display and iconic steering wheel these elements are the corner stones of our new Panoramic

iDrive system, a whole new driving experience that you will find in all our future BMW models from now on!

This new user experience already starts when you approach the car and continues as you get in and set the car up to your personal preferences. With My Modes you can do that very easily and select a perfectly curated driving experience – from screen content or colors to light and sound and even driving characteristics.

So, our new Operating System X focuses on the best driving experience but will also allow you a much higher level of personalization making your new BMW truly yours! Overall, the new digital aspects of our cars will make them more intelligent and easier to use.

At the same time, this has allowed us to design much cleaner and warmer interiors, creating very personal living environments on four wheels. The interior trim “Digital White” is spacious and modern.

So, starting with the BMW iX3 we are introducing a new form language that will lead to a new look and feel for the entire BMW brand. Our designs will be very clean and at the same time very strong in character, but above all: more BMW than ever!

Thank you very much!

Speech Jochen Goller, Member of the Board of Management of BMW AG, Customer, Brands, Sales

Thank you, Adrian!

Ladies and gentlemen,

Let’s now move on to MINI, which celebrated its very own game-changing moment already last year with the introduction of a completely new product range.

The “New MINI Family”, covering the most desirable and broad product portfolio in the brand's history, now features four very distinct models - Convertible, Cooper, Aceman and Countryman. And regarding the drivetrain, MINI customers of course have the choice between all-electric or highly efficient combustion engines.

Clever use of space, wheels at the corner, go-cart feeling, combined with true Britishness and maximum individuality. That's how MINI became the world's most successful premium small car brand. Driving a MINI has always been a confident personal statement. In this way, MINI has inspired numerous celebrities and designers throughout its 66-years long history.

And today, we are writing the next exciting chapter in this tradition. Partnering with a brand that stands for customization and thinking out of the box like few others. I am talking about Deus Ex Machina!

The outcome of this inspiring and exceptional partnership are two stunning John Cooper Works models – fraternal twins with very different styles, yet united by a shared enthusiasm.

I brought one of them with me today, so, let’s have a look.

Ladies and gentlemen,

“The Skeg.” A distinctive and contemporary re-interpretation of MINI's racing history. Pure. Bold. Innovative. This artwork on four wheels is based on the MINI John Cooper Works Electric. Inspired by the world of surfing, it offers pure electric freedom to enjoy the MINI go-cart feeling on coastal roads.

His twin – “The Machina” – is forged on the racetrack. Lean, fast and powered by a combustion engine, it embodies raw racing technology and authentic functionality.

Together, they stand for individual lifestyle and maximum driving excitement, regardless of the respective drive train.

Similar to what our customers can experience with the New MINI Family, which is winning over new and old customers worldwide.

That is especially true for our fully electric models. Today, already one in three MINIs has an electric heart. And the trend continues to rise.

Ladies and gentlemen,

Collaborations like the one with Deus Ex Machina are just one example for unique customization – the way only MINI can do.

And now, ladies and gentlemen, to something completely different.

Speech Markus Flasch, CEO BMW Motorrad

Ladies and gentlemen,

It is a great pleasure for me to present the BMW Motorrad Vision CE. It offers the most spectacular insight into our vision of future of urban

e-mobility that we have ever developed. For me, the Vision CE is a clear proof to our ambition to shape the future of emission-free mobility with courage and a pioneering spirit.

Highly innovative single-track urban mobility has been strongly anchored in the history of BMW Motorrad for decades. We revolutionized urban mobility already 25 years ago with the unique BMW C1. In 2014, we were the first manufacturer to combine outstanding design with an e-drive in the BMW C evolution. In 2022, we launched the CE 04, a design & technology masterpiece of emission-free mobility which remains the global market leader in its segment to this day.

At BMW Motorrad, the development of single-track e-mobility clearly stands for visionary concepts, innovation leadership and groundbreaking design. With the Vision CE's special self-balancing system, we are looking to the future and setting again new standards: Urban riding fun on two wheels without having to wear a helmet or motorcycle clothing, thanks to the unique structural bracket design.

The Vision CE – one like no other: Exciting and inspiring - just like BMW Motorrad!

Speech Oliver Zipse, Chairman of the Board of Management of BMW AG

Ladies and gentlemen,

At the BMW Group, we are constantly reshaping mobility – just as we have for nearly 110 years. Our customers’ individual needs, wishes – and, yes, their dreams – are always at the heart of all our brands.

All of our customers benefit from our innovative approaches and the latest technologies. At the same time, we are steering the company on a long-term path that is in line with the Paris Agreement.

This is the spirit that drives us at the BMW Group.

Thank you.

- Check against delivery –

Statement

Walter Mertl

Member of the Board of Management of BMW AG, Finance

Annual Conference 2025

BMW Welt in Munich, 14 March 2025, 08:00 a.m. CET

Ladies and Gentlemen,

Good morning!

SLIDE: BMW Group in Full-Year 2024

As Oliver emphasized, we continue to follow our course and implement our long-term strategy. At the same time, we are focused on our operational business to consistently deliver on what we say.

The BMW Group proved this once again in Q4 2024:

We successfully reduced inventory impacted by the Integrated Braking System or IBS. And we achieved a sequential improvement in retail sales and profit versus Q3.

For the full year, we achieved our revised guidance in all parameters.

As anticipated, we reached peak levels of R&D and capital expenditure in 2024, particularly to prepare for models of the NEUE KLASSE. Starting this year, both the R&D and capex ratios will decrease meaningfully, as we start production of the NEUE KLASSE and lay the foundation for the long-term success of our company with over 40 new and updated models by 2027.

Through our global positioning and the flexibility of our operations, we can adapt to the geopolitical landscape and short-term market dynamics, proving our resilience.

Let’s take a look at the financial figures for the full year.

2024 was a year of two halves:

While the first half-year was in line with our original planning, sales performance in the second half of the year was impacted by delivery stops in connection with IBS, as well as persistent subdued demand in China. As expected, Q4 marked an improvement on the Q3 result.

SLIDE: BMW Group KPIs in FY24

Group revenues totaled 142.4 billion euros. The moderate decrease compared to 2023 was mainly driven by the decline in sales volume and intense price competition in the Chinese market.

Earnings before Tax at Group level amounted to 11 billion euros – significantly under 2023, but as expected in our adjusted guidance. This resulted in a Group EBT Margin of 7.7% for the year.

SLIDE: BMW Group Segment Performance in FY24

If we look at the key financial results of the individual segments:

Automotive delivered an EBIT of 7.89 billion euros and EBIT margin of 6.3%.

Motorrad had an EBIT of 198 million euros, representing a margin of 6.1%.

Financial Services saw an EBT of 2.54 billion euros and a Return on Equity of 15.1%.

And, finally, Other Entities generated 837 million euros in EBT, while eliminations amounted to a negative 146 million euros.

SLIDE: Automotive Retail Units, BEV Units, Auto Revenue and Auto EBIT in FY24

So, let’s take a look at the Automotive Segment in detail:

For the full year, the BMW Group delivered 2.45 million BMW, MINI and Rolls-Royce vehicles to customers worldwide. This represents a slight decrease of 4% from the previous year, in line with our adjusted guidance.

Market dynamics in China remain weak, which impacted sales performance. However, the BMW brand achieved growth in every other major region.

In Europe, order intake in Q4 improved month by month. In the US, we experienced a strong recovery from IBS in Q4 with growth quarter-over-quarter of just over 50% and year-over-year of 8.9%.

Worldwide BMW Group sales performance in Q4 saw sequential improvement over Q3. Global deliveries grew by nearly a third quarter-on-quarter including double digit growth coming from the mid- and upper-segment together. 

All-electric vehicles remained a key growth driver for us. BEV deliveries totaled over 426,000 units for the year, significantly above 2023 by 13.5%. Overall, BEVs therefore made up 17.4% of total sales.

Our plug-in hybrid vehicles also remained very popular, with over 166,000 units sold in 2024. Electrified vehicles – meaning all-electric vehicles and plug-in hybrids – made up nearly a quarter of total sales.

Revenues in the Automotive segment amounted to nearly 125 billion euros, a decrease of 5.6% from 2023.

Earnings before interest and taxes reached 7.9 billion euros. This resulted in an EBIT margin of 6.3%, which was within our adjusted guidance corridor of 6 to 7 percent for the full year.

Excluding the 1.3 billion euros depreciation resulting from the purchase price allocation of BBA, the Automotive EBIT margin came in at 7.4% for the year.

SLIDE: Automotive EBIT Development in FY24

Looking to the operating result in detail:

Compared to 2023, EBIT for full-year 2024 saw a tailwind of 1 billion euros from the net balance of currency and raw material positions.

Year on year, the net effect of volume, model mix and pricing weighed on Automotive EBIT. The headwind resulted partly from the volume decrease, particularly in China. Pricing headwinds, including the effects of a highly competitive Chinese market and dealer compensation in China, amounted to more than half of the overall decrease of 4.4 billion euros.

The headwind of 1.4 billion euros from Other cost changes was driven by inflation in material costs and supply chain support.

The effect from warranty expenses was a tailwind year-on-year. Overall, lower additions to warranty provisions for specific topics were necessary in every quarter throughout 2024 compared to the previous year. An exception was Q3, due to the impact of IBS. For the full year 2024, the P&L impact of quality issues trended in a positive direction year-on-year, as planned.

SLIDE: R&D Expenditure in FY24

SLIDE: Capital Expenditure in FY24

Our R&D activities and investments focused on our ongoing electrification and digitalization strategy across the entire portfolio. As anticipated, R&D and capital expenditure reached peak levels in 2024 – both in absolute terms and in ratio.

Group expenditure for research and development for the full year reached 9.1 billion euros, compared to 7.8 billion euros in 2023. The R&D ratio according to the German Commercial Code was 6.4%, 1.4 percentage points more than in 2023.

Group capital expenditure totaled 9.1 billion euros, an increase from 8.8 billion euros in 2023. This resulted in a capex ratio of 6.4%, compared to 5.7% in 2023.

As we begin to rollout models of the NEUE KLASSE, we will see a decline in R&D and capex. This means in both absolute and relative terms, back towards our strategic corridors of between 4 to 5% for R&D and less than 5% for Capex by 2027 at the latest.

SLIDE: Automotive Segment Free Cash Flow in FY24

Turning to free cash flow – as you know, we steer this on an annual basis.

Starting with EBT delivering a full year result of 7.5 billion euros, working capital contributed positively with 200 million euros to free cash flow. Whilst inventory levels had risen due to sales stops related to IBS in Q3, we managed to successfully reduce stock by 5 billion euros in Q4. As a result, year-end inventory reached nearly the same level as it was at the beginning of the year.

For the full year, the net effect from capital expenditure and depreciation reduced free cash flow by 3.3 billion euros.

The development of provisions reduced free cash flow by 700 million euros.

The position “Other” reflects several positive effects, including interest received.

In line with our adjusted guidance, free cash flow reached 4.9 billion euros in 2024.

This is even after we invested 18.2 billion euros: 9.1 billion euros in CapEx and another 9.1 billion euros in R&D, paving the way for our future, and demonstrating our financial strength.

This strength is underscored by our Automotive net financial assets, which benefitted from the strong development of free cash flow in the fourth quarter. At year end, the Automotive NFA came in at almost 46 billion euros, which is around the same level as the start of the year.

SLIDE: Financial Services Segment in FY24

Moving on to the Financial Services Segment.

New business development in the segment remained robust throughout the year. A total of almost 1.7 million new financing and leasing contracts were concluded, a solid year-on-year increase of nearly 10%.

Overall, new business volume even increased significantly by 12.5% to 64.5 billion euros, due to higher average financing volume per vehicle.

Penetration rates for lease and loan offerings rose by 4.4 percentage points, reaching 42.6%. Without China, the penetration rate was over 50%, with growth in particular in the US and the UK.

Segment earnings before tax amounted to 2.54 million euros and were therefore significantly lower than the previous year. This was mainly due to higher credit and residual value risk costs than in 2023, but well within our expectations. We continue to see gains from the sale of off-lease vehicles, yet at lower levels due to market dynamics.

The credit loss ratio of 0.26% across the entire credit portfolio was well within our expectations and below industry levels.

Return on Equity for the full year reached 15.1%, within our adjusted guidance range of 15 to 18%.

Ladies and Gentlemen,

In our BMW Group Report, you will note that we have voluntarily adopted the full European Sustainability Reporting Standards for the first time as the framework for reporting all sustainability-related disclosures in our combined non-financial statement.

The BMW Group only reports on sustainability topics that have been assessed as “material” according to ESRS. However, this does not mean that topics which are assessed as “not-material” are necessarily less important.

We view sustainability holistically and as a competitive advantage. That is why we disclose our sustainability performance to our investors and customers.

You will note that the implementation of ESRS requirements have contributed over 100 additional pages to our Report. Due to the company-specific materiality assessment, comparability between companies remains limited – even within the same industry.

Indeed, it can be questioned how much value the additional scope and limited comparability offer to stakeholders. Accordingly, we welcome the proposed regulatory changes in the draft of the so-called Omnibus package and look forward to the draft updates and reduced scope of the ESRS.

Ultimately, we want added value for our stakeholders – meaning relevant and concise information. It’s not just about reporting and compliance.

SLIDE: Proposed Dividend and Payout Ratio

One important element of our stakeholder orientation is our shareholder return strategy, which the BMW Group remains committed to.

The Board of Management and the Supervisory Board will propose a dividend of 4.30 euros per share of common stock and 4.32 euros per share of preferred stock to the Annual General Meeting. This results in a total dividend payout of 2.7 billion euros. 

The proposed dividend for 2024 represents a payout ratio of 36.7%. This is within our long-term strategic target range of 30-40% and notably higher than the payout ratio in 2023.

On January 2nd, we began the final tranche of our ongoing second share buyback program, which should be completed by latest April 30th. This will conclude the second program – with 2 billion euros – more than half a year earlier than initially planned.

By this point in time, we will have reduced a total of 47 million shares in circulation since the start of the share buyback authorization in 2022. This corresponds to over 7% reduction in share capital.

At the upcoming AGM, the Board of Management of BMW AG plans to propose an agenda item, seeking a new five-year authorization to acquire treasury shares amounting to up to 10 percent of share capital.

You will have noted that we have made a step change in our approach since 2021. Starting in 2022, we added share buybacks as an additional instrument alongside dividend payments. We have also increasingly used the range of dividend payout corridor. And we increased the share of Automotive free cash flow distributed to shareholders from the previous years’ levels to almost 100% this year.

So, let’s move to the Outlook for 2025.

Looking to the market development:

Due to stabilizing inflation and declining interest rates in many countries, we expect to see a rise in demand.

How will the BMW Group’s sales performance develop this year?

Given the robust economic situation, we anticipate a solid market development in the US. In Europe, we do expect growth driven by electrified vehicles. The market dynamics in China, however, will remain challenging.

For the full year, revenues per vehicle in the Automotive segment are expected to be in the same range as 2024.

Our guidance reflects the current status of our planning, including all the tariff increases in force as of March 12th, 2025.

SLIDE: Outlook 2025

What do we expect for our key performance indicators in 2025?

Let me focus on selected guidance parameters.

In the Automotive Segment we are forecasting a slight increase in deliveries of BMW, MINI and Rolls Royce vehicles.

In terms of profitability, the total impact of the tariff increases in place as of March 12th amounts to approximately 1 percentage point on the Auto EBIT margin. As a result, the EBIT margin is now expected between 5 to 7%. Consequently, Return on Capital Employed in the Automotive segment should be within a range of 9 to 13%.

In the Financial Services segment, we anticipate a Return on Equity of 13 to 16%.

The Group’s pre-tax profit is expected to remain at the previous year’s level.

Starting January 1st, 2025, we have adjusted the outlook range for Group EBT guidance. The existing bandwidth was too narrow to reflect the underlying movements in the segments. For details, please refer to the glossary of the BMW Group Report.

The full outlook for 2025 for all key performance indicators is also available in the BMW Group Report.

For the full year 2025, we expect a free cash flow in the Automotive Segment of over 5 billion euros.

SLIDE: Closing

Ladies and Gentlemen,

The BMW Group remains fully focused on achieving our short-term results without compromising our long-term strategic objectives.

We remain committed to our long-term target corridor of 8 to 10% EBIT margin in the Automotive Segment.

To that end, we are constantly enhancing our operational business to ensure we achieve our strategic priorities and optimize our returns.

So, after the peak in 2024, we not only expect to see a turnaround in R&D expenditure and CapEx in 2025, but also a turnaround in operational costs. And here I mean a cost decrease in nominal terms, covering the effects of inflation. This will become visible over the course of the year.

At the BMW Group, strong brands and emotional products have long built the foundation of our success.

With the technological boost from the NEUE KLASSE across the entire portfolio, we look forward to seeing the benefits from our investments start hitting the road later this year.

- Check against delivery –
 
Statement
Oliver Zipse
Chairman of the Board of Management of BMW AG
Annual Conference 2025
BMW Welt in Munich, 14 March 2025, 08:00 a.m. CET
 
Part I:
 
Good Morning, Ladies and Gentlemen.
 
Welcome to our annual conference.
 
2025 will be a milestone year for the BMW Group in many respects – as we set the course today for our success in the decade to come.
 
Despite volatile global conditions, we remain firmly committed to growth in the current financial year. At the same time, we are bringing our largest future-focused project, the NEUE KLASSE, to the roads.
 
We have a clear plan: We remain sharply focused on innovation and sustainable growth. In 2025, we expect sales figures to rise once again. At the same time capital expenditure will decrease, as planned. This will enable us to increase our free cash flow.
 
There are four reasons for our confidence:
 
 
First:
Our strategy is robust and gives us a clear path forward. We are setting the pace in key areas. Our technology open approach remains successful and is gaining more traction. Policymakers and competitors are pivoting in our direction – which we continue to pursue systematically.
 
Second:
The BMW Group is one of our industry’s few true global players. Our extensive global footprint creates opportunities. It makes us resilient. And it provides the flexibility we need to respond effectively to external influences.
 
Third:
With BMW, MINI, Rolls-Royce and BMW Motorrad, we have four strong brands. All of them are incredibly popular around the globe. Each has its own distinct identity and delivers emotionally compelling products for different target groups.
 
And fourth:
Our NEUE KLASSE: No other manufacturer has a project as ambitious and ground-breaking as ours about to enter production. I will come to this in the second part of my presentation.
 
Let's start with the first topic: our strategic direction.
Our technology-open approach is market-oriented. It allows us to fully leverage the available potential across all markets and regions.
 
We make no distinctions – whether we are talking about combustion engines, plug-in hybrids, all-electric vehicles or, from 2028, a hydrogen-powered car. We consistently implement design principles, innovation and the latest technologies in all our vehicles.
 
No one masters this technological diversity better than we do. Numerous national and international accolades confirm this.
 
Our approach is also gaining increasing recognition in political circles. Even our competitors are pivoting towards our strategy. We have proven that technological openness, growth and CO₂ reduction are very much compatible.
 
Let’s take a look at 2024:
 
We met our adjusted targets for the year. We delivered more than 2.45 million vehicles and achieved an EBIT margin of 6.3 percent in the Automotive Segment.
 
Our vehicles with highly efficient combustion engines remain in strong demand worldwide. At the same time, battery-electric vehicles continue to be our main growth driver.
 
Several other manufacturers – including some that only produce electric cars – saw a decline in sales. But we achieved growth with our all-electric vehicles. Even in challenging market conditions. In 2024, BEV sales once again climbed significantly year-on-year – increasing by more than 13 percent.
 
Fully-electric vehicles accounted for over 17 percent of total sales last year. Including plug-in hybrids, nearly one in four vehicles sold was electrified.
 
We are targeting further growth in e-mobility in 2025. We will hit two major milestones this year: We will reach the total of more than three million electrified vehicles and over 1.5 million BEVs sold since the launch of the BMW i3 and BMW i8.
 
Our customers can choose between over 15 BEVs across all our brands. One example is the new edition of the BMW iX*: The recently presented model update boasts an impressive electric range of over 700 kilometres in the WLTP cycle – with significantly more drive power.
 
That is BMW EfficientDynamics.
Our combination of electrified vehicles and highly efficient combustion engines also has a positive impact on our climate footprint. In 2024, the BMW Group once again outperformed its European CO2 fleet target – by more than 30 grammes. Based on our internal calculations, our fleet emissions fell below 100 grammes per kilometre in the WLTP cycle for the first time.
 
We will continue to ensure that our customers always have access to the latest technology – across all drivetrains. The key to achieving this lies in our production network’s high level of flexibility.
 
That brings me to my second point:
our global footprint.
 
The BMW Group is a true global player. Very few automotive manufacturers have such a comprehensive presence across all relevant economic regions as we do. Be it in sales, research and development, production or our supplier network. This combination gives us a strategic advantage that sets us apart from the competition in an increasingly fragmented world.
 
We remain committed to expanding our local for local approach. We are constantly improving our access to different market regions and strengthening our resilience, especially along supply chains.
One example of this is our high-voltage battery assembly plants in the three major sales regions: Europe, the Americas and China. In total, five new assembly facilities for the next generation of high-voltage batteries are being built near our production sites worldwide – complete with a local supplier network. In this way, we are already creating the necessary conditions today for successful growth in the future.
 
We are gradually adapting our production network to rising sales of electric vehicles. Late this year, our new plant in Debrecen, Hungary will become our first facility to exclusively produce all-electric vehicles. Our main plant in Munich will follow in 2027.
 
Our production follows the market and our product range aligns with demand. We build roughly the same number of vehicles in our three key market regions of Europe, the US and China as we sell there. This balanced distribution is another key differentiator for the BMW Group.
 
At the same time, Germany and the US serve as key export hubs for us. In 2024, we manufactured over one million vehicles at our plants in Germany. This represents about a quarter of the country’s total car production. 56 percent of these vehicles are then exported outside the European Union.
An impressive proof of the BMW Group's significant contribution to industrial value creation in Germany.
 
In the US, one out of every two vehicles from our Plant in Spartanburg, South Carolina, is exported. Last year, we achieved an export value of over 10 billion US dollars. This once again makes the BMW Group the largest automotive exporter in the United States by value. We benefit from an integrated global economy. That is why we continue to advocate for open markets and free trade.
 
Third point: the performance of our brands.
 
The success of the BMW Group is built on the global appeal and resonance of our four brands. At the same time, we know how to fulfil the specific needs and preferences of our customers in different markets with our products.
 
Last year, our core BMW brand leveraged its strength to the full: In three out of four regions, BMW grew sales and gained market share. This has enabled BMW to maintain its number one position in the global premium segment.
 
BMW performed particularly well in Europe. Italy, Spain, France and the UK led the way, with all reporting double-digit growth rates.
With a six-percent increase, the brand significantly outperformed the overall European market, which only grew by just over one percent.
 
In the US market, we achieved record sales for the second consecutive year. Here, too, the strength of our market-driven approach to drivetrains is delivering results. Thanks to our steadily growing BEV portfolio, we sold more than 50,000 electric vehicles in the US for the first time. With this momentum, we are optimistic about the year ahead, as we celebrate “50 years of BMW North America”.
 
In our markets outside the main sales regions, we also posted growth, in a declining environment overall. In this region, we lead the premium segment in total for the first time ever. The main growth drivers here included the South Korean, Australian and Indian markets.
 
China remains a key market for the BMW Group. In 2024, we sold more than a quarter of all our vehicles there. The market is highly dynamic and characterised by increased competitive pressure. In this environment, BMW maintained nonetheless its position as the number one in its segment with a market share of three per cent. This put us within our target range.
 
In 2024, we delivered over 100,000 BEVs to customers in China for the first time. This makes China our biggest single market for electric vehicles – even though our sales performance there was dampened last year by persistently low consumer sentiment.
 
The high-margin vehicles built by BMW M once again played an important role in our market success in 2024. For the 13th consecutive year, M sales increased. Nearly one in ten BMWs sold carried the letter M. Demand for the sportiest BMW models has continued to grow, especially in China.


2025 is the first year with the complete New MINI Family available. And we will exploit this potential.
 
There are a total of five unique models to choose from – three of them BEVs. The fully-electric MINI models – with the MINI Cooper Electric* leading the way – are being particularly well received. With an increase of 24 percent year-on-year, sales of MINI BEVs also saw highly dynamic growth last year. Nearly one in four MINIs is now powered by an electric heart.
 
In the ultra-luxury segment, Rolls-Royce continues to set the benchmark. At more than 5,700 units, Rolls-Royce sales remain high.
Most notably, the all-electric Spectre exceeded expectations in its first full year of sales. Every third Rolls-Royce sold is now fully-electric.
 
BMW Motorrad also impressed in 2024, achieving a new all-time sales high of over 210,000 units. BMW Motorrad remains the undisputed number one in the global premium motorcycle segment.
 
Ladies and Gentlemen,
 
All of this shows that the BMW Group is well positioned across all brands, drive technologies and segments to continue on its growth path. With our global approach, we have the right answers to challenges worldwide. This has often enabled us to offset fluctuations in demand in individual markets.
 
Now, it is time for Walter Mertl to present the Group Financial Statements for 2024 and look ahead to our goals for 2025.

 
Part II:
 
Ladies and Gentlemen,
 
Growth and innovation – these are two of the main topics we will be focusing on this year. At the same time, we stand on the threshold of a new era.
 
Late this year, we will launch our NEUE KLASSE: a project that is unprecedented in both form and significance in the history of the BMW Group.
 
With the NEUE KLASSE, we will be turning the mobility of the future into reality. Driving dynamics, drivetrain, battery technology, operating concept, digitalisation: We have refined each of these aspects and, in the case of design, even skipped a generation.
 
In this way, we are redefining not only the BMW brand, but also the future of individual mobility.
 
Standing here next to me is the BMW Vision Neue Klasse X: the series version of this vehicle will kick off the NEUE KLASSE. Production will ramp up at our new plant in Debrecen late this year.
After that, the rollout will continue in rapid succession, including a sporty sedan at the core of the BMW brand in 2026.
 
We are deliberately starting out in high-volume segments: We want our innovations to have a broad impact, not just in niche segments.
 
Between now and 2027, we will release more than 40 new or updated BMW models onto the market – from electric to plug-in hybrid to vehicles with combustion engines. Each will have the DNA of the NEUE KLASSE.
 
The NEUE KLASSE is BMW and BMW is the NEUE KLASSE.
 
The NEUE KLASSE is more than just a single vehicle. It marks the beginning of a completely new generation and introduces our technology boosters for the entire brand. Regardless of the drive technology, all future BMW models will benefit from the technologies of the NEUE KLASSE – and, of course, also from the new design language.
 
Allow me to share a few examples of our groundbreaking advances in technology:
 
With the BMW Panoramic iDrive, we are re-imagining our typical BMW driver orientation. The all new BMW Panoramic Vision is the centrepiece. This newly-developed additional Head-Up Display projects content across the full width of the windscreen.
 
Seamless integration of various display and operating elements enables a completely new level of intuitive interaction. From the launch of the very first model of the NEUE KLASSE, all future BMW models will come with BMW Panoramic iDrive.
 
The sixth generation of our BMW eDrive technology will make e-mobility even more appealing to our customers. The new BMW round cells promise 20 percent higher energy density, 30 percent faster charging and at least 30 percent more range. And within just 10 minutes, enough energy for another 300 kilometres can be recharged.
 
For the first time, the Gen6 high-voltage batteries also feature the latest 800-volt technology and enable bi-directional charging. Compared to the current fifth generation, we will reduce the cost of the high voltage battery by 40-50 percent, on a comparable electric range basis.
 
The electronics architecture has also been completely redesigned. Going forward, its four high-performance computers will control key customer functionalities. For example driving dynamics, automated driving and infotainment.
 
These “super-brains” deliver more than 20 times the in-vehicle computing power than current systems. This makes our models future-proof for software and function updates, as well as new AI features.
 
We have also greatly simplified the electrical system, dividing it into four zones, with intelligent control. 600 metres less wiring, a 30 percent reduction in weight and a 20 percent increase in energy efficiency are just some of the improvements we will achieve with this.
 
And, of course, we are also harnessing technical opportunities to take driving dynamics to a whole new level.
 
The BMW Vision Driving Experience showcases the potential of the technologies introduced in the NEUE KLASSE. We are pushing driving dynamics to its physical limits.
 
This highly emotional driving machine will thrill more than just BMW fans.
 
The VDX is the most powerful development prototype BMW has ever built. We are using it to test our “Heart of Joy” – one of the four super-brains in the NEUE KLASSE.
 
We developed the software for the driving dynamics control system entirely in-house. This will be used in all future electric BMW models, setting new standards for dynamic performance and efficiency.
 
It is hard to put into words exactly how it feels behind the wheel. You simply have to experience it.
 
Take a look for yourselves at what our “Heart of Joy” can do, paired with a maximum torque of 18,000 Newton meters.
 
You can't fake that kind of enthusiasm. Our Board of Management already had the chance to drive the series version of the NEUE KLASSE. Let me tell you: We were all equally excited about the driving experience – but not just in terms of pushing the physical limits. Most importantly, we were deeply impressed by the added value our technologies create for our customers in everyday situations.
 
This is truly the next level of Sheer Driving Pleasure.

Ladies and Gentlemen,
 
We first announced the NEUE KLASSE at our Annual Conference back in 2021. Today, just four years later, we are entering the final stretch.
 
Standing next to me is one of the prototype vehicles we have been producing in Debrecen since late last year.
 
What is still hidden under camouflage foil here will be unveiled at the IAA MOBILITY in Munich in early September. There we will present the production model that will be available to our customers.
 
I can already reveal one key detail to you today: this BMW will be released onto the market as the BMW iX3. This is how we continue the success story of the first all-electric BMW X model that has won over BMW fans worldwide since 2020.
 
Testing of the BMW iX3 is in full swing.
 
These impressions show that the next BMW iX3 is a typical X model, and a BMW through and through. As I’m sure you saw at the end of the film: The final phase of development for the sporty sedan, the second NEUE KLASSE vehicle, is also progressing rapidly.
Ladies and Gentlemen,
 
What has always set the BMW Group apart is that we keep our sights set on operational performance in the here and now. At the same time, we lay the foundation for our long-term future success.
 
We will continue to consistently pursue our BMW path – with foresight, customer focus, self-confidence and in the knowledge of our strengths.
 
We are ready. More than ever.
 
Thank you.
 

Gurugram. BMW Group India is the presenting partner of the 16th edition of India Art Fair, which will take place from 6 – 9 February 2025 at the NSIC Exhibition Grounds in New Delhi. India Art Fair is the leading platform showcasing modern and contemporary art from India and South Asia and convenes audiences to explore a record 120 exhibitors, including 78 galleries, presented alongside major regional and international art institutions. The fair welcomes 26 new exhibitors, including seven new design studios. The expanded design section features eleven eminent design studios from India and beyond. For its biggest edition yet, India Art Fair continues in its mission to showcase the very best of South Asian art alongside major contemporary international artists and collectible design by pioneering studios, reinforcing its position as the leading site for discovery of art and culture in the region.

Mr. Vikram Pawah, President and CEO, BMW Group India, said, "BMW Group India is a steadfast champion of the arts and cultural landscape across India. We take immense pride in our creative collaboration with the India Art Fair, as it continues to champion India's diverse and thriving contemporary arts landscape. Our shared vision for a future that is both creative and sustainable is perfectly encapsulated by the latest edition of 'The Future is Born of Art' Commission. This groundbreaking initiative explores how the harmonious integration of ecological and technological thinking can create a more sustainable, balanced, and regenerative world - all through the captivating lens of an artist's vision. We eagerly await the opportunity to welcome audiences from India and around the globe at the fair, where they will experience the transformative power of art and technology, united in the pursuit of a better tomorrow."

‘The Future is Born of Art’ Commission

‘The Future is Born of Art’ Commission, led by BMW India and India Art Fair is an annual commission designed to platform a promising young Indian artist on a global stage. Now in its fourth edition, the 2025 Commission invited emerging artists to propose an immersive installation centred around BMW iX1 LWB, MINI Countryman Electric and BMW Motorrad CE 02 and BMW Motorrad CE 04, reflecting on the theme of ‘Ecocentrism’. ‘Ecocentrism’ puts forward a worldview in which ecological and technological thinking coexist, imagining visions for a brighter, more sustainable future.

As winners of the prestigious ‘Future is Born of Art’ Commission, led by BMW and India Art Fair, Non-Linear (Dennis Peter) and Cursorama (Yash Chandak) join the ranks of India’s most promising artistic voices. The annual commission challenges emerging artists to create large-scale installations that explore topical themes built on shared values of BMW and India Art Fair. Previous winners, Sashikanth Thavudoz (2024), Devika Sundar (2023) and Faiza Hasan (2022), have set the stage with visionary works exploring community, materiality and ecology.

Non-Linear and Cursorama’s winning project, Biolume, is an ambitious 180-degree multimedia experience inspired by bioluminescent organisms. With interactive screens that respond to audience movements, the installation creates a feedback loop between human actions and their immersive environment. The space is filled with original sound, ranging from serene melodies to glitchy soundscapes.

The installation has three dynamic scenes:

The Surface: Hypnotic interplay of coastal waves and glowing organisms

The Depths: Pulsating forms and evolving networks mimicking underwater life

The Electric Abyss: A futuristic landscape merging organic and mechanical forms

Biolume integrates generative design and biomimicry to place audiences inside an abstracted, glowing oceanic world. “Bioluminescence is nature’s sci-fi—a glowing, electric language that exists in harmony with its surroundings,” Peter explains. The project underscores the role of art as a tool for fostering ecological and social dialogue. “As artists, we see it as our responsibility to reflect on how technology and art can inspire change,” says the duo.

BMW Art Talk

On the theme of ‘From Introspection to Impact: Artists Shaping the World’ will be held on 7 February 2025 at the India Art Fair. This talk allows for a deeper introspection into the practices of artists by renowned artists Shirazeh Houshiary, Bharti Kher and Pushpamala N. with moderator Prof. Dr. Thomas Girst, Head of Cultural Engagement, BMW Group. In a polarised world, artists allow us to see beyond the surface level – to think more deeply and be challenged, and to create spaces for kinship and solidarity across borders and generations. In keeping track of how the world has evolved, artists punctuate these moments with their art and bridge cultural ecosystems which is the DNA of BMW’s role in art and culture.

About BMW Group India Cultural Commitment

The BMW Group has initiated and been engaged in hundreds of global cultural initiatives for over 50 years. From music to film, from architecture to design, contemporary art has played an essential role – via long-term institutional partnerships with major museums or partnering with the leading art fairs around the world, such as Art Basel and Frieze from Los Angeles, New York and Miami, to Seoul, Hong kong, Paris, and London.

Since its inception, BMW India has participated in leading cultural engagements across the country. In 2007, two BMW Art Cars embellished by world-renowned artists Andy Warhol and Roy Lichtenstein were presented at the Jehangir Art Gallery in Mumbai. BMW Art Car by Andy Warhol, Jeff Koons, Sandro Chia and Cesar Manrique have been exclusively showcased at various editions of the India Art Fair.

Since its inception in 2012, BMW has partnered with Kochi-Muziris Biennale, the contemporary art exhibition, which brings international artists to India and creates a global platform for Indian artists. In 2012-13, the innovative BMW Guggenheim Lab came to India. Based at Dr. Bhau Daji Lad Museum and conducted at six different venues in Mumbai, the lab organised six weeks of free programmes with diverse audiences and communities addressing the challenges and conditions of the urban city.

The BMW Group's Cultural Engagement, with exclusive updates and deeper insights into its global initiatives can be followed on Instagram at @BMWGroupCulture.

About India Art Fair

India Art Fair is the leading platform to discover modern and contemporary art from South Asia. Since its establishment in 2008, India Art Fair has provided a unique access point to the region’s thriving cultural scene; drawing together galleries, artists, private foundations, arts charities, artist collectives, national institutions, cultural events, and festivals. Taking place annually in India’s capital, New Delhi, the fair reflects India’s dynamic art community, while offering insights into the creative landscapes of the wider region and enabling international audiences to engage with the cultural history and development of the region. The fair is committed to supporting arts education and professional development opportunities, recognising the crucial need to support the development of the local arts scene and provide dedicated exhibition space to emerging galleries and arts organisations. In 2025, India Art Fair introduces an expanded year-round programme of events, with a particular focus on developing meaningful initiatives in collaboration with key local stakeholders to complement existing programming and strengthen the market in the diverse span of art hubs across India. India Art Fair is owned and operated by Angus Montgomery Arts (AMA), a division of Angus Montgomery Ltd. indiaartfair.in

BMW Group Cultural Engagement

Why Culture? Why not! Culture is knowledge, a sanctuary of beauty and depth, of meaning and peace. An inspiring escape. Tranquil at best, even unsettling sometimes. As corporate citizen, the BMW Group takes social responsibility seriously, as part of which it has been involved in hundreds of cultural initiatives worldwide for over half a century, both in the arts, music & sound, architecture as well as in design. As a long-term partner, creative freedom is key – and as essential for groundbreaking works as it is for major innovations within a business enterprise like ours.

Further information: www.bmwgroup.com/culture and www.bmwgroup.com/overview

Instagram: @BMWGroupCulture

#BMWGroupCulture

Captions:

Image 1: (L-R) Artists Dennis Peters and Yash Chandak with Jaya Asokan, Fair Director at India Art Fair and Prof. Dr. Thomas Girst, Global Head, BMW Group Cultural Engagement

Image 2: (L-R) Jaya Asokan, Fair Director at India Art Fair and Prof. Dr. Thomas Girst, Global Head, BMW Group Cultural Engagement

If you have any queries, please contact:

BMW Group India

Abhay Dange, Director, Press and Corporate Affairs

Cell: +91 9910481013; Tel: + 91 124 4566600; Email: Abhay.Dange@bmw.in

Satchit Gayakwad, Press and Corporate Affairs

Cell: +91 9560725900; Tel: + 91 124 4566906; Email: Satchit.Gayakwad@bmw.in

Internet: www.bmw.in

Facebook: https://www.facebook.com/bmwindia

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#BMW #BMWIndia #SheerDrivingPleasure

Gurugram. BMW Group India is all set to showcase its pioneering mobility products at the upcoming Auto Expo 2025 (Bharat Mobility Global Expo 2025). BMW Group India pavilion will be located at Hall No. 6, Bharat Mandapam at Pragati Maidan, New Delhi from 17 – 22 January 2025.

BMW Group India will present a host of exciting new launches from BMW, MINI and BMW Motorrad.

BMW will launch the all-new BMW X3 in India. BMW will also showcase the all-electric BMW i7, BMW X7, BMW 5 Series Long Wheelbase, BMW M5, BMW M4 and BMW M2.

BMW Motorrad will rev up the excitement further with the launch of the all-new BMW R 1300 GS Adventure and the new BMW S 1000 RR. BMW Motorrad display will also include the BMW M 1000 XR, BMW R 1300 GS, BMW F 900 GS, BMW F 900 GSA, BMW R 12 nine T, BMW G 310 GS, G 310 R, G 310 RR and the all-electric BMW CE 02 and BMW CE 04.      

MINI India will launch a special MINI Cooper S John Cooper Works Pack. The new MINI family, which made its debut recently, will liven up the atmosphere including the MINI Cooper S and the all-electric MINI Countryman.

The exclusive BMW, MINI and BMW Motorrad Lifestyle Collections and Accessories will be available for purchase. Pumping up the adrenaline at Auto Expo 2025, expert BMW driver trainers will put up exciting drift shows every day with scintillating BMW M cars.

BMW

The all-new BMW X3: Boasting greater sporting appeal, visual impact and versatility than ever, the all-new BMW X3 Sports Activity Vehicle (SAV) assumes the mantle of the talented all-rounder for everyday use, leisure activities and trips away in the brand’s core segment. High-quality materials, generous standard specification, advanced digitalisation and the new BMW iDrive with QuickSelect based on BMW Operating System 9 set the tone for the premium ambience inside the progressively designed cabin. With a new design language giving the fourth generation SAV a much-enhanced exterior presence and an almost monolithic overall appearance, the aura of modernity and enhanced product substance provide the ideal basis for adding another chapter to the BMW X3 success story.

BMW Motorrad

The all-new BMW R 1300 GS Adventure: The all-new BMW R 1300 GS Adventure is the new benchmark in the world of large adventure motorcycles. A completely new designed model with enhanced adventure expertise across the board, it is the epitome of travel enduros that’s ‘as strong as your willpower’. It ensures the perfect balance among ride characteristics, vehicle weight and chassis design which provides an overwhelmingly sublime and novel riding experience.

The new BMW S 1000 RR: The new BMW S 1000 RR once again delivers on its endless strive for improvement and success, making what’s good even better. With higher track performance and enhanced standard features, the new BMW S 1000 RR ‘Never Stops Challenging’. It impresses with its extremely compact layout and super-sporty appeal that creates perfect harmony for the road and racetrack.

MINI

The new MINI Cooper S John Cooper Works Pack: The special edition MINI Cooper S John Cooper Works Pack combines MINI’s iconic body language and the sporty character of John Cooper Works. Exclusive exterior color options are complemented by unique black accents and JCW inspired reinterpretation of the aerodynamics kit, rear spoiler and alloy wheels. Interesting JCW touches are added to the interior to ignite sporting flair.

If you have any queries, please contact:

Abhay Dange, Director, Press and Corporate Affairs, BMW Group India

Cell: +91 9910481013; Email: Abhay.Dange@bmw.in

Richa Sharma, Business and Finance Communication, BMW Group India

Cell: +91 9910022148; Email: Richa.Sharma@bmw.in

Internet: www.bmw.in

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Bengaluru. The first-ever MINI United India made history on 7 December 2024, bringing hundreds of members of the MINI community together for a spectacular day of unity, excitement, and unforgettable experiences. Hosted in Bengaluru, MINI United marked the largest-ever gathering of MINI owners in India, showcasing the unique spirit of the MINI community.

Culmination of over 100 iconic MINI cars from Bengaluru, Chennai, Hyderabad, Kochi, and other cities formed India’s largest-ever MINI community meet. The event was a celebration of individuality, passion, and the unbreakable bond that MINI owners share—a vibrant expression of the brand’s ethos, BIG LOVE.

The event featured a lineup of engaging activities designed to strengthen connections among MINI enthusiasts, from interactive experiences to moments that celebrated the iconic MINI lifestyle. True to its global legacy, MINI United India delivered an unforgettable celebration of community, embodying the adventurous and innovative spirit that MINI has championed since 1959.

If you have any queries, please contact:

BMW Group India

Abhay Dange, Director, Press and Corporate Affairs

Cell: +91 99104 81013; Tel: + 91 124 4566600; Email: Abhay.Dange@bmw.in

Satchit Gayakwad, Press & Corporate Affairs

Cell: +91 95607 25900; Tel: +91 124 4566 600; Email: Satchit.Gayakwad@bmw.in 

Internet: www.mini.in

Facebook: https://www.facebook.com/MINI.India

X: https://x.com/MINIOfficial_IN

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#MINI #MINIIndia #BigLove

Bengaluru. MINI India is all set to bring its global legacy to life with the very first edition of MINI United, a one-of-a-kind celebration of BIG LOVE and all things MINI. MINI United will be held in Bengaluru on 7 December 2024. This milestone event will mark the largest-ever congregation of MINI owners in the country, creating an unparalleled platform for the vibrant MINI community to come together in style. 

Mr. Vikram Pawah, President and CEO, BMW Group India said, “MINI has always been more than a car – it’s an attitude, a bond, and a celebration of self-expression. Since 1959, MINI has inspired generations with its unmistakable design, agile performance, and pioneering spirit. With MINI United, we’re bringing this legacy to life in a way only MINI can. This event is about more than gathering MINIs, it’s about uniting people. It’s about discovering the new MINI family, sharing stories, and celebrating the bold, adventurous spirit that every MINI embodies. MINI United is where individuality thrives, and community comes alive."

MINI United India will host MINI owners across India, driving their iconic cars to create the largest MINI convoy in India’s history. Scheduled to take place in Bengaluru, the event promises a day filled with excitement, camaraderie, and unforgettable memories.

The event will see participation from MINI enthusiasts hailing from Bengaluru, Chennai, Hyderabad, Kochi, and other key cities in South India. The meetup point will feature engaging activities designed to foster connections among MINI owners, celebrating the spirit of unity that defines the MINI family.

MINI United is a celebrated global event that has brought together MINI enthusiasts from around the world, creating iconic moments for the brand and its fans. This Indian edition will carry forward the legacy, uniting the country’s MINI community in an unparalleled celebration of passion, individuality, and connection.

For registration and more information, please contact the nearest authorised MINI Dealership.

MINI has established nine authorized dealerships in India – Bird Automotive (Delhi NCR), Bavaria Motors (Pune), EVM Autokraft (Kochi), Gallops Autohaus (Ahmedabad), Infinity Cars (Mumbai), Krishna Automobiles (Chandigarh), KUN Exclusive (Chennai), KUN Exclusive (Hyderabad) and KUN Exclusive (Bangalore).

If you have any queries, please contact:

BMW Group India

Abhay Dange, Director, Press and Corporate Affairs

Cell: +91 99104 81013; Tel: + 91 124 4566600; Email: Abhay.Dange@bmw.in

Satchit Gayakwad, Press & Corporate Affairs

Cell: +91 9560725900; Tel: +91 124 4566 600; Email: Satchit.Gayakwad@bmw.in

Internet: www.mini.in

Facebook: https://www.facebook.com/MINI.India

X: https://x.com/MINIOfficial_IN

Instagram: https://www.instagram.com/miniindia_official

LinkedIn: https://www.linkedin.com/company/mini-india/about/

#MINI #MINIIndia #BigLove

Munich, Germany and Pune, Bengaluru, Chennai, India. The BMW Group and Tata Technologies, a global product engineering and digital services company, are proud to announce the official launch of their joint venture BMW TechWorks India with offices in strategic talent hubs Pune, Bengaluru and Chennai. With the final signing of the contracts and the approval of the authorities, the joint venture will initially start with 100 employees at these three locations and rapidly scale to four-digit number of employees by the end of 2025, with a strong focus on attracting top-tier Indian talent. The BMW Group and Tata Technologies each hold 50 per cent of the shares in this JV.

BMW TechWorks India complements BMW Group’s global strategy by engineering seamless, scalable software solutions for next-gen vehicles and delivering leading digital experiences. Tata Technologies’ proven capabilities across the entire product value chain, from conceptualization to detailed engineering and turnkey SDV development, will drive key software projects for the BMW Group’s premium mobility solutions and facilitate access to India’s impressive talents.

At the heart of this collaboration is the ethos of “Engineer in India for the World”. India’s exceptional engineering and IT talent will play a pivotal role in developing strategic software solutions for SDVs, automated driving, digital infotainment, and automotive digital services.

In addition to automotive software, the joint venture will provide digital innovations for the BMW Group's Business IT. Consequently, BMW TechWorks India will expedite the digital transformation of the car manufacturer's global production network, along with enhancing its digital customer journey and sales processes. Another key area of focus will be the development of AI applications and platforms, which will increase the speed and efficiency of all core business processes.

The JV offers young Indian professionals an unparalleled opportunity to work on breakthrough technologies that will shape the future of mobility on a global scale. The JV's commitment to nurturing local talent and innovating next-gen automotive innovations reinforces India’s emergence as a global innovation hub in the automotive tech ecosystem. Aspiring talent can apply here to be part of the JV and innovate solutions that deliver a global impact.

Christoph Grote, Senior Vice President of Electronics and Software BMW Group expressed his enthusiasm on the establishment of the JV: “BMW TechWorks India is a significant addition to our global vehicle software development initiatives. India’s software talent will be a great asset for our Software-Defined Vehicles of the future. With agile processes and state-of-the-art tools, engineers at BMW TechWorks India will co-create innovative automotive digital experiences, such as automated driving and next-gen infotainment systems.” 

Alexander Buresch, CIO, and Senior Vice President of BMW Group IT commented: “With BMW TechWorks India, we are steadily advancing our international IT-Hub strategy and broadening our global Business IT presence. The partnership with Tata Technologies represents a strategically important step and provides excellent conditions for developing innovative software solutions along our value chain. We are excited to welcome Indian tech talents to join us in driving the digital transformation of the BMW Group.”

Warren Harris, CEO and MD of Tata Technologies, said: “Our joint venture with the BMW Group, BMW TechWorks India, underscores our deep expertise in Software-Defined Vehicles (SDV) and reflects our commitment to driving innovation in both automotive software and business IT. By leveraging Tata Technologies' strong brand presence in India, this JV will attract top talent and provide a platform to develop forward-thinking solutions that redefine the future of mobility. We are excited to partner with the BMW Group in engineering premium, software-driven vehicles, enhancing digital experiences, and accelerating their digital transformation journey.”

Nachiket Paranjpe, President of Automotive Sales at Tata Technologies, commented: "The rapid evolution of automotive technology is transforming the way vehicles are developed, with Software-Defined Vehicles at the forefront of this shift. At Tata Technologies, our deep automotive expertise and end-to-end solutions across the value chain – from concept and detailed engineering to manufacturing engineering and turnkey SDV development – position us perfectly to support the BMW Group in shaping the future of mobility. Through this joint venture, we will push the boundaries of automotive technology, creating vehicles that are not only cutting-edge but also deliver exceptional driving experiences to consumers worldwide."

Aditya Khera, CEO of BMW TechWorks India: “With the launch of BMW TechWorks India, we are establishing a world-class software hub that will play a critical role in the BMW Group's automotive software and business IT strategy. By combining the BMW Group's and Tata Technologies' leadership in software-defined vehicles and product engineering excellence, we are poised for innovation and growth, offering India's top talent the opportunity to shape the future of the BMW Group's mobility solutions“.

The management team of BMW TechWorks India is comprised of seasoned executives from both partner companies. Representing Tata Technologies are Aditya Khera as CEO and Sweta Girinatham as CFO of this JV. From the BMW Group, Oliver Scheickl holds the position of COO of Automotive Software in this new JV and Stefan Flader serves as COO of Business IT.

-------------------------End of joint press release --------------------

Global network for Software & IT-Hubs

For several years now, the BMW Group has been pooling its digital expertise at international locations, thereby securing its IT and software know-how for the long term. In total, more than 15,000 employees worldwide work in software development and Business IT for the BMW Group and its joint ventures. The locations span the entire globe: USA, Portugal, Germany, Romania, South Africa, India and China.

With the new joint venture BMW TechWorks India, the BMW Group sets another milestone in its growth strategy and strengthens its position as a leading company in the field of automotive software and business IT.

BMW Group in India

The BMW Group has been active in India since 2007 and employs around 650 people. BMW India’s headquarter is located close to New Delhi in Gurugram, which is also home to a training centre. Further activities include a production plant in Chennai, a spare parts warehouse in Pune and a dealer network in the country's major metropolises. In 2023, BMW Group India recorded the best annual result in its history with BMW and MINI selling 14,172 units (+18%) and BMW Motorrad selling 8,768 units (+20%). 

Gurugram. MINI India announces the launch of MINISCAPE – an adventure packed weekend driving experience. Conceptualised exclusively for MINI community, MINISCAPE offers unique weekend destination experiences across India.

Mr. Vikram Pawah, President and CEO, BMW Group India, said, “MINI is more than just a car. At the heart of MINI is an unstoppable zest for life and a deep-rooted camaraderie that fuels every adventure. MINISCAPE is a celebration of the bond that unites MINI community with a vibrant, joyous experience. It is here that our philosophy for BIG LOVE intersects with the thrill of discovery, turning every journey into a story, every mile into a memory. With MINI, you’re not just in for the drive; you are a part of an adventure that makes life bigger, bolder, and full of unforgettable moments.”

MINISCAPE will be organized through MINI’s dealer network spread across India, offering an unparalleled opportunity for MINI owners to embark on adventurous journeys. The locations have been carefully selected to include some of the most scenic destinations within India, ensuring a visually stunning backdrop for every drive. Each MINISCAPE promises to be a tailor-made experience, catering to the diverse preferences of MINI customers, making each journey unique.

MINISCAPE embodies the essence of MINI BIG LOVE, a weekend journey that begins and concludes at a singular locale. This meticulously curated experience navigates through pre-selected scenic routes, offering participants a harmonious blend of accommodations, entertainment, and culinary delights. Detailed route maps are disseminated beforehand, ensuring drivers are well-prepared for the adventure that lies ahead, with MINI marshals leading the way, providing route guidance at every turn. MINISCAPE is designed with exploration in mind, allowing participants to traverse at their leisure, encouraging them to fully embrace and absorb the stunning landscapes and vistas encountered enroute. Beyond the drive, MINISCAPE fosters a vibrant community atmosphere, facilitating connections among participants who share a common passion, thereby creating lasting friendships and unforgettable memories.

MINI has established nine authorized dealerships in India – Bird Automotive (Delhi NCR), Bavaria Motors (Pune), EVM Autokraft (Kochi), Gallops Autohaus (Ahmedabad), Infinity Cars (Mumbai), Krishna Automobiles (Chandigarh), KUN Exclusive (Chennai), KUN Exclusive (Hyderabad) and KUN Exclusive (Bengaluru).

If you have any queries, please contact:

BMW Group India 

Abhay Dange, Press and Corporate Affairs, Cell: +91 99104 81013, Email: Abhay.Dange@bmw.in

Satchit Gayakwad, Press and Corporate Affairs, Cell: +91 9560725900, Email: Satchit.Gayakwad@bmw.in

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Munich. Strong products, strong demand, strong results: Following a successful 2023, in which the Automotive Segment reported its highest-ever operating result, the BMW Group aims to continue on its profitable growth course in the current financial year. Fully-electric vehicles (BEVs) and models from the upper premium segment should remain the main growth drivers again in 2024 – including the BMW 7 Series models, the BMW X7 and the Rolls-Royce model family, with the fully-electric Rolls-Royce Spectre*.

In both segments, the BMW Group expects to see significant double-digit growth in the current financial year. In addition, the BMW 5 Series models, including the BMW i5*, which will also be available for the first time as a fully-electric Touring model this year, plus vehicles from BMW M GmbH, will contribute as well.

Overall, the BMW Group expects to see a slight increase in deliveries in the Automotive Segment in 2024.

“The more challenging the framework conditions become, the more important it is to implement a consistent strategy. As a result, strong products and a high degree of responsiveness will remain our key success factors in 2024. This will continue to make us a reliable partner for customers, investors and stakeholders in the future,” said Oliver Zipse, Chairman of the Board of Management of BMW AG, on Thursday.

R&D spending and capital expenditure to peak in 2024, as planned

The company will maintain its strategic course, as planned, in 2024, with extensive investment in its plants, its range of premium vehicles and innovative technologies. This is seen in the construction of the plant in Debrecen (Hungary) and high-voltage battery assembly facilities in Shenyang (China), Woodruff (USA), San Luis Potosì (Mexico) and Irlbach-Straßkirchen (Lower Bavaria). With extensive expansion at Plant Munich and electrification of the MINI plant in Oxford, capital expenditure is set to peak in 2024. Digitalisation of the company and its products also necessitate higher spending.

In addition to capital expenditure, R&D spending will also reach a new high this year. This will mainly be focused on electrification of the vehicle portfolio, including the products of the NEUE KLASSE, as well as in-car digital innovations, such as connectivity, software stacks and automated driving.

“We are investing in the future of our company like never before. Construction and modernisation of our plants and the planned expansion of our portfolio are progressing quickly this year. Our capital expenditure and R&D spending will reach new levels. We are expecting a capex ratio above 6% and an R&D ratio above 5%. Both metrics will then return to their usual strategic range. Despite these major investments in our future, we are targeting a free cash flow of over six billion euros in the Automotive Segment in 2024. This speaks to the financial strength of the BMW Group,” said Walter Mertl, member of the Board of Management responsible for Finance. “We continue to focus on cost discipline and sustainable profitability – the long-term target range of 8-10% for EBIT margin in the Automotive Segment remains our benchmark.”

The company is also aiming to achieve an Automotive EBIT margin of 8-10% for the current financial year. This includes the continued dampening effect of depreciation and amortisation for BBA assets from the purchase price allocation.

Compelling products – BEV offering as main growth driver

In 2023, the BMW Group significantly increased (+74.2%) its sales of fully-electric vehicles to over 375,000 units, clearly underlining its role as an e-mobility pioneer. The company thus delivered significantly more fully-electric vehicles to customers than its direct European competitors and also significantly more than most of the new-entry players from Asia and the US.

This success is built on the strong product substance of these vehicles, as confirmed by numerous studies. For example, in February, renowned US consumer portal Consumer Reports named BMW “best brand” for the second consecutive year. The platform compared 34 automotive manufacturers and ranked them on the basis of road test scores, reliability, customer satisfaction and safety criteria. All 12 BMW models examined received a clear “buy” recommendation – as did the two MINI models tested, which also earned the brand one of the top positions.

Another double win came in a study conducted by US market research company J.D. Power, which looked at customers’ experience with electric vehicles: The overall winner was the BMW i4*, while the best model in the lower price segment was the MINI Cooper SE*.

With the fully-electric BMW i5, which will also be released onto the market this year as the first fully-electric Touring model, and the New MINI Family, the BMW Group will have a BEV option in virtually all its main segments. There will be more than 15 fully-electric models across all BMW Group brands on the market in 2024.

Combined with the growing efficiency of internal combustion engines, the BMW Group has substantially lowered its fleet-wide CO₂ emissions, specifically in Europe: Based on preliminary figures, EU fleet emissions were reduced to 102.1 g CO₂/km in 2023. The BMW Group thus outperformed its required fleet target of 128.5 g CO₂/ km by more than 20%. A further reduction is expected in 2024.

Diverse product range guarantees growth

The diversity of the BMW Group’s product range has proven to be a guarantee of growth at the start of 2024: In the first two months of the year, the BMW Group was able to increase its sales of fully-electric vehicles by a significant double-digit percentage, compared to the same period of last year. Growth was disproportionately strong in the US, where the company's BEV sales almost doubled in the year to the end of February. In Europe and China, deliveries of fully-electric models also posted significant double-digit growth.

At the same time, deliveries of vehicles with highly efficient combustion engines also rose in the year to the end of February. Strong customer demand for BMW Group models, regardless of the drive technology, combined with the high level of flexibility and responsiveness in the value chain, are important building blocks for the success of the company.

Vehicles with plug-in hybrid technology (PHEVs) also remain an essential component of the BMW brand's electrification strategy. Despite strong BEV growth, especially in Europe, demand for these models should remain stable this year. This technology is also making a valuable contribution to further CO₂ reductions and plays a part in introducing customers to e-mobility. Company-wide, over 560,000 electrified units (BEVs + PHEVs) were already delivered to customers in 2023. This is equivalent to 22% of total BMW Group sales.

The strong popularity of PHEV models has also helped the BMW Group already surpass the total of more than two million electrified vehicles (BEVs + PHEVs) to customers. Around 55% of these vehicles were PHEVs and about 45% BEV models. However, sales of fully-electric vehicles have risen much faster in recent years than PHEV models.

MINI and Rolls-Royce to become electric-only brands

The MINI and Rolls-Royce brands are well on their way to a fully-electric future from the early 2030s onwards. A glimpse of this is already provided by the New MINI Family and Rolls-Royce Spectre, with the first units already delivered to customers. New orders for Rolls-Royce Spectre already extend into 2025. Production of the new MINI Countryman* has now also ramped up for the first time at BMW Group Plant Leipzig, where it will be built as a fully-electric model and with a highly efficient internal combustion engine.

With this extensive range of electric models, the BMW Group expects to maintain its consistent growth trajectory in the years to come. In the second half of the decade, the NEUE KLASSE, with its impressive product substance, has the potential to further accelerate the market penetration of e-mobility. Depending on prevailing market conditions in the second half of the decade, development of raw material prices and availability, and the pace at which a comprehensive charging infrastructure is created, more than 50% of all BMW Group vehicles delivered worldwide could have a fully-electric drive train before 2030. If PHEV models are included, this percentage is correspondingly higher.

NEUE KLASSE in the starting blocks: BMW Vision Neue Klasse X underlines breadth of future BMW model line-up – new level of driving pleasure

Just one year before production of the NEUE KLASSE gets underway, a new Vision Vehicle previews the BMW Group’s future fully-electric SAV segment: The BMW Vision Neue Klasse X brings the philosophy and technology of the NEUE KLASSE to the Sports Activity Vehicle sector, a segment that has accounted for a growing percentage of BMW Group sales in recent years. In 2023, one out of every two BMW vehicles delivered to customers was an X model. “Together with the BMW Vision Neue Klasse, the BMW Vision Neue Klasse X showcases the breadth of our future BMW model line-up. From sporty sedan, with all its derivatives, to modern SAV family: The NEUE KLASSE reflects the variety of models that customers want today and in the future,” said Zipse. “In this way, we are underlining that the NEUE KLASSE is much more than just a car or a specific concept; it is redefining the BMW brand – and, at the same time, will be more BMW than ever.”

The BMW Vision Neue Klasse X also demonstrates how the three main characteristics of the NEUE KLASSE – electric, digital and circular – can be expanded to include a fourth dimension: The driving pleasure that forms the core of the BMW brand is taken to the next level with drive and chassis control developed specially for the NEUE KLASSE and with the sixth generation of BMW eDrive technology. The aim is for the NEUE KLASSE to offer “BMW driving pleasure” at an even higher level.

In the BMW vehicle of the future, this will be ensured by two of the four completely new highly integrated electronic control units, working smartly together on what was previously processed separately. The first control unit integrates the entire powertrain and driving dynamics, with up to ten times more computing power, based on a new software stack developed in-house by the BMW Group. The second control unit will enable the next quantum leap in automated driving. More detailed information on the other two highly integrated electronic control units – one in charge of connectivity and infotainment functionality, the other clustering more than 100 core vehicle functions, from the digital car key, to energy supply, to wire harness communications – will be provided at a later date.

In addition to further improved e-drive units, this sixth generation of BMW eDrive technology also features new, now round, lithium-ion battery cells, with a volumetric energy density over 20% higher than that of the prismatic cells previously used. In combination with the transition to an 800-volt system, this will improve charging speed by up to 30% – allowing vehicles to charge sufficiently for a 300-kilometre range in just ten minutes. The sixth generation of BMW eDrive also delivers up to 30% more range. At the same time, this new technology generation should significantly reduce costs: Compared to today’s Gen5 technology with a comparable range, the cost of the electric Gen6 system, i.e. the high-voltage battery with powertrain, should be 40-50% lower.

When it comes to aerodynamics, the BMW Vision Neue Klasse X boasts an impressive new top figure: Drag has been reduced by 20%, compared to a comparable model in the current line-up. New tyre designs and a special brake system for fully-electric vehicles help boost the vehicle's overall efficiency by up to 25%.

New generation of BMW iDrive takes user interaction to next level

The BMW Group already presented its vision of the future digital experience, both inside and outside the vehicle, with BMW i Vision Dee, at the CES in Las Vegas in 2023. The new BMW iDrive, now showcased in the BMW Vision Neue Klasse X, is based on a highly integrated software architecture and relies on the next-generation BMW Operating System.

In this vehicle, BMW Panoramic Vision projects key information across the full width of the windscreen. This will be complemented in the NEUE KLASSE by the enhanced BMW 3D Head-Up Display. In combination with a newly developed steering wheel with multifunction buttons, the new Central Display and the advanced voice control of the BMW Intelligent Personal Assistant, BMW iDrive takes interaction between the driver and their vehicle to a whole new level.

Technology clusters: Latest innovations – regardless of powertrain

However, going forward, all these innovations and technological advances are not just designed to benefit the models of the NEUE KLASSE, but the whole BMW product line-up. The basis for this is the modular principle the BMW Group has established in its technology clusters. These technology clusters, covering the areas digital, drive train, driving exterior and interior, can be used across segments for most of our product line-up. They are scalable, can be used on all architectures and can thus be modified for different vehicle concepts and segments.

“Our technology clusters give us important leverage for fast and efficient scaling of innovations and technological advances. In this way, we are able to ensure that we offer our customers the latest technology – regardless of the segment and the vehicle’s powertrain,” said Zipse.

NEUE KLASSE test drives now underway

These innovations will be making their debut in the NEUE KLASSE very soon. The first vehicles are currently completing test drives under extreme conditions. Series production will then ramp up in the second half of 2025 at the high-volume core of the BMW brand, with a Sports Activity Vehicle that is previewed in the BMW Vision Neue Klasse X. This will be followed by a sedan in the current 3 Series segment, which the BMW Vision Neue Klasse provided an initial glimpse of at the IAA MOBILITY. We intend to launch a total of at least six NEUE KLASSE models across the BMW Group’s global production network within the first 24 months of the start of production.

The NEUE KLASSE will be launched in 2025 at the new BMW Group Plant Debrecen (Hungary), which will exclusively produce vehicles for the NEUE KLASSE. From 2026 onwards, NEUE KLASSE models will also be built at the more than 100-year-old main plant in Munich, which is currently completing the necessary preparations to transition to BEV-only production from 2027. In the same year, series production of the NEUE KLASSE will begin at Plant San Luis Potosí (Mexico), while the production site in Shenyang (China) is also gearing up for production of the NEUE KLASSE.

Hydrogen fuel cell as further pillar of drive technology

The BMW Group still assumes that not all markets worldwide will have the necessary framework conditions for all customers to transition to pure electromobility in the coming decade. Consequently, a range of products with highly efficient conventional drive technology will still be needed to meet people’s individual mobility requirements, while contributing to CO₂ reduction in the transport sector.

Hydrogen fuel cell technology is also expected to account for a growing percentage of the drivetrain mix from the second half of the decade onwards. The BMW Group is systematically pushing forward with development of this technology as an additional option for sustainable individual mobility and – depending on market requirements and how conditions develop – could envision a potential production vehicle in the second half of the decade. A pilot series of the BMW iX5 Hydrogen* was presented to media from around the world for the first time in 2023. Since then, the fleet has been deployed with great success for demonstration and testing purposes among various target groups.

With its high-performance fuel cell and optimised power battery, the drive system in the BMW iX5 Hydrogen is unique worldwide. The gaseous hydrogen needed to supply the fuel cell is stored in two 700-bar tanks made of carbon-fibre reinforced plastic (CFRP). Together, they hold six kilograms of hydrogen, which gives the BMW iX5 Hydrogen a range of 504 kilometres in the WLTP cycle. Refilling the hydrogen tanks only takes three to four minutes – so, with just a few, short stops, the BMW iX5 Hydrogen is still able to ensure typical BMW driving pleasure, even over long distances.

Sustainability built into strategy

In 2021, the BMW Group became the first German automotive manufacturer to join the Business Ambition for 1.5° C campaign launched by the Science Based Targets initiative and therefore committed to the goal of complete climate neutrality throughout the entire value chain by 2050 at the latest.

To take into account all aspects of holistic sustainability, the BMW Group is leveraging its “secondary first” approach to gradually increase the percentage of recycled and reusable materials used in the vehicles of the NEUE KLASSE. Back in 2021, the BMW i Vision Circular already provided a glimpse of what individual, sustainable, luxurious mobility in the urban environment could look like in 2040: built from secondary material and renewable raw materials – and completely recyclable.

BMW meets all business objectives for 2023, as forecast

In financial year 2023, the BMW Group achieved its business objectives, as forecast. With a total of 2,554,183 premium vehicles delivered to customers (+6.4%), this represented a solid increase. Group revenues for the full year rose to € 155,498 million (+9.0%). In addition to the full consolidation of BBA, revenues were primarily driven by higher sales volumes and positive product mix effects. Earnings before financial result (EBIT) climbed to € 18,482 million (+32.0%).

The pre-tax earnings of € 17,096 million reflect a corresponding base effect: In the prior year, the revaluation of previously held shares in BBA of € 7.7 billion had significantly increased the BMW Group's financial result and Group earnings. In the absence of this effect, pre-tax earnings (-27.3%) and Group net profit (-34.5%) for 2023 were significantly lower than the previous year. Without the one-time revaluation effect referred to, Group net profit for 2023 would have been solidly higher year-on-year.

In the Automotive Segment, earnings before financial result (EBIT) increased significantly to € 12,981 million (+22.1%). Tailwinds came from the full consolidation of BBA, as well as sales growth and an improved product mix. This was offset by headwinds from research and development spending, as well as higher material costs. The EBIT margin for this period was 9.8% (2022: 8.6%). Excluding depreciation and amortisation for BBA assets from the purchase price allocation of € 1.4 billion previously referred to, the EBIT margin was 10.8%.

Thanks to this positive earnings development,the segment’s free cash flow totalled € 6,942 million at the end of December (2022: € 11,071 million/-37.3%), despite higher capital expenditure. The previous year included the positive one-time effect of € 5 billion from the full consolidation of BMW Brilliance.

The BMW Group's capital expenditure amounted to € 8,836 million (+8.5%) in 2023. Substantial expenditure was channelled into the electrification and autonomous driving modules, setting up high-voltage battery production in various markets and plant construction in Debrecen, Hungary.

Group research and development expenses totalled € 7,538 million (+13.8%). In addition to development expenses for the future models of the NEUE KLASSE, R&D spending was primarily focused on further electrification and digitalisation of the vehicle portfolio and automated driving.

Dividend of € 6.00 proposed – profit-sharing bonus for employees

The BMW Group’s high profitability is confirmed by the key figure “earnings per share” (EPS) which was € 17.67 for 2023. The high figure for the previous year of € 27.31 per share reflects the one-time effect from the revaluation of previously held BBA shares in the amount of € 7.7 billion. Without this effect, the figure for 2022 would have been € 15.66 per share, therefore the EPS in 2023 would reflect a significant increase of 12.8%.

The BMW Group reliably shares its success with its shareholders, with a payout ratio within the usual range of 30-40% for financial year 2023. The Board of Management and Supervisory Board will propose a dividend of € 6.00 per share of common stock (2022: € 8.50) and € 6.02 per share of preferred stock (2022: € 8.52) to the Annual General Meeting on 15 May. This represents a preliminary payout ratio of 33.7% (2022: 30.6%).

In keeping with the principle of performance and reward, employees in Germany will also share in the success of the company in an appropriate manner. For example, a skilled worker will receive € 8,400 for financial year 2023 (based on the salary group ERA 5 based on the Metal and Electronical Industry Bavaria), as well as another component for their pension plan. 

Outlook for 2024: BMW Group expects profitable growth

In the Automotive Segment, owing to a slight increase in demand, full availability of new models and the upcoming model launches, deliveries of BMW, MINI and Rolls-Royce vehicles are projected to be slightly higher than the previous year. Fully-electric vehicles’ share of deliveries is forecast to increase significantly, compared to 2023. The EBIT margin in the Automotive Segment should be within the range of 8-10% in 2024.

A slight reduction in the CO₂ emissions of the EU new car fleet is to be expected, thanks to further improvement in vehicle fuel consumption and the rising number of vehicles with an electric drivetrain. The company therefore also expects its numbers to once again be significantly lower than the official targets in the EU.

The stable demand situation is also reflected in the Motorcycles Segment. Combined with full availability of models, including the BMW R 1300 GS, slightly higher deliveries are also expected in this segment. The EBIT margin is projected to be within the target range of 8-10%.

In the Financial Services Segment, RoE is forecast to be between 14-17%. As expected, supply and demand continues to normalise in the used car markets. It is therefore expected that revenues from remarketing lease returns will decrease further as compared to 2023.

Also due to this trend, Group earnings before tax will decrease slightly. Since the BMW Group continues to be a leader among its competitors in digitalisation and electrification of the vehicle fleet and intends to expand this position further, R&D spending and capital expenditure for future projects will peak in the Automotive Segment in 2024. The production network will also be further expanded in 2024 in connection with the NEUE KLASSE.

The above targets will be achieved with slightly higher employee numbers. The percentage of women in management positions at the BMW Group is also forecast to increase slightly.

Growing uncertainty around macroeconomic and geopolitical conditions could cause economic performance in some regions to deviate from the expected trends and developments. This concerns trade and customs policy, security policy and possible intensification of international trade disputes. The war in Ukraine and potential implications for the BMW Group’s business performance are also being closely monitored. The applicable restrictions, due to sanctions, have already been factored into the company’s guidance.

                                                                      * * *

  GLOSSARY – explanatory comments on key performance indicators

Deliveries to customers
A new or used vehicle is recorded as a delivery once it is handed over to the end user (which also includes leaseholders under lease contracts with BMW Financial Services). In the US and Canada, end users also include (1) dealers when they designate a vehicle as a service loaner or demonstrator vehicle and (2) dealers and other third parties when they purchase a company vehicle at auction and dealers when they purchase company vehicles directly from the BMW Group. Deliveries may be made by BMW AG, one of its international subsidiaries, a BMW Group retail outlet, or independent third-party dealers. The vast majority of deliveries – and hence the reporting of deliveries to the BMW Group – is made by independent third-party dealers. Retail vehicle deliveries during a given reporting period do not correlate directly to the revenues that the BMW Group recognises in respect of that particular reporting period.

EBIT

Profit before financial result. Profit before financial result comprises revenues less cost of sales, less selling and administrative expenses and plus/minus net other operating income and expenses.

EBIT margin

Profit/loss before financial result as a percentage of revenues.

EBT

EBIT plus financial result.

Payout ratio

The payout ratio is preliminary. Although the Management Board and Supervisory Board are proposing a fixed dividend per share to the general meeting, the number of dividend-entitled shares is expected to fall even further as a result of the ongoing share buy-back program between now and the Annual General Meeting. Accordingly, the total amount paid out to shareholders until May 15 presumably will also change.

PHEV

Plug-in-hybrid electric vehicle.

If you have any questions, please contact:

BMW Group Corporate Communications

Max-Morten Borgmann, Communications BMW Group

Telephone: +49 89 382-24118

Email: max-morten.borgmann@bmwgroup.com

Eckhard Wannieck, Head of Communications BMW Group, Finance, Sales

Telephone: +49 89 382-24544

Email: eckhard.wannieck@bmwgroup.com

Media website: https://newsroom.bmwgroup.com/global/en

Email: presse@bmwgroup.com

The BMW Group

With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world’s leading premium manufacturer of automobiles and motorcycles and also provides premium financial and mobility services. The BMW Group production network comprises over 30 production sites worldwide; the company has a global sales network in more than 140 countries.

In 2023, the BMW Group sold over 2.55 million passenger vehicles and more than 209,000 motorcycles worldwide. The profit before tax in the financial year 2023 was € 17.1 billion on revenues amounting to € 155.5 billion. As of 31 December 2023, the BMW Group had a workforce of 154,950 employees.

The success of the BMW Group has always been based on long-term thinking and responsible action. The company set the course for the future at an early stage and consistently makes sustainability and efficient resource management central to its strategic direction, from the supply chain through production to the end of the use phase of all products. 

www.bmwgroup.com

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New Delhi. BMW Group India stands out at Bharat Mobility Global Expo 2024 with an immersive display of its entire electric vehicle range. BMW Group India pavilion is located at Hall No. H1-11, Bharat Mandapam, Pragati Maidan, New Delhi from 01 - 03 February 2024.

The company has showcased its exceptionally diverse and innovative lineup of electric vehicles, captivating visitors with models such as the groundbreaking BMW i7, the versatile BMW iX, the stylish BMW i4, the dynamic BMW iX1, and the spirited MINI 3-door Cooper SE. This showcase represents a significant leap forward in the company's commitment to electrification and sustainable mobility, offering a range of options to suit various preferences and lifestyles.

Mr. Vikram Pawah, President, BMW Group India said, “As pioneers in automotive excellence, being part of a visionary event like Bharat Mobility Global Expo 2024 is exciting for BMW Group India.  Being the forerunners in the Indian electric luxury car segment, we are proudly showcasing our robust and diverse electric portfolio which has created ripples thanks to its combination of sustainability, performance and driving pleasure. We look forward to interacting with visitors who will have a unique opportunity to experience industry leading innovation and witness the future of mobility through BMW Group’s exceptional electric vehicles.”

The following vehicles are displayed at BMW Group India pavilion at the Bharat Mobility Global Expo 2024:

BMW i7 is a true all-electric luxury sedan that clearly demonstrates how an exclusive driving experience can be combined with an unwavering commitment to sustainability. BMW’s flagship luxury sedan with its enhanced level of comfort and the unique in-car entertainment system takes a pioneering route to maximising wellbeing inside the car. The i7 offers all-electric innovation, visionary design, and powerful driving dynamics so that you can make a striking impression everywhere you go.

BMW iX effortlessly combines premium mobility with SAV practicality, sporting agility and a long operating range with luxurious spaciousness. Born Electric, the BMW iX imbibes the principles of sustainability throughout its lifecycle, right from production to usage to end-of-life, making comprehensive use of natural and recyclable materials. It is so much more than a car - it's a modern way of life.

BMW i4 effortlessly combines sheer driving pleasure with segment-best operating range. This electric mid-sized sedan offers absolute luxury with class leading ambience and generous space, and the rear axle air suspension ensures maximum comfort even for longer trips. Excitingly dynamic, comfortable and powerful in equal measure, the BMW i4 provides a truly electrifying experience that exceeds all expectations.

BMW iX1 is a gamechanger for its segment. Inspired by confidence and determination, the iX1 fulfils the expectations of a SAV in a purely electric way, bringing together instantly accessible driving pleasure and modern versatility with class-leading range. The latest BMW eDrive technology, sharp design, fun-to-drive character and cutting-edge digitalisation shape the iX1’s winning personality and electrify every adventure that awaits you.

MINI 3-door Cooper SE is every bit the original iconic MINI, but powered for the roads of tomorrow. It fuses the legendary go-kart feeling with instant torque and zero emissions. The extra low centre of gravity improves stability and handling, and makes taking every bend more fun than ever. The moment you press the accelerator pedal, the torque kicks in instantly to deliver thrilling agility and stirring acceleration. It's MINI at its most intense – and most evolved.  Dynamic yet gentle, the all-electric MINI offers you an entirely new driving experience.

If you have any queries, please contact:

BMW Group India

Abhay Dange, Director, Press and Corporate Affairs

Cell: +91 9910481013; Email: Abhay.Dange@bmw.in

Rohneet Naik, Product and Technology Communication, Press and Corporate Affairs

Cell: +91 9899965668; Email: Rohneet.NR.Naik@bmw.in 

Internet: www.bmw.in

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Delhi NCR. The new BMW M3 Sedan and the new BMW M4 Coupé were launched in India today.

The new BMW M3 Sedan and the new BMW M4 Coupé are available at BMW dealerships across India as completely built-up units (CBU) from today onwards.

For added sportiness and enhanced dynamics, both high-performance cars will be available with Competition Package as standard.

Mr. Vikram Pawah, President, BMW Group India said, “M is the most powerful letter in the world. For generations, BMW M GmbH has been combining thoroughbred motor racing genes with uncompromised everyday usability. Inside an M, the driver becomes one with the vehicle for an adrenaline-steeped experience. The new BMW M3 Sedan and the new BMW M4 Coupé embody everything that is distinctive about BMW M. They demonstrate the perfect combination of high-performance sports car engineering with everyday practicality.”

The new BMW M3 Sedan and the new BMW M4 Coupé deliver superior performance with M Twin power turbo high-revving, straight six-cylinder engine and an all-embracing lightweight design concept complemented by uncompromising high-quality and elegant ambience.

The new BMW M3 Sedan and the new BMW M4 Coupé.

The design of the new BMW M3 Sedan and the new BMW M4 Coupé immediately casts a spell on its beholder. The M bonnet Powerdome echoes the athleticism of a sports car and the new hexagonal Adaptive LED headlights are a beacon of innovative design. The carbon roof’s striking roofline emphasizes the M design’s dynamic contours. The diffuser and the new L-shaped rear lights with full-LED technology convey power and purpose.  

The Competition Package for the new BMW M3 Sedan and the new BMW M4 Coupé is topped off by extended BMW Individual high-gloss Shadow Line exterior trim. The high-gloss Black finish has been applied to the side window trim, window recess finishers, exterior mirror frames, BMW kidney grille, the side gills and the model badge on the tail. The exhaust system of both the BMW M models comes with two twin tailpipes and an innovative flap concept. The Package also includes the M sports exhaust system with black chrome tailpipes. It features 19” M light alloy wheels with double-spoke styling in Black as standard along with the 20” light alloy wheels with Star-spoke styling.

The athletic interior is defined by classic M driver orientation and perfectly crafted materials. An impressive cockpit with round instruments in new chrome elements with the hallmark M design, M leather steering wheel with shift paddles and color-contrast stitching ensure perfect ergonomics and command of the vehicle – even in the most dynamic situations. Other numerous M elements like M entry sills, M gearshift lever are absolute eye-catchers. The Competition Package includes special lightweight M sport seats with cut-out that combine perfect support under extremely hard driving with exceptional comfort on long journeys. Seat belts with woven-in BMW M stripes cap off an extremely sporty interior.

The three-litre M TwinPower Turbo inline 6-cylinder petrol engine blends the best of two worlds: a high-revving character capable of up to 7000 rpm and superior power culminating in peak torque of 550 Nm. The Competition Package increases the engine output to 331 kW / 450 hp. Acceleration from 0 to 100 km/hr is achieved in just 4 seconds with a top speed of 250 km/hr. Top speed can be further enhanced to 280 km/hr with the optional BMW M Driver’s Package.

The seven-speed M dual-clutch transmission with Drivelogic is an innovative dual-clutch system specially designed for the high-revving BMW M engine. It enables extremely fast gear changes without any loss of traction. The shift paddles on the M leather steering wheel put all seven gears at your fingertips for absolute control.

The Competition Package also includes Adaptive M Suspension, which has been extensively tuned to enhanced performance and handling. It features new springs, dampers and anti-roll bars, along with reconfigured driving modes (Comfort, Sport and Sport+).The standard Active M Differential on the rear axle and DSC Dynamic Stability Control have likewise been configured to match the upgraded dynamics.

The all-new BMW M3 Sedan and the all-new BMW M4 Coupé come with a package of intelligent safety features aimed at minimizing risk with air bags, Dynamic Stability Control (DSC) including M Dynamic mode and Anti-lock Braking System (ABS).

Both M models deliver maximum driving pleasure coupled with an outstanding performance/fuel consumption ratio thanks to EfficientDynamics measures such as Intelligent Lightweight Construction, Automatic Start/Stop function, Brake Energy Regeneration, Electric Power Steering, 50:50 Weight Distribution and many other innovative technologies.

The BMW ConnectedDrive services onboard the new BMW M3 Sedan and the new BMW M4 Coupé provide the driver with a wide range of information, entertainment and service features. It includes the next generation BMW iDrive (the on-board Driver Information System) with touch controller, BMW Navigation Professional (integrated Global Positioning System – GPS) with 22.35 cm colour display with touch functionality and 3D maps, full-colour BMW Head-Up Display with M-specific views, Connectivity through Bluetooth / USB devices, optional Wireless charging function, BMW Apps, optional Apple Car Play and Park Distance Control (PDC) rear and front along with rear view camera.

The ex-showroom prices are as follows –

The new BMW M3 Sedan      :           INR 1,30,20,000

The new BMW M4 Coupé      :           INR 1,33,05,000

*Price prevailing at the time of invoicing will be applicable. Delivery will be made on ex-showroom. Ex-showroom price (inclusive of GST (incl compensation cess) as applicable but excludes Road Tax, RTO statutory taxes/fees, other local tax/cess levies and insurance. Prices and options are subject to change without prior notice. For further information, please contact your local Authorized BMW Dealer.

The new BMW M3 Sedan and the new BMW M4 Coupé is available in Alpine White as non-metallic paintwork and in the following metallic paintworks: Black Sapphire, Silverstone, Mineral White, Mineral Grey, Austin Yellow, Yas Marina Blue and Sakhir Orange and Azurite Black metallic, Champagne Quartz metallic, Tanzanite Blue metallic, Smoked topaz metallic and BMW Individual special paintwork Frozen Black metallic, BMW Individual Special Paintwork Frozen Brilliant White metallic and BMW Individual special paintwork Frozen Red II metallic

The range of fine upholstery combinations in BMW M3 Sedan and the new BMW M4 Coupé are cloth/leather combination Carbon structure Anthracite | Black and optional upholstery Leather 'Merino', with extended contents Silverstone | Black, Leather 'Merino', with extended contents Sakhir Orange | Black, Leather 'Merino', with extended contents Black | Black, Full leather 'Merino' Silverstone | Black, Full leather 'Merino' Sakhir Orange | Black, Full leather 'Merino' Black | Black.

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Delhi NCR. The new BMW X6 xDrive35i M Sport, the Sports Activity Coupé (SAC) was launched in India today.

The new BMW X6 xDrive35i M Sport is available at BMW dealerships across India as a completely built-up unit (CBU) from today onwards.

Mr. Vikram Pawah, President, BMW Group India said, “BMW established the Sports Activity Coupé (SAC) segment with the introduction of the BMW X6 and still continues its remarkable success story. The new BMW X6 xDrive35i combines the solid stance of an X model with the sportiness of a coupé. The M Sport package takes the dynamic aura of the BMW X6 to a whole new dimension. With the launch of the BMW X6 in a petrol variant, we are presenting a balanced portfolio with the choice of both diesel and petrol engines to suit all our customer requirements.”

The striking sports activity coupé confidently rules the road and is destined to stand out everywhere it goes. The M Sport package bestows the masculine character distinguishing itself as an elite sports model.

The new BMW X6 xDrive35i M Sport.

The extrovert design of the new BMW X6 with M Sport package conveys a dynamic impression at first sight. The 20" M light alloy wheels fit in seamlessly with the design, as does the M Aerodynamics package with its distinctive front apron, enlarged air inlets and side sills with additional character line. The characteristic ‘M’ badge on front wings and M designation on the doorsill strip further accentuate the sporty appearance. The Adaptive LED Headlights complete the dynamic look. The automatic operation of tailgate adds to the convenience quotient. Thanks to the adaptive M suspension, the driving dynamics perfectly measure up to the sporty exterior.

The M Sport package creates an exciting interior atmosphere. Elegant electronically adjustable sports seats in leather upholstery have a memory function and offer the driver and front passenger optimum lateral support. The M leather steering wheel features convenient multifunction buttons and integrated gearshift paddles. Doorsill finishers with M logo, BMW Individual headliner in anthracite and aluminum hexagon interior trim finishers complete the exclusive M Sport package. BMW Head-Up display facilitates relaxed driving with complete concentration on the road ahead. Ambient light creates a cosy atmosphere in the interior and features vicinity illumination in the exterior door handles.

The innovative petrol engine from the BMW EfficientDynamics family offers considerably more spirited power delivery as well as spontaneous responsiveness even at low engine speeds, thanks to BMW TwinPower Turbo Technology. The three-litre inline six-cylinder petrol engine of the new BMW X6 xDrive35i produces an output of 225 kW / 306 hp and a maximum torque of 400 Nm at 1,200 – 5,000 rpm. The car accelerates from 0 -100 km / hr in just 6.4 seconds.

For greater driving pleasure, the eight-speed Sport Steptronic automatic transmission in the new BMW X6 xDrive35i performs smooth, almost imperceptible gear shifts. At any time, in any gear, the transmission collaborates perfectly with the engine, enabling it to develop its full power and efficiency. The driver can also take over manual control or gear changes using shift paddles. The launch control function delights drivers with sporty ambitions.

The Adaptive M suspension extracts even more driving dynamics potential. The sport suspension settings with tuned dynamic dampers and air suspension on the rear axle deliver exceptionally sporty driving characteristics.

BMW xDrive, an intelligent all-wheel-drive system, in the new BMW X6 xDrive35i M Sport monitors the driving situation constantly and is quick to respond. The compact, low-weight and efficient all-wheel-drive system distributes the engine’s power between the front and rear axle exactly to suit the driving situation and the surface. With xDrive and Dynamic Stability Control (DSC), the vehicle remains directionally stable and distributes drive power flexibly between the two axles for optimum grip and safety.

The new BMW X6 xDrive35i M Sport features cutting-edge safety technologies. It provides optimal support in any situation with six airbags, Dynamic Stability Control (DSC) including Dynamic Traction Control (DTC), Cornering Brake Control (CBC), electric parking brake with auto hold, Hill Descent Control (HDC), side-impact protection, electronic vehicle immobilizer and crash sensor, ISOFIX child seat mounting and integrated emergency spare wheel.

BMW EfficientDynamics doubles the Sheer Driving Pleasure with features such as Auto Start-Stop, ECO PRO mode, Brake-Energy Regeneration, Electronic Power Steering, 50:50 Weight Distribution and many other innovative technologies. Using the Driving Experience Control switch, the driver is able to choose between different driving modes (ECOPRO, Comfort, Sport, Sport+) to suit diverse driving conditions.

The comprehensive range of BMW ConnectedDrive features numerous driver assistance systems, pioneering infotainment and unique connectivity. The new BMW X6 xDrive35i M Sport includes the next generation BMW iDrive (on-board Driver Information System) with handwriting recognition, BMW Navigation Touch (integrated Global Positioning System – GPS) with a 26 cm colour display and 3D maps, 16 loud speakers with 600 Watts high-end Surround Sound system from Harman Kardon, host of BMW Apps and Connectivity through Bluetooth / USB devices. Park Distance Control (PDC) rear and front along with rear view camera come as standard features. The full-colour BMW Head-Up Display enables all relevant information directly in the driver’s field of vision.

The ex-showroom price of the new BMW X6 xDrive35i M Sport is INR 94,15,000.

*Price prevailing at the time of invoicing will be applicable. Delivery will be made on ex-showroom. Ex-showroom price (inclusive of GST (incl compensation cess) as applicable but excludes Road Tax, RTO statutory taxes/fees, other local tax/cess levies and insurance. Prices and options are subject to change without prior notice. For further information, please contact your local Authorized BMW Dealer.

The new BMW X6 xDrive35i is available in Alpine White as non-metallic paintwork. The new BMW xDrive35i is available in BMW Individual High Gloss Shadow Line or the optional BMW Individual Exterior Line Aluminium Satinated.

The upholstery is available in Leather Dakota in the combinations of Terra | Black, Canberra Beige | Canberra Beige, Coral Red | Black, Ivory White | Black, Cognac | Black, Black | Black.

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Delhi NCR. The all-new MINI Countryman was unveiled today at the Auto Expo 2018 in India.

Locally-produced at BMW Group Plant Chennai, the all-new MINI Countryman will be available in three variants: two petrol variants - MINI Countryman Cooper S and MINI Countryman Cooper S JCW Inspired as well as one diesel variant - MINI Countryman Cooper SD. Deliveries will begin from June 2018 onwards and ex-showroom prices will be announced accordingly.  

Mr. Henrik Wilhelmsmeyer, Head of MINI, Region Asia, Pacific, South Africa and Importer Regions said, “Since its inception, the MINI brand stands for new innovative ideas and inspiration. It is in our DNA to consistently provide driving fun and the iconic MINI go-kart feeling across every model. The second-generation MINI Countryman represents a more distinctive and mature proposition of an ultimate all-rounder with ample space for you and your family. The all-new MINI Countryman is built for adventure and can turn any weekend into an expedition. Every road marks the beginning of a new chapter, full of moments to cherish, in a story that you will never want to end.”

Mr. Vikram Pawah, President, BMW Group India said, “MINI is the perfect fit for urban environment and has become a trailblazer success in the premium small car segment in India. The second-generation all-new MINI Countryman offers a unique combination of functionality, everyday practicality and long-distance suitability. In the typical MINI style, it combines driving fun with charisma and individuality. Local production of the all-new MINI Countryman at BMW Group Plant Chennai marks the beginning of a whole new chapter for MINI in India.”

MINI Countryman Cooper S JCW Inspired is equipped with John Cooper Works aerodynamic kit, rear roof spoiler and impressive 18-inch JCW thrill spoke alloy wheels. John Cooper Works influence continues in the illuminated cockpit with the JCW sports leather steering wheel. The car is equipped with premium features such as the ‘Leather Cross Punch’ Sport Seats, Harmon Kardon Hi-Fi Speaker System, MINI Find Mate and the MINI Wired Package. The MINI Wired Package includes Navigation System Professional and MINI Connected XL 8.8” screen with Touch Controller and Bluetooth mobile connectivity.

MINI Countryman Cooper SD features the Cooper SD engine for the first time in India that delivers 190 hp and 400 nm torque. With superior handling, no city corner or hill climb is a challenge. The Panorama Glass Roof and Electric Seat Adjustment with memory further adds convenience and driving fun.  

MINI Countryman Cooper S offers more premium technology and design features than ever before. With the Automatic Tail Gate, Cruise Control, LED Headlight, Fog Light, Multifunction steering wheel, Centre armrest in front and rear and the Radio MINI Boost 6.5” as standard, the all-new MINI Countryman comes ready for any adventure.

The all-new MINI Countryman will be available in five colours: Island Blue, Light White, Chilli Red, Melting Silver and Thunder Grey as well as British Racing Green offered exclusively for the MINI Countryman Cooper S JCW Inspired.

The all-new MINI Countryman will be available with Leatherette Carbon Black as standard upholstery and Leather Cross Punch Carbon Black for the all-new MINI Countryman Cooper S JCW Inspired.

The all-new MINI Countryman.

Exterior of the all-new MINI Countryman goes even further in versatility, agility and premium character. Its powerful proportions lend a particularly distinctive presence that combine iconic MINI design language with enhanced functionality. Precise contours on the surface underline the cars athletic shape and vertical orientation. Contrasting roof, upright rear lights, hexagonal radiator grille and large headlamps have undergone revolutionary development. The roof-rails in satin-finished aluminium are combined with silver-coloured side sill tops, thereby lending greater visual emphasis to the height of the car. The distinctive, slightly asymmetrically rounded contour of the LED headlamp together with the radiator grille produces a distinctive front view.

The all-new MINI Countryman is the roomiest and the most spacious MINI yet, extending 20 centimetres longer and 3 centimetres wider than its predecessor. This increased space allows five adults to sit comfortably with ample luggage space, making the all-new MINI Countryman a perfect companion for long journeys.

The interior blends modern aesthetics and refined craftsmanship with practical functionality. The typical MINI cockpit impresses with its clear horizontal structure, stretched lines and generously sized surfaces. The iconic circular central instrument panel is surrounded by an LED ring offering a brilliant colour display in 6.5-inch or 8.8-inch touchscreen. The intuitive use is complemented by the controller on the middle console for easy operation of multimedia, phone and car functions.

The electric seat adjustment with memory function now offers enhanced head and shoulder space for both the driver and front passenger. The three full-fledged seats at the rear make for ample and comfortable seating for rear passengers.

Using the cargo function, boot capacity can be increased from 450 litres to 1,309 litres by folding down the rear backrest with its 40:20:40 split. Park your all-new MINI Countryman at a scenic space and enjoy the view with the unique Picnic Bench that folds out of the luggage compartment to provide seating space for two while protecting your clothing with a fender dirt protection flap. Automatic Tailgate combined with Comfort Access System allows the boot to be opened and closed just by waving your foot under the rear fender.

The MINI Excitement Pack features LED interior and ambient lighting which illuminates the cockpit with a choice of selectable colours as well as projection of the MINI logo from the exterior mirror on the driver's side when opening and closing the car door.

The all-new MINI Countryman is powered by an all-new range of petrol and diesel engines developed from the latest MINI TwinPower Turbo Technology offering outstanding performance and efficiency. The 2-litre 4-cylinder petrol engine with TwinPower Turbo Technology makes the MINI Countryman Cooper S, high on performance and light on fuel. It mobilises a peak output of 141 kW/192 hp and a maximum torque of 280 Nm torque. It sprints to 100 km/hr in 7.5 seconds and the top speed is 225 km/hr. The MINI Countryman Cooper SD 4-cylinder diesel engine generates a peak output of 140 kW/190 hp and a maximum torque of 400 Nm torque. It sprints to 100 km/hr in 7.7 seconds and the top speed is 220 km/hr.

The standard 8-speed automatic steptronic transmission offers even more efficient, comfortable and sporty driving due to a broader gear spread and smaller engine speed steps. The 8-speed sports automatic steptronic transmission in the MINI Countryman Cooper S JCW Inspired with shift paddles makes for even sportier driving.

MINI Driving Modes enable an individualised vehicle set-up focusing on ride comfort, sportiness or efficiency, according to driver’s preference. In addition to the standard MID mode there is a choice of SPORT and GREEN mode. Driver Assistance Systems include Cruise Control, Park Assistant, Rear View Camera and Head-Up Display.

The all-new MINI Countryman is stacked with cutting-edge safety technology. The standard safety equipment comprises of front and passenger airbags, Brake Assist, 3-Point Seat Belts, Dynamic Stability Control, Crash Sensor, Anti-lock Braking System, Cornering Brake Control and Run-flat tyres as standard.

The standard MINIMALISM technology includes auto start/stop function, brake energy recuperation, active cooling air flaps and electromechanical power steering.

Delhi NCR.  The sixth generation of the high performance sedan, the all-new BMW M5 was launched today at Auto Expo 2018.

The all-new BMW M5 will be available at all BMW dealerships across India as a Completely Built-Up (CBU) model from today onwards.

The all-new BMW M5 features the new M-specific all-wheel-drive system - M xDrive for the first time. With the M xDrive, the all-new BMW M5 can be piloted with the familiar blend of sportiness and unerring accuracy both on the race track and out on the open road, while also delighting drivers with its significantly enhanced directional stability and controllability right up to the limits of performance when driving in adverse conditions.

Mr. Vikram Pawah, President, BMW Group India said, “For over three decades, the BMW M5 has been considered as the most sporting and dynamic executive sedan in the world. It is known as a car that does not hide its raw performance potential, yet at the same time retains its essential motor racing heritage and exudes a more elegant sporty appearance. The BMW M5 has always been the quintessential high-class automobile: fully competent for everyday use as a business sedan, while also fulfilling the role of a high-performance super sports car when desired.”

The all-new BMW M5.

Exterior of the all-new BMW M5 conveys power, elegance and aerodynamic refinement. Distinctive air inlets, a large kidney grille with double slats and an aluminium bonnet stress its dynamic proportions. For the first time, the BMW M5 features a roof made from extremely lightweight, high-strength carbon fiber reinforced plastic (CFRP).

The redesigned rear diffuser, side skirts, the M rear apron and M rear spoiler, play their part in giving the all-new BMW M5 its commanding appearance. Automatic tailgate operation allows convenient opening and closing of the tailgate. The M sport exhaust system with four tailpipes underlines the high-performance appeal, delivering a distinct sound that can be modified via the integrated exhaust valve mechanism.

The interior focuses squarely on the driver; absolute control in all driving situations is the motto here. The double-spoke design M leather steering wheel with multifunction buttons, the M emblem and chrome detailing feels great in the hand. Ambient light creates a relaxed, cosy atmosphere in the interior and features vicinity illumination in the exterior door handles. The M specific pedals and foot rest in stainless steel underline sporty aspiration and blend in with the exclusive business interior.

The M specific digital instrument cluster exhibits the technological prowess of the all-new BMW M5. The new M multifunction sport seats with illuminated M5 logo and M Seat belts reinforce the car's athleticism with multiple adjustment options allowing maximum comfort. The standard BMW Individual headliner in Alcantara Anthracite and the BMW Individual fine-wood trim plum brown high-gloss with highlight trim finisher Pearl Chrome, BMW Individual fine-wood trim Sen light brown and BMW Individual interior trim finishers piano finish Black are an absolute rarity that complete this expressive and prestigious ensemble.

The all-new BMW M5 features innovative technologies such as BMW Gesture Control which is part of a rigorously thought-out operating concept that recognizes six pre-defined hand movements for control of a number of functions. All acceleration and braking actions are monitored and controlled by the Park Distance Control (PDC) with the Parking Assistant. The smartphone holder integrated into the centre console allows inductive, Wireless Charging for mobile phones and the BMW Display key. The BMW display key shows various information about the vehicle’s status and allows selected functions to be controlled with an integrated touch display.

The M TwinPower Turbo 8-cylinder petrol engine in the all-new BMW M5 leaves nothing to be desired. The high-revving power unit delivers its exceptional output of 441 kW/600 hp at 5,600 – 6,700 rpm and a tremendous peak torque of 750 Nm. The boost in performance pushes the all-new BMW M5 from 0 to 100 km/hr in just 3.4 seconds for the ultimate adrenaline kick.

The new 8-speed M Steptronic transmission with Drivelogic features extremely short shifting times and numerous shifting options from very athletic and dynamic to comfortable and fuel-efficient. The gears can also be shifted manually with the gear lever or via gearshift paddles on the steering wheel.

The innovative M xDrive drivetrain system in the all-new BMW M5 combines the hallmark M agility and precision provided by standard rear-wheel drive with the traction-enhancing benefits of an all-wheel drive. The driver can choose from different configurations based on combinations of DSC modes (DSC on, MDM, DSC off) and       M xDrive modes (4WD, 4WD Sport, 2WD). The configurations allow the drive system to be tailored to both the driver’s personal choice and the nature of the journey. Purists can opt for classical rear-wheel drive by deactivating the all-wheel-drive system.

For utmost safety, the all-new BMW M5 comes with head and side airbags for driver and front passenger as well as head airbags for rear seats as standard. Additional standard equipment includes Dynamic Stability Control (DSC) including Anti-lock Braking System (ABS), Automatic Stability Control (ASC), M Dynamic Mode (MDM), Cornering Brake Control (CBC), Dynamic Brake Control (DBC), Dry Braking function and Active M Differential. DSC with M xDrive further enhances the safety aspect.

The all-new BMW M5 delivers maximum driving pleasure coupled with an outstanding performance and fuel consumption ratio thanks to BMW EfficientDynamics measures such as intelligent lightweight design, Brake Energy Regeneration, Auto Start-Stop function, electric power steering, differential and transfer case with optimised warm-up behaviour and aerodynamics (underside panelling, front spoiler, rear spoiler).

The all-new BMW M5 is equipped with a wide range of BMW ConnectedDrive systems like the BMW iDrive Touch, BMW Navigation System Professional (with touch functionality), 16 loud speakers with 600 Watts high-end Surround Sound system from Harman Kardon, BMW Apps, Apple Car Play, BMW Head-Up display and the optional Bowers and Wilkins system.

The all-new BMW M5 is available in a petrol variant at an ex-showroom price of INR 1,43,90,000.

*Price prevailing at the time of invoicing will be applicable. Delivery will be made on ex-showroom price. Ex-showroom price (inclusive of GST (incl compensation cess) as applicable but excludes Road Tax, RTO statutory taxes/fees, other local tax/cess levies and insurance. Prices and options are subject to change without prior notice. For further information, please contact your local authorized BMW Dealer.

The all-new BMW M5 is available in Alpine White (non-metallic) and in the following metallic paintworks: Black Sapphire, Snapper Rocks Blue, Marina Bay Blue metallic, Donington Grey, Bluestone metallic and Singapore Grey. The all-new BMW M5 is also available in the optional BMW Individual Special paint finishes - Frozen Dark Red metallic, Frozen Arctic Grey metallic, Frozen Dark Brown metallic, Frozen Cashmere Silver metallic, Frozen Dark Silver, Frozen Brilliant White metallic, Pure Metal Silver and other BMW Individual paintworks Champagne Quartz metallic, Almandine Brown metallic, Rhodonite Silver metallic, Azurite Black metallic and Brilliant White metallic

The all-new BMW M5 is available in a range of fine upholstery combinations – Leather 'Merino' with extended contents Silverstone / Black, Leather 'Merino' with extended contents Black / Black and Leather 'Merino' with extended contents Aragon Brown | Black and optional Leather 'Merino', with extended contents Black | Black, Full leather 'Merino' Silverstone | Black, Full leather 'Merino' Aragon Brown | Black, Full leather 'Merino' Black | Black. The high-end workmanship is enhanced by optional BMW Individual fine-grain ‘Merino’ leather upholstery in Smoke White / Black, Caramel / Black and Tartufo and Black.

New Delhi.  BMW India presented Sheer Driving Pleasure at the 11^th Auto Expo 2012 with the unveiling of BMW Vision ConnectedDrive concept study and launch of the new BMW M5.

Dr. Andreas Schaaf, President, BMW Group India said, “Pioneering technology of the BMW Vision ConnectedDrive concept study heightens driving pleasure. BMW Vision ConnectedDrive has strengthened the leading position of BMW in the development of innovative driver assistance systems. The concept symbolises the advanced level of intelligent networking in the automobile world which sets new benchmarks in convenience, infotainment and safety.”

BMW Vision ConnectedDrive concept study becomes a natural part of the interlinked world and combines various elements from online applications, driver assistance, call centre services and solutions for the integration of mobile devices. BMW Vision ConnectedDrive symbolises the epitome of intelligent networking of driver, vehicle and the environment in the modern world.

The new BMW M5 was launched today in India and can be now ordered as a CBU (completely built-up) unit at BMW dealerships across the country.

Dr. Andreas Schaaf, President, BMW Group India added, “The new BMW M5 is a high performance athlete in a business suit and is a unique blend of two worlds – performance and luxury. BMW M stands for a unique philosophy of driving pleasure – high performance, sophisticated sporting flair and aesthetics. M cars are designed to be fun. And I guarantee, the new BMW M5 is a lot of fun.”

Fifth generation of the world’s most successful high-performance sedan; the new BMW M5 offers a winning combination of power, luxury, sportiness and practicality. Efficient like a BMW and Sporty like an M; in an instant, the new BMW M5 offers unparalleled luxury and comfort and in the next; it showcases the untouchable power, the strongest of its kind.

Under the bonnet of the new BMW M5 lies a newly developed, high-revving 4.4 litre V8 engine with M TwinPower Turbo technology producing maximum output of 560 hp. The new BMW M5 sprints from 0 to 100 km/h in 4.4 seconds and breaks the 200 km/h barrier in 13 seconds with a top speed of 250 km/h.

The ex-showroom price of the new BMW M5 is ` 95,90,000.

Note: Ex-showroom price excludes RTO registration charges, tax, insurance, handling charges; Octroi and entry tax (as applicable). The above ex-showroom prices are exclusive of sales tax / VAT applicable on sale to the customer. Prices and options are subject to change without prior notice.

An exclusive limited-edition BMW Individual 7 Series (BMW 750Li) inspired by piano manufacturer Steinway & Sons is presented at the Auto Expo 2012 as part of a joint initiative between BMW and Steinway & Sons to promote and nurture young musicians at national and international level. Steinway and Sons edition of the BMW 7 Series can be ordered as a CBU (completely built-up) unit at BMW dealerships across the country. 

Dr. Andreas Schaaf, President, BMW Group India further added, “For almost 40 years, international cultural commitment has been a key element of the BMW Group’s corporate communications. The limited-edition BMW Individual 7 Series Composition inspired by Steinway & Sons embodies the desire of both brands to combine aesthetics, comfort and technical perfection. With its aim to provide support for future talent, the BMW Group considers that promoting the young Steinway artists in this way is a perfect adjunct to its commitment to culture.”

BMW M Automobiles and BMW Individual are produced by BMW Motorsport GmbH (subsidiary of BMW AG). Sophisticated technology, individuality and safety - the BMW M range offers an unmatched experience of exclusive, high-performance driving.

At the BMW Pavilion at Auto Expo 2012, BMW India has displayed its product range in India: the BMW 3 Series (BMW 320d Dynamic), the BMW 5 Series (BMW 530d), the BMW X1 (BMW X1 sDrive20d Exclusive) and the new BMW X3 (BMW X3 xDrive30d). BMW India has also displayed BMW 3 Series Convertible (BMW 330d Convertible), the new BMW 6 Series (the BMW 650i Convertible and the BMW 640d Coupe), the BMW X5 (the BMW X5 xDrive30d) and the BMW X6 (the BMW X6 xDrive30d) which can be ordered as CBUs.

If you have any queries, please contact:

BMW Group India

Abhay Dange, Press and Corporate Affairs

Cell: +91 9910481013, Telephone: + 91 124 4566 600, Fax: + 91 124 4566 612, Email: abhay.dange@bmw.in

Richa Sharma, Press and Corporate Affairs

Cell: +91 9910022148, Telephone: + 91 124 4566 655, Fax: + 91 124 4566 612, Email: richa.sharma@bmw.in

Internet: www.bmw.in