After a successful 2021, the BMW Group said today in Munich at its annual media conference that it is speeding up technological change and pushing forward with the transformation towards sustainable mobility. The company is preparing for new technology in its so-called Neue Klasse as it continues to expand e-mobility.
Unaddressed in formal statements were two key concerns for the German auto industry – Germany’s over-dependence on Russian natural gas, and it’s dealings with totalitarian communist states including China where BMW and other German makers, suppliers and brands have extensive holdings – Audi, Daimler, Mercedes-Benz, Porsche, among others. “We have laid the foundations to build on this success in the coming years: With the Neue Klasse, we are leading sustainable mobility into a new technological dimension. By extending the contract with our BBA joint venture until 2040 (this is in China), the BMW Group is also taking its growth to the next level,” said Oliver Zipse, Chairman of the Board of Management of BMW AG.
However, the Group is watching the current development of the war in eastern Europe with “great concern and dismay. As a global company, the BMW Group stands for the peaceful coexistence of different cultures all over the world – at all times and in all locations. The thoughts of our BMW Group employees are with all those who are experiencing suffering and loss in this war.”
“In the current situation, three things are paramount for the BMW Group: helping the victims and those affected wherever we can, securing our day-to-day operations worldwide and continuing to systematically implement our long-term strategy,” said Zipse. “The major challenges we are already facing, such as the fight against climate change and the transformation towards sustainable mobility, must still be confronted with the same intensity . It is especially important in times of crisis not to stop doing the right things.”
AutoInformed on
- BMW Group Posts Record Revenues, Earnings, Profits for 2021
- BMW Group Buys Customizer ALPINA
- BMW Manufacturing is Largest US Auto Exporter Again
- BMW Takes Majority Share in Chinese JV Brilliance Automotiv
- BMW 2021 US Sales up ~21% Beating Mercedes-Benz
- Penske Automotive Group Buys Another BMW Store
- BMW Recalls Cars, Crossovers for Diesel Engine Fires
- BMW and Rolls Note Rolls-Royce Founder’s Birthday
- BMW Group Sales Up for First Half of 2021. EV Sales Surge


Pingback: Porsche 2030 – More Than 80% All-Electric New Vehicles | AutoInformed