Tag Archives: BMW.DE

BMW Group Posts Q3 €8B in Pre-Tax Earnings

“In the third quarter, we once again proved that our business model is robust and resilient”, said Oliver Zipse, Chairman of the Board of Management of BMW AG. “We have all the right factors for continued success: a technology-neutral approach, exciting products, a strong global presence and outstanding innovation capabilities throughout the entire value chain. Thanks to our broad model and drive train portfolio, we were able to increase our global sales – with BMW M and our electrified vehicles as the main growth drivers. At the same time, we remain fully on track to meet Europe’s ambitious CO2 targets for 2025 – without relying on flexibility mechanisms or pooling. This demonstrates that our technology-neutral approach is working and delivering strong results.” Continue reading

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BMW Group Testing HVO100 Diesel Replacement Fuel

The BMW Group (BMW.DE) said today that it is using its presence at the “Fleet Europe Days” on 22 and 23 October in Luxembourg to show fleet operators ways to decarbonize their fleets. In addition to fully electrified vehicles, the focus will be on fuels based on renewable raw materials.

“Our goal is always to have more environmentally friendly and efficient vehicles on the road. With the diesel replacement fuel HVO100, we have an opportunity to reduce the CO2 footprint of vehicle fleets. Especially in the area of fuels that are not based on fossil fuels, we see a potential that we are ready to realize,” said Dr. Martin Kaufmann, Head of Powertrain Development at the BMW Group. Continue reading

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