Tag Archives: bmw group

BMW Group to Convert Preferred Shares to Common

Posted on 14 May 2026 by Ken Zino

At the Annual General Meeting of BMW AG (XETRA: BMWG.DE) late yesterday, and a subsequently held separate meeting of preferred shareholders [Susanne Klatten and Stefan Quandt – AutoCrat], the conversion of preferred shares into ordinary shares was approved.

“For the weighting of BMW AG in major stock indices such as the DAX or the EURO STOXX 50, it is already the ordinary shares that are decisive as the share class with the highest free‑float market capitalization. As a result of the conversion, their proportion in free float will increase significantly by around 19%,” said Chief Financial Officer Walter Mertl on Wednesday in Munich. “This step therefore strengthens the weighting of BMW AG in relevant indices. The simplified capital structure represents a clear added value for investors and may have a positive impact on the share price performance of the BMW share.” Continue reading →

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BMW Annual General Meeting – Chair Oliver Zipse Retires

Posted on 13 May 2026 by Ken Zino

At the 106th Annual BMW (XETRA: BMWG.DE) General Meeting today, Chair Oliver Zipse retired after 35 years with the German maker of premium automobiles and motorcycles.* Effective tomorrow, Milan Nedeljković assumes the Chair position on the Board of Management of BMW AG. Raymond Wittmann will succeed Nedeljković as Board Member for Production.

“For more than 35 years, the BMW Group has been my professional home. I am leaving with a deep sense of gratitude: for the trust that was placed in me, for the professional challenges that have taken me to various areas in the company; and above all, for an exceptional team that is shaping the mobility of the future with passion and a pioneering spirit. It has been a great honor for me to lead the BMW Group as Chairman of the Board of Management for seven years,” said Zipse. Continue reading →

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BMW Group Q1 2026 Sales Soft. Earnings at €2.348 Million Drop

Posted on 6 May 2026 by Ken Zino

“Once again, our earnings for the first quarter demonstrate the value of strategic consistency, operational strength and a high degree of flexibility. We are well positioned to deliver continued success, despite challenging conditions,” claimed Oliver Zipse, Chairman of the Board of Management of BMW AG.

[The questions for 2026 are whether EVs are salable without money on the hood so to speak in the U.S. How increased low-cost Chinese EVs in Europe affect premium brand sales, and the whim or dementia of the moment of the Trump Administration tax and tariff policies and their negative effects on Global trade. Trump said last Friday that he would boost tariffs on EU cars and trucks to 25% this week from 15% – AutoCrat?] Continue reading →

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BMW Group Plant Spartanburg Largest U.S. Auto Exporter

Posted on 5 March 2026 by Ken Zino

“Plant Spartanburg is proud to be the largest automotive exporter by value in the United States, a distinction that underscores our commitment to both the state of South Carolina and the nation’s economic strength,” said Robert Engelhorn, president and CEO of BMW Manufacturing in Spartanburg. “Our exports play a crucial role in supporting a favorable balance of trade, which is essential for sustained economic growth.” Continue reading →

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BMW Group Adds Alpina Brand

Posted on 5 January 2026 by Ken Zino

The BMW Group acquired the Alpina trademark rights on 1 January 2026. The Bavarian-based specialty tuner of performance versions of BMW models, now is BMW ALPINA as an exclusive standalone brand under the BMW Group. Alpena will continue produce performance cars at BMW Group assembly plants. [One wonders if this isn’t the pre-cursor to a BMW Formula One team ala Audi buying Sauber? – Autocrat. Read AutoInformed.com on Milestones – Audi F1 at Munich Brand Experience Center] Continue reading →

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BMW Group Testing HVO100 Diesel Replacement Fuel

Posted on 22 October 2025 by Ken Zino

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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China – BMW Group Links with Momenta for ADAS

Posted on 15 July 2025 by Ken Zino

“This collaboration of partners sharing the same mindset, will enable us to offer our customers in China a unique automated driving experience. We are combining 20+ years of pioneering safety with locally trained driving knowledge and state of the art Chinese AI technology,“ said Dr. Mihiar Ayoubi, Senior Vice President, Driving Experience, BMW Group. Continue reading →

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ChargeScape Vehicle-Grid Integration JV Begins Operations

Posted on 18 September 2024 by Ken Zino

BMW, Ford and Honda have begun operation of their new joint venture ChargeScape today ChargeScape also appointed the first CEO and CTO. (Read AutoInformed.com on EV Grid Unlock – BMW, Ford, Honda Create ChargeScape) As more Americans switch to EVs, cheaper fueling costs have become top-of-mind for drivers, particularly while charging at home where 80% of EV charging occurs according to U.S. Department of Energy estimates. The nation’s power grids have come under increasing strain due to electricity demand from data centers and the intermittent nature of current renewable technologies.

“ChargeScape is a software platform that integrates electric vehicles (EVs) into the power grid, shoring up grid stability while saving drivers money on their charging, the companies – all of them global giants – said in a joint release. “ChargeScape’s technology wirelessly connects to electric vehicles and, working with participating utilities, manages the flow of electrons in line with real-time grid conditions, temporarily reducing demand when the grid is constrained through smart charging (V1G) and even sending energy back into the power grid when needed (V2G). EV drivers have the potential to be rewarded financially for their flexibility and always have their vehicle charged by the time they specify,” ChargeScape claimed ex ante. Continue reading →

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Forced Labor Official Vehicles – BMW, Jaguar Land Rover, VW

Posted on 20 May 2024 by Ken Zino

“Automakers are sticking their heads in the sand and then swearing they can’t find any forced labor in their supply chains,” Senator Wyden said. “Somehow, the Finance Committee’s oversight staff uncovered what multi-billion-dollar companies apparently could not: that BMW imported cars, Jaguar Land Rover imported parts, and VW AG manufactured cars that all included components made by a supplier banned for using Uyghur forced labor. Automakers’ self-policing is clearly not doing the job. I’m calling on Customs and Border Protection to take a number of specific steps to supercharge enforcement and crack down on companies that fuel the shameful use of forced labor in China.” Continue reading →

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The Quantum Mobility Quest from Airbus and BMW Group

Posted on 6 December 2023 by Ken Zino

This could be a first-of-its-kind attempt to develop applications to harness quantum technologies for real-world industrial applications. The companies said it has the potential to forge more efficient, sustainable and safer solutions for the future of transportation. This nascent technology could play a key role in simulating various industrial and operational processes, opening up opportunities to shape future mobility products and services. Continue reading →

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Gen 5 Three-Door MINI Cooper is Electric

Posted on 2 September 2023 by Ken Zino

Entering its fifth generation with a first, the purely electric 3-door MINI Cooper now has digital experiences, modern assistance systems and a pure electric powertrain. BMW is hoping it remains a MINI in buyer’s minds, while at the same time marking the brand’s all-electric future. This transformation starting now will make MINI an all-electric brand by 2030. Continue reading →

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Seven Automakers to Build North American Charging Network

Posted on 26 July 2023 by Ken Zino

The awakened policy shift from partisanship toward cooperation in saving the planet for the pernicious effects of climate change, aka global warming, is the latest beneficial result of the Biden Administration’s Inflation Reduction Act, which in part is using once eschewed and mocked national industrial policy to effectively serve all – as in We the People – in the US. The socialist aspects of the policy also have larger global benefits as well. Continue reading →

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Putin’s War Clouds BMW Group Media Day

Posted on 16 March 2022 by Ken Zino

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. Continue reading →

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BMW Group Posts Record Revenues, Earnings, Profits for 2021

Posted on 10 March 2022 by Ken Zino

Deliveries were up 8.4%, to 2,521,514 units, of which 13% were electrified vehicles (328,314 units, +70.4% YOY). Group revenues rose to.€111,239 million (prev. yr.: €98,990 million, +12.4%). Group net profit reached a new all-time high of €12,463 million (prev. yr.: €3,857 million, +223.1%). Continue reading →

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Rolls-Royce Motor Cars Posts Highest Sales in 117 Years

Posted on 10 January 2022 by Ken Zino

The company said that growth came principally by Ghost sales, with demand increasing following the launch of Black Badge Ghost in October 2021. This, together with sales of the Cullinan and the marque’s pinnacle product, Phantom, means that at the moment order books are full well into the third quarter of 2022. The company’s Provenance (pre-owned or used) also posted an all-time record. Continue reading →

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