Tag Archives: bmw group

BMW Group Threatens Trump on US Jobs

Posted on 5 December 2018 by Ken Zino

Buried at the bottom of the release was the following threat clearly aimed in AutoInformed’s view at President “tariff” Trump and his owning trade bluster and politically motivated policies that are threatening US jobs. Continue reading →

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FCA Joins BMW, Intel, Mobileye on Autonomous Driving Development

Posted on 28 August 2017 by Ken Zino

“To advance autonomous driving technology, it is vital to form partnerships among automakers, technology providers and suppliers,” said FCA Chief Executive Officer Sergio Marchionne, whose financially fragile company or parts of it are being explored for possible sale by a Chinese automaker.
Continue reading →

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BMW Group Posts Best Year in History During 2012

Posted on 18 March 2013 by Ken Zino

The BMW Group increased revenues during 2012 by 11.7% to €76.8 billion (~$99.7 billion) based on sales of 1,845,186 of BMW, Mini and Rolls-Royce brand vehicles delivered to customers worldwide, making it the largest maker of luxury automobiles. The Group also sold more than 117,000 motorcycles. Continue reading →

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BMW Group Posts Record January Sales

Posted on 11 February 2013 by Ken Zino

The BMW Group sold 123,276 BMW, Mini and Rolls-Royce brand vehicles in January up from 112,164 in 2011 and a record for the month of January. Continue reading →

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Rolls-Royce Appoints Giles Taylor as New Design Director

Posted on 27 June 2012 by Ken Zino

Rolls-Royce Motor Cars said today that Giles Taylor is appointed Design Director, effective 1 July 2012. Taylor will report to Adrian van Hooydonk, Senior Vice President BMW Group Design. Taylor replaces Ian Cameron, who retires from the role he has held since 1999. Continue reading →

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BMW Group Posts Record Sales, Revenues, Earnings in Q1

Posted on 6 May 2012 by Ken Zino

The BMW Group recorded record sales, revenues and earning during Q1 2012, as the number of vehicles sold by the Group rose by 11.2% to 425,528 units from 382,758 during Q1 of 2011. The BMW, Mini and Rolls-Royce brands all recorded new sales records. This included BMW brand motorcycles at 24,373, +5.5%, which was also the best Q1 sales performance in the company’s history. Continue reading →

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BMW Group Posts Best Year in History – Ups Dividend

Posted on 9 March 2012 by Ken Zino

Strong sales of sport utility vehicles and luxury cars, the booming China market and cost cutting were all factors in the blowout year. The BMW Group continues to contradict the conventional wisdom that scale is required to succeed in the global auto industry, since it operates largely in premium segments or gets a premium for its products in other segments. Continue reading →

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BMW Says Record Sales and Earnings Coming in 2011

Posted on 15 March 2011 by Ken Zino

The BMW Group during 2011 will improve on record earnings set in 2010 and increase them again in 2012 claimed Norbert Reithofer, Chairman of the Board of Management of BMW AG on Tuesday in Munich.

It was the latest sign that the auto industry is coming back, especially in high margin luxury vehicle segments. The BMW prediction follows records the world’s larger luxury make set in 2010. Continue reading →

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BMW on Record 2010 Earnings Proposes Record Dividends

Posted on 10 March 2011 by Ken Zino

As a result of the strong comeback the BMW Board of Management and the Supervisory Board will propose that the dividend be increased to €1.30 (2009: 0.30) per share of common stock and €1.32 (2009 € 0.32) per share of preferred stock at the annual meeting in May.

Both proposed dividends are record highs. The odds that shareholders will vote down such increases are close to nil. Continue reading →

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