+++ 2025: Slight Growth planned in sales volume +++ Group EBT targeted at previous year's level +++ Higher Free cash flow expected +++ Slight Increase of BEV share in total sales planned +++ Due to a consistent strategy: Investments set to decrease from planned peak in 2024 +++ Technology openness as strategic competitive advantage +++ First NEUE KLASSE production vehicle will be the BMW iX3 +++ Zipse: “Implementing biggest future-focused project, while achieving robust free cash flow” +++ 2024: Targets achieved, BEV sales significantly higher +++ High dividend payout ratio of >36% +++
Munich. The BMW Group is entering the financial year 2025 with a clear commitment to growth – with a planned slight increase in sales volume, a decrease in investments and robust free cash flow.
“What has always set the BMW Group apart is our ability to maintain our course, even in challenging conditions. We remain clearly focused on two things – our near term performance and our long-term perspective,” said Oliver Zipse, Chairman of the Board of Management of BMW AG, on Friday. “With the NEUE KLASSE, we are implementing the biggest future-focused project in the history of our company, while at the same time achieving a robust free cash flow.”
At the end of this year, the first production model of the NEUE KLASSE, the new BMW iX3, will kick off an unprecedented ramp-up of new models: Across all drivetrain variants and all segments, the BMW Group will release more than 40 new and updated vehicles onto the market by 2027. What these new models have in common is that they will be equipped with future technology clusters, which will be rolled out successively across the entire portfolio with the launch of the NEUE KLASSE.
+++ Joachim Post to become Member of the Board of Management responsible for Development. +++ Nicolai Martin appointed to the Board of Management responsible for Purchasing and Supplier Network. +++ Reithofer: “Exceptional performance by Frank Weber and the entire Development Division for Neue Klasse.” +++
Munich. At its meeting today, the Supervisory Board of BMW AG set the personnel course to ensure the company's continued leadership in the areas of innovation and technology. Joachim Post will take over from Frank Weber as Member of the Board of Management responsible for Development as of June 1st. Following the successful completion of series development of the Neue Klasse, Frank Weber will conclude his role. Joachim Post will be succeeded by Nicolai Martin as Member of the Board of Management responsible for Purchasing and Supplier Network.
“Frank Weber and the entire Development Division have delivered an exceptional job in recent years to develop BMW's central future project into series production readiness: the Neue Klasse. Frank Weber deserves our sincere gratitude for this achievement. We wish him all the best for the future. And together with the Board of Management of BMW AG, we are very much looking forward to the launch of the Neue Klasse at the end of this year,” said Norbert Reithofer, Chairman of the Supervisory Board of BMW AG, on Thursday.
+++ BMW Group: Significant +13.5% sales growth in fully-electric vehicles +++ With over 2.45 million units delivered, BMW Group meets adjusted sales target for 2024 +++ BMW brand increases sales in selected regions, gains market shares and maintains position as global segment leader +++ Jochen Goller: “BEV growth to continue in 2025” +++
Munich. The BMW Group managed to continue its growth path in 2024, delivering a total of 426.594 fully-electric vehicles to customers and achieving BEV-sales growth of +13.5%. Both BMW and MINI brands posted double-digit BEV growth, with 368,523 (+11.6%) and 56,181 (+24.3%) fully-electric vehicles delivered to customers, respectively. The Rolls-Royce brand also recorded significant growth with 1.890 BEV vehicles delivered (+479.6%). The BMW brand managed to increase deliveries across all vehicle drivetrains in all sales regions outside of China.
“The BMW Group is maintaining its growth trajectory for fully-electric vehicles amid challenging market conditions. This is reflected in both the significant sales growth for fully-electric vehicles and the clear rise in new BEV orders in Europe,” said Jochen Goller, member of the Board of Management of BMW AG responsible for Customer, Brands, Sales. “We are confident we can maintain our BEV sales growth in 2025 with our strong and expanded product line-up,” Goller continued.
The fascination of the BMW Group lies not just in our products and technologies but in our history too, which has been written by inventors, pioneers and engineers.
Today, the BMW Group is the world’s leading manufacturer of premium cars and motorcycles and a provider of premium financial and mobility services. We operate over 30 production sites around the world and a global sales network.
At the BMW Group, we know we have a responsibility to society and the world. That’s why we have fixed targets and values that govern the way we do business. With the help of our strategic focus, we want to make a meaningful contribution to a more sustainable world and combine top-flight mobility with innovative technologies.
The BMW Group is the world’s leading provider of premium cars and motorcycles and the home of the BMW, MINI, Rolls-Royce and BMW Motorrad brands. Our vehicles and products are tailored to the needs of our customers and constantly enhanced – with a clear focus on sustainability and the conservation of resources.
As a multinational, the BMW Group operates in a wide variety of fields and offers a broad portfolio of products and services. To ensure full transparency and compliance, we regularly publish reports and compile our KPIs – from headcount and exact annual revenues to investments and R&D quotas. That way, our customers, partners and investors are always up to date with what’s going on in our organisation.
Fascination. At the BMW Group, it’s a global phenomenon. Formed by our products and technologies, but also by our innovativeness, pioneering spirit and visionary thinking, we have positioned ourselves as the market leader. We see the challenges we face as a privilege – because to us, driving technological transformation and developing new solutions for personal mobility are an opportunity: they are a chance to maintain a long-term focus on sustainability and enhance our culture of appreciation and equality. After all, it’s our people and their passion and commitment that will lead our organisation into the future.
With employees from over 110 nations, the BMW Group unites people around the world. What’s more, we know that the diversity and individuality of our team open up unique perspectives for our organisation. That’s why, to us, inclusion and equal opportunities are fundamental values that we uphold without compromise and will continue promoting and enhancing through our active commitment to diversity.
At the BMW Group, following and delivering on environmental standards is paramount. We have a range of measures in place to ensure regulations are adhered to across the board – by our suppliers as well as every one of our production sites worldwide. The conservation of natural resources and recycling are among our top priorities, and we work constantly to deliver on them by redefining our environmental standards and multistage due diligence processes.
Human rights are something we should not just uphold but also champion and increasingly focus on through projects and initiatives. With our various campaigns across the globe, we are committed to acting in line with our social standards. We also work with our partners to support the development and promotion of projects and ensure human rights are rigorously safeguarded along the global supply and value chains.
When it comes to future mobility, new and innovative perspectives are needed as we work together to come up with personal solutions. We work with various stakeholders and concepts to create space for exchanges within the BMW Group, with in-house and external experts, progressive personalities and unique points of view. Because that way, we can turn different ways of thinking and ideas into new solutions.
