Bmw to build new plant in Brazil to sustain global sales growth
A BMW AG plant will be put up in Brazil in order to sustain global sales growth after having achieved record deliveries in 2011. The world's biggest producer of luxury vehicles is looking... Read more
Mercedes-Benz outsold BMW in the United States in November
The U.S. sales of Mercedes-Benz are higher than those of BMW by over 5,000 units last November. It comes within 1,600 units of the leader when it comes to yearly deliveries of luxury... Read more
Bmw confident that it can achieve 2012 margin targets
BMW may still be able to achieve earnings before interest and taxes (EBIT) of 8 to 10% of revenue at its core automotive business in 2012, according to an article on German weekly... Read more
Bmw remains the leader in global-sales race, overtakes Audi and Mercedes-Benz
After international sales of BMW AG's primary brand increased 9.3 percent to 128,446 units last month, the company stated that it had stayed on track to keep its title as the bestselling... Read more
BMW to run its factories above capacity this year, says production chief Frank-Peter Arndt
For this year, BMW’s factories will be operating above capacity, according to production chief Frank-Peter Arndt in an interview with Automotive News Europe. Arndt cited a Harbour Report... Read more
Bmw says its business indicators don’t show signs of a recession
Recession hasn’t hurt the production pace of BMW's plants as cars are rolling out at a record high and the factories are “working at full tilt,” according to Chief Financial Officer... Read more
Bmw announces record sales in August 2011
The BMW Group has achieved a 7.4 percent increase in vehicle sales to 110,891 units in August -- a fresh record for the month despite the temporary drop in gains from the blistering pace... Read more
Bmw will not revise its profit and sales goals despite economic turmoil
Despite the uncertainty in the economy, BMW will not revise its profit and sales goals, Chief Financial Officer Friedrich Eichiner told Automotive News Europe. Eichiner added that they... Read more
Bmw sets a new record for the month of August, selling over 100,000 cars
BMW set a new record for the month of August, with sales of over 100,000 cars. This places BMW nearer to its 2011 target of over 1.6 million units. Chief Financial Officer Friedrich... Read more
Bmw’s Jim O’Donnell says that the firm will be outsold by Mercedes-Benz
It appears that Bmw is about to lose the sales war with its German rival Mercedes-Benz and the big surprise is that these words don’t come from Daimler.., they come from a top executive... Read more
Bmw continues to maintain its position as the world’s top-selling premium brand
For the month of July 2011, BMW AG’s global sales of its core brand increased by 7.1% to 108,721 units. This was enough for it to retain its title as the best-selling premium brand in the... Read more
Daimler failed to keep pace with Bmw in the second quarter
Daimler AG was not able to keep up with rivals in the second quarter of this year, recording truck profits that trailed Volvo AB and forecasting slower sales growth than BMW AG.... Read more
Bmw remains optimistic despite European crisis
Even with the dwindling demand in Greece and southern Europe and despite the economic data implying a cautious outlook in the U.S., BMW remains optimistic. This is because its new models... Read more
Bmw posted a net income of $2.81 billion for the first quarter
BMW reported earnings before interest and taxes of 1.9 billion euros ($2.81 billion) for the first quarter, an increase of more than four times from the 449 million euros that the company... Read more
BMW keeps top spot in premium car sales in 1st Qtr 2011 with 21% increase
In the first quarter of 2011, deliveries of BMW AG rose by 21% to 382,758 vehicles, sales chief Ian Robertson said in a statement last Friday. BMW expects the sales volume in 2011 to... Read more
Bmw posts a 21.7 percent in Februrary 2011 sales
Thanks to the impressive sales from Asia, Europe and United States, BMW AG was able to post a 21.7 percent increase in Februrary 2011 sales. Still, there are some bad news as Bmw expects... Read more
BMW expects significant sales increases in the first half of this year
BMW AG’s CEO Friedrich Eichiner recently told reporters in Cape Town, South Africa, that the company forecasts “significant” increases in sales in the first half of 2011 over the demand... Read more
BMW’s November sales outpace rivals Audi, Mercedes-Benz
In surveying November sales, we observed that BMW AG was able to beat rivals, Audi and Mercedes-Benz. BMW believes that its sales had grown due to the appeal of its revamped 5-Series... Read more
Bmw reported strongest sales growth so far this year
From struggling to survive last year, the carmakers are now achieving sales records. One of those is BMW, which recently revealed that for November 2010, it had a 19.8% increase in sales... Read more
Lexus still has the lead in the luxury car segment, despite Bmw’s impressive sales
Despite BMW AG topping November sales for the luxury car segment in the US, Toyota Motor Corp.’s Lexus is still predicted to keep its title as the best-selling premium brand for the 11th... Read more
Bmw doesn’t want to increase customer discounts just to overtake Lexus, Mercedes-Benz
As we enter the final weeks of 2010, BMW AG refuses to raise its customer discounts just to be named as the year’s top-selling US luxury automobile brand. Peter Miles, executive vice... Read more
BMW will exceed its Chinese 2010 sales target, says Ian Robertson
At the Paris Motor Show, Ian Robertson, BMW’s board member for marketing and sales, said that the company will surpass its 2010 sales target for the market in China. Robertson said that... Read more
Strong unit sales expected to drive Bmw results in the third quarter
According to Bmw’s Chief Financial Officer Friedrich Eichiner, it appears that strong unit sales will power the Bavarian manufacturers’ third-quarter results. Also, Bmw wants to become... Read more
Bmw says that its sales are returning to pre-crisis levels
Bmw announced today that sales in August surpassed global sales volumes for its core brand, which means that the Bavarian manufacturer is returning to pre-crisis levels. As expected, Bmw... Read more
Recovery in luxury car markets makes Bmw rethink its earnings target
BMW AG, the world's biggest premium automaker, said that it may have to rethink its earnings target by August. The recovering luxury car markets are being led by China. For the first... Read more
Bmw global sales go down 12.6%
With only MINI posting a positive result, the BMW Group's global sales don't look so good with a 12.6% year-on-year drop in July. MINI sales rose 0.3% to 19,281 units, up for the first... Read more
Official: Bmw not aiming to make a profit in 2009
It was announced by BMW just recently that instead of trying to make a profit this year, it will manage cost and cash flow instead. This announcement came after BMW released its profits... Read more
Bmw’s profits go down with almost 90 percent
Last year, net profits for BMW went down almost 90 percent but company heads claimed that the carmaker is in good health financially speaking. As it turned out the 89.5 percent drop in... Read more
Bmw to become No. 1 in U.S. luxury sales
Honestly to tell you, we saw this coming! After eight years in the second position, according to the latest reports, it appears that Bmw will take the lead as one of the best selling... Read more
Bmw outsells Audi and becomes the top-selling premium brand
As you may know already, last week we reported that Audi for the first time passed Mercedes-Benz brand in global quarterly new-car sales. Well, forget about that, as Bmw announced today... Read more
Latest Auto Shows
