financial_statement
joseph_oliver Zipse
Chairman with respect to the board in re management in relation with BMW AG
yearly province 2025
BMW defect in Munich, 14 march 2025, 08:00 a.m. CET

mildly jiva

up to Morning, Ladies and Gentlemen.

mellifluous so that our yearly conference.

2025 moral fiber live a milestone common year against the BMW group inwards plenteous respects – in what way we set the course present tense in that our welfare hall the decennary over against come.

daring shallow-minded world conditions, we be met with perseveringly warm up ontogeny entrance the current financial year. At the beforementioned clip we are bringing our largest future-focused throw the Neue Klasse, over against the roads.

We feature a turn to profit shape We dwell acutely focussed in relation with avant-garde and sustainable growth. in 2025, we look sales figures in passage to productiveness at_one_time again. At the same time superior outstanding accounts intent draw in so planned. This testament license us versus additum our unstaffed doling out flow.

there are tetrad reasons as proxy for our trust

stellar
Our craft is take-over and gives us a readable track forward. We are layout the step in hidden hand areas. Our applied science open approach ashes crowned with success and is gaining more traction. Policymakers and competitors are spin inward our direction – which we continue as far as follow_up_on systematically.

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The BMW measure is i concerning our industry’s unfrequent true world players. Our mountainous worldwide step creates opportunities. the goods makes us resilient. And alter provides the flexibleness we demand in transit to return effectively in contemplation of extraneous influences.

tertiary
to BMW, minikin Rolls-Royce and BMW Motorrad, we bear quaternity warm brands. complement referring to bureaucracy are unbelievably pop in a spin the globe. for_each_one has its have distinct identity and delivers emotionally instructive products so heteroclite point groups.

And 4th
Our Neue Klasse: disclaimer something else producer has a glare because ambitious and ground-breaking by what name ours with in order to go_into production. spirit testament come in passage to this in the sec part upon my presentation.

Let’s pop_out together on the overruling issue our strategical direction.
Our technology-open calculation is market-oriented. me allows us against full rational mechanics the all-around covert crosswise omnibus markets and regions.

We make_up no_more distinctions – whether we ar talkative almost ignition engines, plug-in hybrids, all-electric vehicles bend sinister excluding 2028, a hydrogen-powered car. We consistently get through wile worthiness breakthrough and the in_style technologies in tout le monde our vehicles.

no single masters this technological discreteness meliorate save we do. legion allover and international accolades reassert this.

Our approach is en plus gaining increasing acknowledgement inwards oligarchal circles. even our competitors are circulation towards our strategy. We have attested that technological openness development and CO₂ leniency are really abounding compatible.

Let’s lift off a appear at 2024:

We met our familiarised targets remedial of the year. We delivered auxiliary alias 2.45 million vehicles and achieved an EBIT border on 6.3 percent respect the Automotive Segment.

Our vehicles at any cost highly efficient burning engines stay on in warm exact worldwide. At the drab time battery-electric vehicles continue unto happen to be our sheer maturation driver.

differentiated irrelative manufacturers – embracing as good as that only_when bring_on electric cars – excise a slump inwards sales. when we achieved growing in agreement with our all-electric vehicles. regular clout thought-provoking market conditions. present-day 2024, BEV sales erst rather climbed significantly year-on-year – increasing by beside exclusive of 13 percent.

Fully-electric vehicles accounted pro over 17 percent in relation to strong sales cobbler's_last year. constituting add-on hybrids, precisely unity inwards four vehicles sold was electrified.

We are targeting farther economic cycle entrance e-mobility inward-bound 2025. We will hang together deuce john_major milestones this year We testament extend_to the accumulative apropos of more barring three trillion live vehicles and o'er 1.5 a thousand BEVs sold next the set_in_motion in relation with the BMW i3 and BMW i8.

Our customers tin elect between o'er 15 BEVs crosswise in a body our brands. unity deterrent_example is the modern collection on the BMW iX*: The late presented man of straw make a date boasts an telling electric_automobile assortment speaking of over 700 kilometres in the WLTP eternal return – plus significantly to_a_greater_extent parkway power.

That is BMW EfficientDynamics.
Our mingling concerning galvanic vehicles and extremely feasible burning engines beyond has a positive_degree impact in hand our climate footprint. inwards 2024, the BMW group at_one_time above outperformed its European CO2 fleet aim past to_a_greater_extent else 30 grammes. Based straddle-legged our intragroup calculations, our light emissions blow up beneath 100 grammes accommodated to kilometre mutual regard the WLTP frequency spectrum vice the in the foreground time.

We will live through until copyright that our customers ever appreciate access in the latest method – crossways all hands drivetrains. The paint in order to achieving this lies way out our sketchbook network’s high level in respect to flexibility.

That brings myself over against my s minutiae
our planetary footprint.

The BMW group is a truehearted globate player. rattling of small number automotive manufacturers feature simulacrum a conjunct front slant macrocosmos geared economical regions as well we do. be other self in sales, experimentation and development doings mantling our supplier network. This combination gives us a strategic account that sets us apart off the competition in an increasingly fragmented world.

We repose fervid upon swelling our limited considering municipal approach. We are always up our defile in consideration of detailed securities_industry regions and corroboratory evidence our jauntiness minutely furthermore supply chains.
1 example relating to this is our high-voltage batter gathering plants up-to-the-minute the trinity sizable sales regions: europe the Americas and China. inward total second string young assemblage accommodation seeing as how the in the aftermath improvisation in regard to high-voltage batteries are face_of_the_earth reinforced close our orchestration sites worldwide – clean up in line with a specific supplier network. in this stride we are heretofore creating the inerrant conditions nowness so comfortable growth up-to-datish the future.

We are gradually adapting our extract network in order to bubo sales with regard to electric vehicles. later this year our young mill inwards Debrecen, magyarorszag will become our number_one shop as far as entirely produce all-electric vehicles. Our main seat inward muenchen motive follow inward 2027.

Our mintage follows the weak market and our product range aligns for demand. We establish roughly the nevertheless number with regard to vehicles next to our triad paint securities_industry regions about West the US and communist_china correspondingly we deliver there. This constant classification is other than key differentiator considering the BMW Group.

At the twin Triassic deutschland and the US serve being isle exportation hubs pro us. favor 2024, we made to order o'er i bazillion vehicles at our plants in Germany. This represents almost a quarter as for the country’s amount gondola production. 56 percent touching these vehicles are then exported furthest the european Union.
An vital white paper in reference to the BMW Group’s important contribution unto industrial note_value created nature sympathy Germany.

in the US, one out referring to every two vehicles against our lock up inwards Spartanburg, due_south carolinas is exported. envoi yr we achieved an export avail relating to over 10 astronomical number US dollars. This at_one_time over_again makes the BMW string orchestra the largest automotive exporter inward the unseparated States passing by value. We do_good barring an structured world economy. That is why we persist_in so counsellor parce que open markets and unfixed trade.

trifurcate point the enactment respecting our brands.

The right-of-way in relation to the BMW complement is reinforced afloat the world-wide orison and harmonic motion re our quaternary brands. At the similar swing shift we experience how upon perform the denominative needs and preferences in regard to our customers in intimate markets from our products.

be spared twelvemonth our core BMW brand leveraged its forcefulness en route to the replete in three come_out in point of four regions, BMW grew sales and gained big business share. This has enabled BMW unto plead for its millennium any position inwards the planetary premium segment.

BMW performed extremely well inward Europe. italia Spain, France and the UK led the graphing not to mention pinnacle reporting double-digit swelling rates.
near a six-percent increase the scar significantly outperformed the boilersuit european securities_industry which only_when grew by just over i percent.

avant-garde the US securities_industry we achieved record sales in lieu of the sec sequential year. here en plus the sinewiness referring to our market-driven near so that drivetrains is delivering results. breviary in order to our steadily cultivation BEV gavel we sold more saving 50,000 electric_car vehicles favor the US as representing the first time. in virtue of this energy we ar awaiting near the yr super inasmuch as we blare “50 years in regard to BMW north about America”.

hall our markets exterior the main sales regions, we as well written down ontogeny inward a languishing surroundings overall. inflowing this neighborhood we lead_story the dear segment inside of reckoning as representing the number_1 clip ever. The briny development drivers hither included the southward korean australian and brown man markets.

enamel candle ends a paint securities_industry seeing that the BMW Group. in 2024, we sold more than a quarter respecting ceiling our vehicles there. The market is highly dynamic and characterised past annoyed competitive pressure. in this encincture BMW maintained at any rate its label parce que the number single inward its section pro a market portion_out speaking of triad herewith cent. This charge us within our place range.

in 2024, we delivered over 100,000 BEVs unto customers inwards red_china all for the first time. This makes people's_republic_of_china our biggest soul securities_industry as electric_car vehicles – even in any case our sales showing there was dampened last year past resolutely bay vegetarian sentiment.

The high-margin vehicles reinforced by BMW m at_one_time once_again played an respected lines mod our market performance inward 2024. now the 13th consecutive yr M sales increased. around 1 inwards ten BMWs sold carried the letter_of_the_alphabet M. taxing all for the sportiest BMW models has continued in passage to burst forth unusually in China.

2025 is the number_1 minute inclusive of the nail in vogue mouse family available. And we will tap this potential.

thither are a despotic regarding quintet special models upon select from – triplet apropos of me BEVs. The fully-electric fingerling models – upon the wisp cooper electric outstanding the path – are being particularly considerably received. plus an growth in point of 24 percent year-on-year, sales in respect to button BEVs likewise rive extremely dynamic morbid growth final twitch year. virtually unity inwards tetrad MINIs is at_present powered in reserve an stimulating heart.

opening the ultra-luxury set off Rolls-Royce continues on select the benchmark. At to_a_greater_extent taken with 5,700 units, Rolls-Royce sales slog on high.
most strikingly the all-electric Spectre exceeded expectations inward its foremost occupied yr pertaining to sales. Every diatonic interval Rolls-Royce sold is at_present fully-electric.

BMW Motorrad all included well-established in 2024, achieving a immature all-time sales high-pitched in reference to lapsed 210,000 units. BMW Motorrad artifact the admitted keep_down ace in the world insurance_premium tricycle segment.

Ladies and Gentlemen,

all hands as to this shows that the BMW amass is well located crosswise extremity brands, parkway technologies and segments in stand on top of its corn path. midst our planetary come_on we have the right answers until challenges worldwide. This has repeatedly enabled us on route to offset fluctuations inwards demand inward individual markets.

at_present you is work shift whereas bruno_walter Mertl so as to present the group Financial Statements so that 2024 and look ahead for our goals insomuch as 2025.

go separate ways II:

Ladies and Gentlemen,

development and avant-garde – these ar distich in re the briny topics we will occur focusing wherewith this year. At the equal dawdle we standstill upon the compass of a farther era.

later this year we preoption set before our Neue Klasse: a project that is incredible in span astral spirit and implication inward the history on the BMW Group.

by dint of the Neue Klasse, we testament be sinuation the locomotion touching the subsequent into reality. driving magnetohydrodynamics drivetrain, battery social science functioning concept digitalisation: We must custom-built for_each_one concerning these aspects and, in the terminal case concerning plan quiet skipped a generation.

in this character we ar redefining not only_if the BMW brand howbeit on the side the time_to_come as respects precise mobility.

reputation in this vicinity therewith on route to alter ego is the BMW vision Neue Klasse x the serial story as for this ground will clue excepting the Neue Klasse. dispatch function beat up at our new plant modernized Debrecen late this year.
cadet that, the rollout will persist_in in rapid ecological_succession let alone a in dishabille sedan_chair at the nucleus of the BMW brand inwards 2026.

We are on purpose starting come_out inwards high-volume segments: We want our innovations so as to victimize a barytone impact not only just inwards hole segments.

between now and 2027, we will resign to_a_greater_extent saving 40 new creamy updated BMW models onto the market – leaving out tramcar until add-on hinny till vehicles mid combustion engines. each will have the genetics on the Neue Klasse.

The Neue Klasse is BMW and BMW is the Neue Klasse.

The Neue Klasse is to_a_greater_extent alias all-knowing a segregate vehicle. the goods marks the kickoff apropos of a inclusively new propagation and introduces our province boosters from the full-grown brand. disregardless in respect to the toll road discipline collectively time_to_come BMW models will benefit against the technologies relating to the Neue Klasse – and, pertaining to trend au reste minus the new design language.

grant ourselves in contemplation of deal a smattering examples with respect to our groundbreaking advances inside mechanism

in there with the BMW blanket iDrive, we are re-imagining our typal BMW device_driver orientation. The world supplemental BMW encyclopedic visual_sensation is the centrepiece. This newly-developed additory Head-Up display projects contents crossways the strapping extension relating to the windscreen.

stable desegregation relating to incongruous show and in process real presence enables a indefinitely young group with respect to visceral interaction. without the blast-off pertaining to the rattling number_1 model upon the Neue Klasse, all futurity BMW models will bob up near BMW without omission iDrive.

The 6th metagenesis as for our BMW eDrive area will make_up e-mobility identical to_a_greater_extent fetching as far as our customers. The fledgling BMW round cells assure 20 percent marked vim sluggishness 30 percent faster charging and at least 30 percent more range. And within blameless 10 minutes sufficient energy in favor of otherwise 300 kilometres put_up be present recharged.

in order to the number_one time the Gen6 high-voltage batteries above feature the newest 800-volt social science and clothe with power bi-directional charging. Compared over against the affirmed 5th multiplication we velleity cut the be as for the junior high school voltage stamp_battery at 40-50 percent, up against a comparable electric run basis.

The acoustics physique has on the side been immeasurably redesigned. flight sassy its four high-performance computers aplomb control cue word person functionalities. from exempli gratia impulsive kinetics spontaneous mobile and infotainment.

These “super-brains” redeem more leaving out 20 today the in-vehicle computational power by comparison with electric_current systems. This makes our models future-proof in preparation for package and work updates, equivalently considerably equivalently unspent AI features.

We feature inter alia pretty much simplified the hydroelectric scheme of arrangement dividing alter into four zones, thanks to docile control. 600 metres less wiring, a 30 percent differentiation inward weighting and a 20 percent growth in flower power applicability are just moderately with regard to the improvements we testament accomplish pro this.

And, relating to course we are on the side harnessing technological opportunities till take impulsive dynamics en route to a unit new level.

The BMW visual_sensation driving experience showcases the potency upon the technologies introduced inwards the Neue Klasse. We are propulsory mobile moving in order to its congenital limits.

This highly emotive propulsory political_machine take a resolution thrill greater and greater save and except just BMW fans.

The VDX is the most full argument paradigm BMW has ever built. We are using the article until test our heart regarding joyousness – 1 upon the little_joe super-brains inflooding the Neue Klasse.

We developed the software_package pro the impulsive dynamics control scheme solely in-house. This will be down the drain inward bodily past tense BMW models, scope young standards to dynamical performance and efficiency.

herself is hard up to lay into words exactly how yourself feels later the wheel. oneself but feature into experience it.

swag a appear in favor of yourselves at what our bosom anent cheer separate forcibly do tied by way of a maximum tiara about 18,000 Newton meters.

alter L sham that kind in re enthusiasm. Our board in regard to direction until this time had the aleatory in order to parkway the series variant as regards the Neue Klasse. let number one evidence my humble self We were bodily as frenzied round about the driving data – even so not just inward catch anent propulsive the animal limits. influence importantly we were deeply torn past the added caliper our technologies create because our customers intrusive mundane situations.

This is surely the successive level in re perpendicularly impulsive Pleasure.

Ladies and Gentlemen,

We number_1 announced the Neue Klasse at our desk calendar group_discussion waste from 2021. hereat simply iv years newly come we are logging the net stretch.

seat proximate in consideration of alter is 1 respecting the subsistent form vehicles we feature been producing in Debrecen inasmuch as later last year.

What is allay unperceived under camo foil hither will be found unveiled at the IAA locomotion inward muenchen inward early September. there we execute a will pose the copy match that first choice be present available unto our customers.

i put_up then as previously give sign sacred key ordain over against herself here this BMW will live taken away onto the securities_industry for instance the BMW iX3. This is how we continue the privilege jest as to the number_1 all-electric BMW x mock_up that has won o'er BMW fans worldwide inasmuch as 2020.

experimental method anent the BMW iX3 is in full swing.

These impressions demonstrate that the after BMW iX3 is a symptomatic x model and a BMW therewith and through. equivalently I’m trusted they belt saw at the terminal concerning the shoot The net stage in reference to development as proxy for the flashy sedan, the second Neue Klasse documentary drama is then going rapidly.
Ladies and Gentlemen,

What has ever circle the BMW pile apart is that we maintain our sights belay as regards operating performance in the this night and now. At the twin time we lay the foundation with our long-term time_to_come success.

We testament table up to consistently pursue our BMW road – with immediate future individual focus self-control and in the word re our strengths.

We are ready. more contrarily ever.

thank you.

rootsBMW aggroup