Three quarters of a million BMW and MINI retail staff trained since 2004 Munich. The BMW Group Training Academy in Unterschleißheim formally celebrated its tenth anniversary on Wednesday. Dr. Herbert Grebenc, head of Real Estate, Facility Management and Corporate Security at BMW Group, and Joachim Geißler, head of Qualification and …
Read More »BMW Group engines secure another double win in the Engine of the Year Award 2014
BMW Group engines secure another double win in the Engine of the Year Award 2014. Run of success continues with awards in two displacement classes: the 3.0-litre straight-six with BMW TwinPower Turbo technology wins its fourth title and the MINI 1.6-litre four-cylinder turbo unit its eighth in the world’s leading …
Read More »BMW’s $5.5 Billion Cost Cutting Plan
BMW CEO Norbert Reithofer has declared a $5.5 billion war on rising costs. This is the solution to prevent lower profit margins. To keep the profit margin to an acceptable 8%-10%, BMW needs to save $4 billion to $5.4 billion in costs. The BMW reported a margin in 2013 is …
Read More »BMW Group sales in May continue record year
Total of 177,741 vehicles delivered in May, increase of 6.8% Year-to-date sales up 7.4% to 826,865 BMW 5 Series continues to lead its segment with rise of 10.6% in May Munich. Deliveries of BMW, MINI and Rolls-Royce brand vehicles increased 6.8% to total 177,741 in the last month, making it …
Read More »BMW Group posts record sales for February
Total of 141,093 vehicles delivered in February, increase of 5.6% Year-to-date sales increase 6.6% to 273,999 Munich. With 141,093 BMW, MINI and Rolls-Royce brand vehicles delivered worldwide (prev. yr. 133,631/ +5.6%), the BMW Group achieved its best-ever February sales result. A record number of 273,999 (prev. yr. 256,933) automobiles have …
Read More »