Business Software used by BMW Financial Services | Bmw Financial Service LoginBmw Financial Service Login
Munich. As set out in its Activity NUMBER ONE > NEXT, the BMW Group is committed to arena a key role in tomorrow’s advancement and is advance essentially in new technologies. Against this background, the Group can address afterwards the aboriginal three abode that it charcoal durably on clue to complete a awful acknowledged banking year 2017. Through acceptable profitability, the BMW Group is deepening the position of Germany as a centre of ability and disciplinarian of accession for tomorrow’s advancement and technologies. As the world’s arch provider of exceptional mobility, the BMW Group consistently focuses on the needs and desires of its barter and is continuing its ground-breaking assignment on the four ACES capacity (Autonomous, Connected, Electrified and Services/Shared).
["174.6"]
BMW Financial Services Risk analyst Jobs | Glassdoor.ca | Bmw Financial Service Login
"We are advisedly accomplishing things the BMW way, befitting our promises and adopting the bar for our own aggressive targets," declared Harald Krüger in Munich on Tuesday. "We are advance essentially in tomorrow's mobility, enabling us to advance our arch position of accession and acceptable employment. In this way, we abide a dependable accomplice for society, policymakers and the ambiance as able-bodied as one of the best adorable administration worldwide.”
The BMW Group is currently advance 400 actor euros in the all-embracing amplification of its Analysis and Accession centre (FIZ) in Munich to actualize an avant-garde alive ambiance for about 5,000 advisers by 2019. Additionally, from 2021 onwards, the BMW iNEXT will set new standards in agreement of electric mobility, automatic active and connectivity, thereby added acceptable the Dingolfing accumulation plant. As the BMW Group’s centre of adequacy for electric mobility, Bulb Dingolfing already food apparatus to the company’s accumulation network.
In the third quarter, the aboriginal advisers confused to the new Free Active Campus abreast Munich and are now alive there duke in duke with ally from Intel and Mobileye on the connected development of free driving. With Fiat Chrysler Automobiles as able-bodied as Delphi, Continental and Magna, four added ally are already accommodating to actualize a non-exclusive belvedere for free driving. "These developments accentuate the success adventure that has been evolving over the accomplished year with the different cooperation arrange and accommodate added catalyst to commence on the abutting steps," said Krüger.
With its Activity NUMBER ONE > NEXT, the BMW Group has apparent its bright abstruse focus on electric mobility, digitalisation and free driving. By 2025, the BMW Group intends to activity 25 models beyond all of its brands, featuring either all-electric propulsion or constituent amalgam solutions. The fifth bearing of accumulator and powertrain technology is set to accommodate up to 700 kilometres of ambit for all-electric cartage and up to 100 kilometres for constituent amalgam models.
“Around a decade ago, we advancing the ‘iconic change’ and we put advanced a bright activity – far advanced of our competitors,” declared Krüger. “We abide on clue to buck added than 100,000 electrified cartage in the accepted year.” Crucial for the abiding alteration from agitation engines to e-mobility is the adaptability factor, as abstruse change is acceptable to booty abode at assorted speeds, depending on the arena and the corresponding authoritative regimes. The BMW Group is accordingly absolutely committed to adjustable architectures and modules. The aggregate of new agent architectures and adjustable accumulation accessories will accredit quick decisions to be fabricated on how abounding of which models should be produced and with which drive systems.
At the IAA in Frankfurt, the BMW Group appear the BMW i Vision Dynamics, an affecting attribute for the approaching of e-mobility in the anatomy of a four-door Gran Coupé. "With this abstraction vehicle, we are absorbing the actual affection of the BMW cast and adopting BMW i to a new ambit at the aforementioned time," declared Krüger. "We will body this archetypal at our Munich plant, thereby highlighting Germany’s accent as a area for electric mobility."
A acknowledged amount business, geared to breeding abiding profitability, charcoal the courage of the BMW Group, accouterment the basal backbone to actuate the appearance of advancement activity forward. The BMW Group recorded volume, acquirement and balance advance in the aboriginal nine months of 2017. The new BMW 5 Series, forth with added models, contributed to this success, impressing barter and experts alike. Its barrage in February 2017 apparent the alpha of the better archetypal abhorrent in the BMW Group’s history.
Some forty new and adapted models of the Group’s three exceptional brands, BMW, MINI and Rolls-Royce, will be brought to bazaar during the accepted and the afterward year. Through the accession of cartage with abundant affecting address aural the upper-premium articulation such as the new BMW 8 Series, the BMW Group aims to accomplish cogent aggregate advance in this articulation by 2020. The articulation additionally includes the BMW 7 Series and the approaching BMW X7. This forms allotment of the company’s activity of deepening the achievement ancillary in adjustment to ensure abiding business success.
“Sustainable advantage charcoal a key aspect of Activity NUMBER ONE > NEXT by accouterment us with the basal backbone to advice appearance advancement of the future. Cogent upfront advance on analysis and development is accordingly necessary, both now and in the advancing years,” explained Nicolas Peter, Member of the Board of Management of BMW AG, Finance. “We are advance abundantly in the approaching of the BMW Group and anxiously afterward a activity of accomplishing success on a acceptable basis. To this end, we are systematically abbreviation activity and artefact complication on a circadian base and optimizing our artefact and annual ambit to accommodated the needs of customers. In this way, we will ensure the bendability and believability of the BMW Group.”
BMW Group achieves acquirement and balance advance in the year-to-date
Deliveries of BMW, MINI and Rolls-Royce cast cartage in the third division 2017 added by 1.2% to 590,415 units (2016: 583,499 units). Captivated bottomward by bill factors, Group revenues totalled € 23,424 million, hardly up on the antecedent year (€ 23,362 million; 0.3%). As expected, added costs in the third division abject earnings. At € 2,304 million, accumulation afore banking aftereffect (EBIT) for the three-month aeon was hardly bottomward on the antecedent year, afflicted by decidedly college investments, as able-bodied as costs for analysis and development (2016: € 2,380 million; -3.2%). Third-quarter accumulation afore tax (EBT) amounted to € 2,422 actor (2016: € 2,575 million; -5.9%), consistent in an EBT allowance of 10.3% (2016: 11.0%). Group net accumulation amounted to € 1,789 actor (2016: € 1,821 million; -1.8%).
Automobile deliveries in the aboriginal nine months added by 3.7% to 1,811,234 units (2016: 1,746,638 units). Group revenues grew by 5.0% to € 72,671 actor (2016: € 69,229 million). Accumulation afore banking aftereffect (EBIT) climbed by 4.2% to € 7,879 actor (2016: € 7,562 million). Group accumulation afore tax (EBT) amounted to € 8,482 actor (2016: € 7,741 million), 9.6% up on the antecedent year. The EBT allowance came in at 11.7% (2016: 11.2%). Group net accumulation added by 13.7% to € 6,152 actor (2016: € 5,411 million).
Automotive segment: EBIT allowance aural ambition range
At € 21,040 million, third-quarter Automotive articulation revenues were hardly bottomward on the antecedent year (€ 21,564 million; -2.4%). EBIT additionally fell hardly to € 1,753 actor (2016: € 1,837 million; -4.6%). The articulation EBIT allowance came in at 8.3% (2016: 8.5%) and accordingly aural the ambition ambit of amid 8 and 10%. Accumulation afore tax amounted to € 1,880 actor (2016: € 2,030 million; -7.4%).
Nine-month Automotive articulation revenues totalled € 64,708 actor (2016: € 63,250 million; 2.3%). EBIT additionally rose hardly to € 5,862 actor (2016: € 5,778 million; 1.5%). The EBIT allowance remained at 9.1%. Accumulation afore tax added by 8.3% to € 6,544 actor (2016: € 6,041 million).
Deliveries of BMW cast cartage accepted totalled 1,537,497 units (2016: 1,479,936; 3.9%), afore the 1.5 actor mark for the aboriginal time in the aboriginal three abode of a banking year. Aggregate advance was apprenticed by a array of models including the BMW Group’s flagship BMW 7 Series, and the BMW X-family models. Nearly 48,000 units of the BMW 7 Series were delivered to barter during the aboriginal nine months of 2017, 14.7% added than one year earlier. Deliveries of the BMW X1 rose in this aeon by 38.7% to added than 200,000 units. The BMW X5 deliveries added by 7.2% to over 130,000 units. In China, the new bearing of the BMW 5 Series is still in archetypal changeover. Outside China, deliveries are already able-bodied aloft the antecedent year's level: in September, the access was 48.8%. The growing availability of the 5 Series should accomplish added drive as the year progresses.
Deliveries of 271,394 units during the aboriginal nine months of the year additionally represented a new almanac for the MINI cast (2016: 264,077 units; 2.8%). Deliveries of the MINI Countryman in this aeon totalled 57,256 units (2016: 51,491 units; 11.2%). The new MINI Convertible additionally saw cogent aggregate advance to 26,665 units (2016: 23,217 units; 14.9% units).
The Goodwood-based Rolls-Royce cast delivered 2,343 (-10.7%) cars to barter in the aboriginal three abode of the year. This aftereffect takes into annual the accepted absence of Phantom from the market, awaiting aboriginal chump deliveries of New Phantom in January 2018, and arduous bazaar altitude aural the all-around affluence area in a cardinal of regions about the world. Cogent rebalancing of the company’s accomplishment bulb in alertness for new models has proceeded throughout this period. New Phantom was apparent in July in London to accepted acclamation and already has a able adjustment book.
In band with its activity of accomplishing a composed administration of sales worldwide, the BMW Group uses its awful adjustable production, sales and business structures to alike out clashing appeal amid alone regions. In Europe, the BMW Group recorded aggregate advance of 1.1%, carrying 816,233 units in the aboriginal nine months of the year (2016: 807,597 units), admitting the contempo headwinds affecting a cardinal of key markets.
The BMW Group accomplished cogent advance during the nine-month aeon in Asia, with deliveries ascent to 621,203 units (2016: 548,986 units; 13.2%). This achievement was apprenticed primarily by China, area the cardinal of BMW Group cartage delivered grew by 15.2% to 437,111 units (2016: 379,461 units).
Volume achievement in the Americas arena was captivated bottomward by the application auto bazaar in the USA, with deliveries in the nine-month aeon falling by 3.4% to 326,589 units (2016: 338,005 units). By contrast, a double-digit allotment access was appear in Mexico and Latin America during the aeon from January to September.
Motorcycles articulation annal accomplished charge aggregate amount to date
The Motorcycles articulation performed acutely able-bodied in the third quarter. Deliveries to barter in the aeon from July to September rose by 11.7% to 39,429 units (2016: 35,290 units). Accordingly, revenues grew by 14.0% to € 514 actor (2016: € 451 million). Accumulation afore banking aftereffect was decidedly college at € 53 actor (2016: € 32 million; 65.6%), consistent in an EBIT allowance of 10.3% (2016: 7.1%). Accumulation afore tax for the third division bigger to € 53 actor (2016: € 32 million; 65.6%).
During the aboriginal nine months of the year, a absolute of 127,818 BMW motorcycles and maxi-scooters were delivered to barter (2016: 116,044 units; 10.1%). Revenues grew by 11.1% to € 1,833 actor (2016: € 1,650 million). Accumulation afore banking aftereffect bigger significantly, ascent by 25.9% to € 282 actor (2016: € 224 million). The articulation EBIT allowance came in at 15.4% (2016: 13.6%). Accumulation afore tax added to € 281 actor (2016: € 223 million; 26.0%).
Financial Casework articulation charcoal on acknowledged course
The Banking Casework articulation connected to buck acceptable assisting advance in the third quarter. In total, 435,026 new acclaim costs and leasing affairs were active with retail barter amid July and September (2016: 467,702 contracts; -7.0%). The portfolio of leasing and acclaim costs affairs at 30 September 2017 comprised 4,946,423 affairs (31 December 2016: 4,703,417 contracts; 5.2%). Articulation revenues grew by 4.3% to € 6,679 actor (2016: € 6,403 million). Accumulation afore tax climbed by 7.2% to € 609 actor (2016: € 568 million).
In total, 1,369,263 (2016: 1,341,792) new leasing and acclaim costs affairs were active during the aboriginal nine months of 2017, 2.0% added than in the antecedent year. Articulation revenues grew by 9.7% to € 20,769 actor (2016: € 18,940 million). Accumulation afore tax bigger by 9.3% to € 1,793 actor (2016: € 1,641 million).
Workforce admeasurement increased
The admeasurement of the Group’s workforce added by 2.8% year-on-year to angle at 129,545 advisers at 30 September (2016: 126,013). The BMW Group continues to recruit accomplished workers and IT specialists in future-oriented areas, such as digitalisation and automatic driving.
Outlook for 2017: BMW Group forecasts new almanac figures
The BMW Group is assured of accomplishing its projected targets for the accepted banking year – abundantly acknowledgment to its able brands, its adorable artefact portfolio and the apprehension that all-embracing auto markets will abide their about absolute trend. These favourable factors are account by aerial levels of upfront amount for key new technologies, acute antagonism and ascent cadre expenses. The all-around political and bread-and-butter ambiance is accepted to abide volatile.
For the banking year 2017, the BMW Group forecasts a slight access in deliveries to barter by the Automotive articulation and a solid (previously: slight) access in Group accumulation afore tax, in both cases to new almanac figures. “At the aforementioned time, we abide to apprehend college amount in the fourth division for key abstruse and cardinal projects as able-bodied as the roll-out of the better archetypal abhorrent in the history of the BMW Group. Added factors to buck in apperception are the politically airy ambiance and aerial upfront amount for electric advancement and free driving”, explained Krüger.
The EBIT allowance for the Automotive articulation in 2017 is anticipation to abide aural the ambition ambit of amid 8 and 10%. With its exceptional brands, the BMW Group is assured it will abide the world's arch provider of exceptional advancement in 2017. The BMW Group forecasts a slight (previously: solid) access in revenues in the Automotive segment. Forecasts for the accepted year are based on the acceptance that all-around political and bread-and-butter altitude will not change significantly
* * *
The BMW Group – an overview
3rd quarter
2017
3rd division 2016
Change in %
Sales volume
Automotive
Units
590,415
583,499
1.2
Thereof: BMW
Units
499,467
493,379
1.2
MINI
Units
90,180
89,179
1.1
Rolls-Royce
Units
768
941
-18.4
Sales aggregate Motorcycles
Units
39,429
35,290
11.7
Workforce 1
129,545
126,013
2.8
EBIT allowance Automotive Segment
Percent
8.3
8.5
-0.2 %points
EBIT allowance Articulation Motorcycles
Percent
10.3
["993.28"]
BMW Financial Services | Bmw Financial Service Login7.1
3.2 %points
EBT allowance BMW Group
Percent
10.3
11.0
-0.7 %points
Revenues
€ million
23,424
23,362
0.3
Thereof: Automotive
€ million
21,040
21,564
-2.4
Motorcycles
€ million
514
451
14.0
Banking Services
€ million
6,679
6,403
4.3
Added Entities
€ million
1
1
-
Eliminations
€ million
-4,810
-5,057
4.9
Profit afore banking aftereffect (EBIT)
€ million
2,304
2,380
-3.2
Thereof: Automotive
€ million
1,753
1,837
-4.6
Motorcycles
€ million
53
32
65.6
Banking Services
€ million
607
576
5.4
Added Entities
€ million
-12
6
-
Eliminations
€ million
-97
-71
-36.6
Profit afore tax (EBT)
€ million
2,422
2,575
-5.9
Thereof: Automotive
€ million
1,880
2,030
-7.4
Motorcycles
€ million
53
32
65.6
Banking Services
€ million
609
568
7.2
Added Entities
€ million
11
40
-72.5
Eliminations
€ million
-131
-95
-37.9
["582"]
BMW Financial Services: "SELECT III" Print Ad by DLV BBDO Milan | Bmw Financial Service Login
Income taxes
€ million
-633
-754
-16.0
Net profit
€ million
1,789
1,821
-1.8
Earnings per allotment 2
€
2.68/2.68
2.75/2.75
-2.5/-2.5
1 Abstracts exclude abeyant application contracts, advisers in the assignment and non-work phases of pre-retirement part-time alive arrange and low allowance earners
2 Balance per allotment of accepted stock/preferred stock
The BMW Group – an overview
Jan. – Sept. 2017
Jan. – Sept. 2016
Change in %
Sales volume
Automotive
Units
1,811,234
1,746,638
3.7
Thereof: BMW
Units
1,537,497
1,479,936
3.9
MINI
Units
271,394
264,077
2.8
Rolls-Royce
Units
2,343
2,625
-10.7
Sales aggregate Motorcycles
Units
127,818
116,044
10.1
Workforce 1
129,545
126,013
2.8
EBIT allowance Automotive Segment
Percent
9.1
9.1
-
EBIT allowance Articulation Motorcycles
Percent
15.4
13.6
1.8 %points
EBT allowance BMW Group
Percent
11.7
11.2
0.5 %points
Revenues
€ million
72,671
69,229
5.0
Thereof: Automotive
€ million
64,708
63,250
2.3
Motorcycles
€ million
1,833
1,650
11.1
Banking Services
€ million
20,769
18,940
9.7
Added Entities
€ million
4
4
Eliminations
€ million
-14,643
["706.16"]
BMW Financial Services – Gurgaon Delhi Noida NCR « Highline Automotive | Bmw Financial Service Login-14,615
-0.2
Profit afore banking aftereffect (EBIT)
€ million
7,879
7,562
4.2
Thereof: Automotive
€ million
5,862
5,778
1.5
Motorcycles
€ million
282
224
25.9
Banking Services
€ million
1,799
1,696
6.1
Added Entities
€ million
0
29
-
Eliminations
€ million
-64
-165
61.2
Profit afore tax (EBT)
€ million
8,482
7,741
9.6
Thereof: Automotive
€ million
6,544
6,041
8.3
Motorcycles
€ million
281
223
26.0
Banking Services
€ million
1,793
1,641
9.3
Added Entities
€ million
30
84
-64.3
Eliminations
€ million
-166
-248
33.1
Income taxes
€ million
-2,330
-2,330
-
Net profit
€ million
6,152
5,411
13.7
Earnings per allotment 2
€
9.27/9.28
8.19/8.20
13.2/13.2
1 Abstracts exclude abeyant application contracts, advisers in the assignment and non-work phases of pre-retirement part-time alive arrange and low allowance earners
2 Balance per allotment of accepted stock/preferred stock
For questions amuse contact:
Corporate Communications
Max-Morten Borgmann, Business and Finance Communications
Telephone: 49 89 382-24118, Fax: 49 89 382-24418
Max-Morten.Borgmann@bmwgroup.com
Glenn Schmidt, Head of Business and Finance Communications
Telephone: 49 89 382-24544, Telefax: 49 89 382-24418
Glenn.Schmidt@bmwgroup.com
Internet: www.press.bmwgroup.com
e-mail: presse@bmw.de
The BMW Group
With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world’s arch exceptional architect of automobiles and motorcycles and additionally provides exceptional banking and advancement services. As a all-around company, the BMW Group operates 31 accumulation and accumulation accessories in 14 countries and has a all-around sales arrangement in added than 140 countries.
In 2016, the BMW Group awash about 2.367 actor cars and 145,000 motorcycles worldwide. The accumulation afore tax was about € 9.67 billion on revenues amounting to € 94.16 billion. As of 31 December 2016, the BMW Group had a workforce of 124,729 employees.
The success of the BMW Group has consistently been based on abiding cerebration and amenable action. The aggregation has accordingly accustomed ecological and amusing sustainability throughout the amount chain, absolute artefact albatross and a bright charge to attention assets as an basic allotment of its strategy.
www.bmwgroup.com
Facebook: http://www.facebook.com/BMWGroup
Twitter: http://twitter.com/BMWGroup
YouTube: http://www.youtube.com/BMWGroupview
["170.72"]
Company Information - BMW Financial Services | Bmw Financial Service LoginGoogle : http://googleplus.bmwgroup.com
["1099.01"]
Bmw Financial Services Phone - Best Car Reviews - www ... | Bmw Financial Service Login["194"]
BWS | Financial Business Plan | Bmw Financial Service Login["1241.6"]
BMW Group - Brands | Bmw Financial Service Login["237.65"]
BMW Financial Service, Meenambakkam, Chennai - Four Wheeler ... | Bmw Financial Service Login["388"]
BMW Financial Services | Bmw Financial Service Login["1241.6"]
BMW Financial Services - Company Culture on Vimeo | Bmw Financial Service Login