Press Release: The reopening of the Junior Campus at BMW Welt was celebrated with a function yesterday morning. Willi Weitzel, “guest educator” and moderator of the event, joined a class of elementary school children in exploring the redesigned Campus Portal … Continue reading

Full-year sales and earnings targets reaffirmed at AGM Company to expand leading position in the auto industry BMW Group to hire around 2,000 new staff in 2011 Employees to receive record profit share Press Release: The BMW Group can look … Continue reading

A report issued by Reuters mentions the fact that BMW Group announced their intentions to hire a significant number of people in 2011, higher than the initially planned figure. In an interview for German magazine Focus, Norbert Reithofer, BMW CEO, … Continue reading

The BMW Group is planning further expansion of its activities in China in the future. “BMW Group vehicles are very popular in China. We anticipate that this growth will continue in the future. Therefore, together with our Joint Venture partner … Continue reading

Profit before financial result rises to euro 1,902 million Profit before taxes up to euro 1,812 million Automobiles segment reports EBIT of euro 1,708 million EBIT margin of 11.9% for the Automotive segment BMW Group reaffirms targets for current year … Continue reading

€ 400 million investment in Megacity Vehicle production. BMW Group to create 800 jobs. Press Release: The mobility of the future is under construction in Leipzig. The BMW Group is expanding its plant in Leipzig to make it the first … Continue reading

AutoNews comes up with an interesting report on how BMW intends to increase brand loyalty across US through a finance program. BMW will deploy at national level a program targeting current BMW retail loan customers who have equity in their … Continue reading

Another day, and another insightful BMW-related report coming from Bloomberg: BMW is considering expanding the range of products offered in China, as well as introducing a leasing-vehicle business, in order to enhance its presence on the Chinese market, currently the … Continue reading

Bloomberg just came up with another interesting report about the BMW world. It seems that BMW AG, among other companies such as Nissan Motor Co., and AmeriCredit Corp, is selling asset-backed securities tied to U.S. consumer debt. An asset-backed security … Continue reading