BMW India: Facts & Figures


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Akash1886

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Re: BMW India: Facts & Figures Thread

BMW Group stepping up the pace.

Board of Management.jpg

21.03.2018

Munich. The BMW Group is stepping up the pace in its drive to shape tomorrow's mobility. Two years after the launch of Strategy NUMBER ONE > NEXT, the BMW Group intends to increase upfront expenditure on research and development to an all-time high in 2018, while at the same time remaining steadily on course for a ninth record-breaking year in succession through profitable, sustainable growth.

Our industry is currently experiencing a phase of unprecedented technological change. At the same time, however, it needs to cope with the challenge of present-day volatilities. At the BMW Group, we think in terms of opportunities and follow a clear strategy. Because the future of mobility is created today. We are stepping up the pace in 2018 and targeting our ninth successive record year,” stated Harald Krüger, Chairman of the Board of Management of BMW AG in Munich on Wednesday.

Despite major changes impacting the mobility sector, the one constant factor influencing the company’s strategic decisions is fulfilling the needs of its customers. “Their passion and excitement is at the core of our growth strategy,” emphasised Krüger. “That is why the BMW Group offers a unique range of products (from the BMW i3 to the Rolls-Royce Phantom) and services (from customised financing to intelligent mobility services), all of which contribute towards making our customers' lives easier. With this point in mind, we are on our way to becoming a customer-focused mobility and high-tech company.”

In 2018, the broadest product initiative ever undertaken by the BMW Group continues: With the market launch of the BMW X2 in March, the ramping up of the BMW X3 at three production sites and the new generation of the BMW X4, 2018 is sure to go down as the “Year of X” for the world’s largest manufacturer of premium vehicles. “We are bringing out completely new models and introducing a new design language for the whole product range. This is our recipe to ensure that the BMW brand regains pole position in the premium segment by 2020,” Krüger stated. “We gave the public a taste of these developments with the unveiling of the BMW Concept M8 Gran Coupé at the Geneva Motor Show and the series version will be presented in 2019.”

Strategic decisions will begin to bear fruit in 2018

Numerous strategic decisions, for which the BMW Group did the groundwork at an early stage in conjunction with its Strategy NUMBER ONE > NEXT, will begin to bear fruit in 2018. For instance, the acquisition of Parkmobile LLC was announced in January, making the BMW Group the leading provider of digital parking solutions. The acquisition of the car sharing joint venture DriveNow closed in March. These two transactions give the BMW Group control over a wide range of strategic options for enhancing its range of mobility services in a field set to make a crucial contribution to sustainable urban mobility going forward. The BMW Group is aiming to have 100 million active customers by 2025.

In February, the BMW Group and the Chinese manufacturer Great Wall signed a letter of intent to establish a joint venture for the local production of fully electric MINIvehicles in China. This step is a further clear commitment to the electrified future of the MINI brand and highlights the importance of the Chinese market for the BMW Group.

At the Geneva Motor Show in early March, the BMW Group announced that the BMW i Vision Dynamics, unveiled at the Frankfurt Motor Show in 2017, will be launched as the all-electric BMW i4 and manufactured at the Munich plant. Today, the BMW Group already manufactures electrified vehicles at ten production facilities. In 2019, Plant Oxford will join this list with the start of production of the fully-electric MINI. The BMW i4 is just one of the 25 electrified models that the BMW Group intends to bring to market by 2025. Half of these models will be fully electric. Powered by the fifth generation of battery and drivetrain technology, from 2021 the BMW Group will be capable of offering all-electric vehicles with a range of up to 700 kilometres and plug-in hybrids with an electrical range of up to 100 kilometres.

Upfront expenditure for tomorrow’s mobility at record level

Continuing progress in the field of electric mobility is a key reason behind the BMW Group's plan to allocate an increasing amount to research and development in the current year. After a spend of € 6,108 million in 2017, upfront expenditure for tomorrow’s mobility will increase significantly in the financial year 2018. Investment will rise by a further high three-digit million-euro amount year-on-year, primarily for the ongoing new model initiative as well as continued work on e-mobility and autonomous driving. In absolute terms, the amount could reach the 7 billion euro mark. The major scale of investment reflects the BMW Group’s determination to play a leading role in transforming the mobility sector with its future-oriented ACES programme: Automated, Connected,Electrified and Services.

Despite the cost of these wide-ranging activities, the BMW Group expects Group profit before tax to be at least in line with the record level reported for 2017. “We will need to remain steadfast in 2018 in order to achieve our target of reporting another year of record pre-tax earnings,” stated Nicolas Peter, Member of the Board of Management of BMW AG, Finance. “But we are an ambitious company, constantly striving to improve the efficiency of our business processes. We are reducing the complexity of our range of products and services, rigorously bringing it into line with the requirements of our customers. This provides us with the necessary resources for future investments. As ever, our strategy is driven by the desire to achieve long-term sustainable profitability.”

As part of its Strategy NUMBER ONE > NEXT, the BMW Group is systematically expanding into market segments with high rates of return in order to finance the similarly high levels of upfront expenditure necessary to drive tomorrow's mobility from a position of underlying strength. Accordingly, the Group continues to target an EBIT marginwithin a range of 8 to 10 per cent for its Automotive and Motorcycles segments. Deliveries to customers are expected to rise slightly in the financial year 2018, resulting in a corresponding slight increase in Automotive segment revenues. The Motorcycles segment expects to see solid growth in volume terms.

In 2017, the BMW Group delivered more than 100,000 electrified vehicles to customers for the first time in a single year, mainly driven by the performance of the all-electric BMW i3, sales of which have risen every year since its market launch in 2013. Last year, the BMW Group accounted for more newly registered electrified vehicles (all-electric + plug-in hybrid) than any other manufacturer in Europe, with a share of 21 percent. The BMW Group intends to grow sales of its electrified vehicles to at least 140,000 unitsglobally in 2018 and is targeting more than half a million units on the world’s roads by the end of 2019. “Our electric mobility strategy is having a positive impact: the broad range of electrified models we now offer enabled us to cut CO2 emissions across our EU fleet yet again in 2017,” CEO Harald Krüger pointed out.

This year, the BMW Group will also broaden its base for adding value worldwide. Further investments are planned in the key regions of China, the USA and Europe. Maintaining a strong local presence, particularly in the USA and China, is and remains an essential prerequisite for being part of future growth in these regions.

New sales volume, revenues and earnings records in 2017

Automotive sales volume increased by 4.1% to a new record level of 2,463,526 units in 2017 (2016: 2,367,603 units). With its three premium automotive brands, BMW, MINI and Rolls-Royce, the BMW Group asserted its position as the world’s leading manufacturer of premium vehicles. Deliveries of electrified vehicles jumped by 65.6% to 103,080 units, driven by the all-electric BMW i3 sales which have risen every year since the model’s market launch in 2013. The BMW Group intends to increase the sales volume of electrified vehicles to at least 140,000 units in 2018 and bring more than half a million electrified vehicles onto the roads by the end of 2019.

Group revenues rose to a new record level of € 98,678 million in 2017 (2016: € 94,163 million; +4.8%), with currency effects slightly restraining growth. Profit before financial result (EBIT) rose by 5.3% to € 9,880 million (2016: € 9,386 million). Group profit before tax (EBT) went up significantly year-on-year, partly helped by favourable valuation effects, and – thanks to a 10.2% rise to € 10,655 million (2016: € 9,665 million) – finished the year for the first time above the ten-billion-euro mark. As in the previous year, all three operating segments – Automotive, Motorcycles and Financial Services – reported record pre-tax earnings, each making a contribution to earnings growth in 2017. The pre-tax return on sales (EBT margin) for the Group improved to 10.8% (2016: 10.3%), ensuring that the BMW Group remains one of the automotive industry’s leaders when it comes to profitability.

Income tax expense amounted to € 1,949 million in the year under report (2016: € 2,755 million). The significantly lower tax expense in 2017 was mainly due to the reduction in the US federal corporate income tax rate from 35% to 21% with effect from 1 January 2018, which was taken into account in the measurement of deferred taxes at 31 December 2017. The revaluation gave rise to a positive impact of € 977 million on deferred taxes recognised through the income statement. Group net profit benefitted accordingly and rose to € 8,706 million (2016: € 6,910 million; +26.0%).

Free cash flow generated by the Automotive segment in 2017 again exceeded the target of € 3 billion despite an increase in the cash outflow from investing activities by € 1.1 billion. During the twelve-month period, free cash flow amounted to € 4,459 million (2016: € 5,792 million).

Dividend of € 4.00 per share of common stock proposed

A company is only as good as its workforce. With their exemplary dedication, our employees are the driving force behind our success story,” stated Krüger. “That is why, we pay our permanent staff in Germany the highest profit share in the sector.” At the Annual General Meeting on 17 May 2018, the Board of Management and the Supervisory Board will propose to shareholders that the dividend be increased to a new high of € 4.00 (2016: € 3.50) per share of common stock and € 4.02 (2016: € 3.52) per share of preferred stock. The distribution rate of 30.2% (2016: 33.3%) will be within the BMW Group's target range of between 30 and 40%. “The proposal to raise the dividend by a significant amount is a clear sign of the BMW Group’s confidence that it is ideally placed to perform well in the future on a sustainable basis,” said Krüger.

Consistently high profitability in Automotive segment

Automotive segment revenues grew by 2.5% to € 88,581 million (2016: € 86,424 million) on the back of positive sales volume figures. EBIT improved slightly by 2.2% to € 7,863 million (2016: € 7,695 million). The EBIT margin came in at 8.9%, unchanged from the previous year, thus finishing within the target range of between 8 and 10% or higher for the eighth financial year in a row since 2010. Segment profit before taxincreased by 9.8% to set a new record of € 8,691 million (2016: € 7,916 million).

In 2017, the Group again delivered over two million BMW brand vehicles to customers. Sales volume rose by 4.2% to 2,088,283 units year-on-year (2016: 2,003,359 units). The BMW X family remained a significant growth driver, with 9.6% more vehicles delivered to customers – an excellent performance considering the BMW X3 model change has been in progress since the second half of the year. Following the completion of the BMW 5 Series Sedan model change, December sales of the world’s leading premium business sedan were more than 55% up on the previous year, while sales volume for the year as a whole grew by 6.3% to 291,856 units. Other models contributing to growth in 2017 included the BMW 1 Series (201,968 units; +14.7%) and the brand’s flagship BMW 7 Series (64,311 units; +4.5%).

The MINI brand set a new sales volume record in 2017 with 371,881 deliveries worldwide and 3.2% year-on-year growth. Sales of the new MINI Countryman jumped by 30.0% (84,441 units). The MINI Convertible also made an important contribution to the brand's successful performance, recording sales volume growth of 12.0% (33,317 units).

Rolls-Royce Motor Cars delivered 3,362 units (-16.2%) to customers in almost 50 countries around the globe. The figure was achieved despite volatility in key Middle East markets and the Phantom being unavailable throughout the year due to model change. The new Phantom was unveiled to the acclaim of an international public in London in July and has already received a large number of pre-orders. First customer deliveries commenced at the beginning of this year.

The BMW Group remains committed to its strategy of achieving a balanced distribution of sales worldwide.

The BMW Group again recorded high growth in Asia, where a total of 848,826 BMW, MINI and Rolls-Royce brand vehicles were sold, representing double-digit growth of 13.6% (2016: 747,291 units). The Chinese market made a key contribution to this performance with 595,020 units delivered to customers (2016: 516,785 units; +15.1%).

In Europe, the BMW Group sold a total of 1,101,760 units across its three brands, thus remaining at the previous year’s high level (2016: 1,092,155 units; +0.9%). The sales volume figure of 241,674 units for Great Britain was down on the previous year (2016: 252,205 units; -4.2%). Deliveries to customers in France increased to 89,957 units (2016: 84,305 / +6.7%). The sales volume also increased in Italy with 86,663 deliveries (2016: 83,765 / +3.5%).

The Americas region saw a slight decrease in the number of deliveries over the year as a whole (451,136 units; -2.0%), with the limited availability of BMW X models having an impact on volumes. In a highly competitive market environment, deliveries in the USA dipped slightly to 353,819 units (2016: 366,493 units; -3.5%). In the fourth quarter of 2017, however, a turnaround was perceptible in both the USA (98,137 units; 2016: 96,609 units; +1.6%) and in the Americas as a whole (124,547 units; 2016: 122,393 units; +1.8%).

Motorcycles segment deliveries surpass 150,000 units for the first time

2017 was also a record-breaking year for the Motorcycles segment. Motorcycle and maxi-scooter deliveries rose by 13.2% to 164,153 units (2016: 145,032 units), making it the seventh consecutive record-breaking year and the first in which more than 150,000 units were sold. Segment revenues also rose significantly to € 2,283 million (2016: € 2,069 million; +10.3%). Similarly, EBIT improved to € 207 million (2016: € 187 million; +10.7%). As in the Automotive segment, the BMW Group is also targeting an EBIT margin within a range of 8 to 10% in the Motorcycles segment. In the financial year 2017, the margin came in at 9.1% (2016: 9.0%). Profit before tax increased by 10.8% to € 205 million (2016: € 185 million).

Financial Services segment continues to break records

The Financial Services segment also continued to perform well in 2017. The number of new contracts concluded with retail customers rose slightly to 1,828,604 contracts (2016: 1,811,157 contracts; +1.0%) during the twelve-month period. At 31 December 2017, the contract portfolio comprised 5,380,785 contracts, thus growing by 5.2% year-on-year (2016: 5,114,906 contracts). Segment revenues were 7.3% higher at € 27,567 million (2016: € 25,681 million). Profit before tax increased slightly to € 2,207 million (2016: € 2,166 million; +1.9%).

Increase in workforce and number of apprentices

The size of the workforce grew by 4.2% in 2017. At 31 December, the BMW Group employed 129,932 people worldwide (2016: 124,729 employees). Projects relating to vehicle electrification and autonomous driving, as well as the continued expansion of the international production network, played a major role in the additional recruitment. Growth in automotive and motorcycle business on the one hand and the expansion of financial and mobility services on the other also contributed to the rise. The BMW Group continues to place great emphasis on its trainee programme and has again invested some € 350 million in basic and further training. Overall, more than 4,750 young people worldwide were employed in vocational training and training programmes for young talent at 31 December 2017.

Supervisory Board

At the Annual General Meeting to be held on 17 May 2018, the Supervisory Board will propose that Prof. Dr. Reinhard Hüttl, Chairman of the Executive Board of Helmholtz-Centre Potsdam – GFZ German Research Centre for Geosciences, Dr. Karl-Ludwig Kley, Chairman of the Supervisory Board of E.ON SE and Deutsche Lufthansa AG and Prof. Dr. Renate Köcher, Director of Institut für Demoskopie Allensbach Gesellschaft zum Studium der öffentlichen Meinung mbH, be re-elected to the BMW AG Supervisory Board.

Furthermore, the Supervisory Board will propose to the shareholders that Dr. Kurt Bock, Chairman of the Board of Executive Directors of BASF SE, be elected to the Supervisory Board of BMW AG. In agreement with the Supervisory Board, Dr. h.c. Robert Lane will resign effective the end of the Annual General Meeting. The Supervisory Board would like to thank Dr. h.c. Lane for several years of invaluable and trusted cooperation.
BMW_Group_PR_AAPC_2018-page-011.jpg

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Akash
 
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Re: BMW India: Facts & Figures Thread

BMW Group India celebrates the 11th anniversary of Plant Chennai.

SKILL NEXT», a technical skilling initiative launched.


Sachin Tendulkar and Students of Anna University at launch of SKILL NEXT.jpeg

Sachin Tendulkar at the launch of SKILL NEXT.jpeg

View attachment 05 Sachin Tendulkar with Anna University Students at BMW Group Plant Chennai.jpeg
Sachin Tendulkar with Anna University students at BMW Group Plant Chennai at the launch of SKILL NEXT>>, a technical skilling initiative

View attachment 02 Mr. Sachin Tendulkar with BMW Engine & Transmission at the launch of SKILL NEXT.jpeg
Mr. Sachin Tendulkar with BMW Engine and Transmission at the launch of SKILL NEXT>>​

365 BMW Engines and Transmissions to be provided to leading engineering and technical institutes across every state and union territory in India.

Engines and Transmissions to be delivered to campuses by 2018 end.

40 Aftersales Master Technicians to conduct ‘Train the Trainer’ workshops at BMW dealerships in more than 20 cities.

State-of-the-art BMW TwinPower Turbo In-Line 4-Cylinder Diesel Engine and Eight-Speed Steptronic Automatic Transmission serve as a catalyst for enhancing technical talent.

Chennai. BMW Group Plant Chennai celebrated its 11th anniversary today at a memorable event. Legendary cricketer Sachin Tendulkar and students from the College of Engineering of Anna University, launched ‘SKILL NEXT»’, a technical skilling initiative. Together, they assembled a BMW engine and transmission at the main assembly line of BMW Group Plant Chennai to commemorate the beginning of the project.

Aiming to act as a major catalyst in developing automotive talent in the country, ‘SKILL NEXT»’ will reach educational institutes and students in every state and union territory in India. Through the initiative, 365 BMW engine and transmission units will be provided for learning purposes to engineering and technical institutes at no cost. ‘SKILL NEXT»’ will present an opportunity for engineering and technical students to get hands-on training on advanced technologies of BMW engine and transmission. BMW Group India will also deliver the engine and transmission units to campuses of engineering colleges / Industrial Training Institutes / polytechnics at no cost by end of 2018.

The handover of demonstration units will be done on a first-come-first-serve basis after due undertakings are submitted by the institutes. The undertakings will ensure that the engine and transmission units are used inside the laboratories on campuses of the institutes for learning purposes only.

Mr. Vikram Pawah, President, BMW Group India said, “The luxury automotive segment in India has witnessed tremendous growth in the last decade and with the growing number of cars on road, there is a high requirement of good technical talent in the industry. ‘SKILL NEXT»’, will strongly promote the development of technical competencies in students across the country by enhancing their practical knowledge of advanced automotive technology. This initiative will also contribute in increasing the availability of skilled technical staff required at automotive dealerships in India.”

The state-of-the-art engineering unit, including the BMW TwinPower Turbo in-line 4-cylinder diesel engine and the BMW eight-speed steptronic automatic transmission, will serve as a valuable learning tool for students. Since 2007, this engine has proved its mark in India by powering close to 50,000 units delivered to customers.

The engine presently powers six cars locally-produced at BMW Group Plant Chennai – BMW 3 Series (320d), BMW 3 Series Gran Turismo (320d GT), BMW 5 Series (520d), BMW X1 (xDrive 20d), BMW X3 (xDrive 20d) and the upcoming MINI Countryman Cooper D. The BMW eight-speed steptronic automatic transmission is presently featured in five cars locally-produced at BMW Group Plant Chennai – BMW 3 Series, BMW 3 Series Gran Turismo, BMW 5 Series, BMW X1 and BMW X3.

Post-handover, a ‘Train the Trainer’ module will be devised for institutes where 40 Aftersales Master Technicians will conduct extensive workshops at BMW dealerships in more than 20 cities. The module has been devised by professional trainers from BMW Group India Training Centre and BMW Group Plant Chennai. The workshops will be a combination of classroom sessions and hands-on practical sessions using detailed training materials.

Dr. Jochen Stallkamp, Managing Director, BMW Group Plant Chennai said, “For BMW Group Plant Chennai, skilled workforce is the foundation to make finest cars of outstanding quality. The know-how of advanced technology and the confidence to work with state-of-the-art machinery and complex processes is a great asset in engineering field. ‘SKILL NEXT»’ initiative will facilitate development of talent in the future generation of engineers. These skills will open up new doors for a workforce that wants to make a successful career in automotive industry in India.”

During extreme rain and weather conditions in Chennai in the past, a considerable number of engine and transmissions were water affected. As per BMW quality standards, these parts could not be used in the vehicles. The parts were insured and Bharti AXA General Insurance honored the claims. BMW India proposed providing the engines and transmissions to educational institutes at no cost as they could be used as a learning resource to impart theoretical and practical knowledge to students. Bharti AXA General Insurance played a vital role by giving special approval to allow realisation of the project.

Mr. Sanjeev Srinivasan, Chief Executive Officer and Managing Director, Bharti AXA General Insurance said, “When BMW Group India approached us with the innovative idea of ‘SKILL NEXT»’, we were excited to be part of it. We at Bharti AXA General Insurance are always willing to explore ways that allow us to contribute towards the betterment of the society we live in. The contribution of engine and transmission units for educational purposes was a marvelous opportunity to do so. Vehicle insurance premiums amount to nearly 45% of Gross Written Premium (GWP) recorded by the General Insurance industry and is considered to be a growth generator for the category. We strongly believe that as leading players in our arenas, we have both the responsibility and the means to bring about change for good and upskill our future leaders to deliver efficiently. It is a pleasure to initiate this rare opportunity that can make a meaningful difference to the society.”

The students from College of Engineering, Anna University and Mr. Sachin Tendulkar assembled the BMW TwinPower Turbo in-line 4-cylinder diesel engine with the eight-speed steptronic automatic transmission for a BMW X3 being locally-produced at the main assembly line of BMW Group Plant Chennai.

Dr. T V Geetha, Dean – College of Engineering, Anna University, who was present at the event said, “In engineering, clarity of concepts is fundamental for creation and innovation. In a fast moving world where technology is constantly progressing, experiential learning plays a very important role. Reading about refined technology in books and getting a chance to experience it first-hand are completely different. With ‘SKILL NEXT»’, students will be able to use the BMW engine and transmission units to observe, practice, absorb knowledge and use it effectively in actual scenarios. This initiative will go a long way in motivating students and making them passionate about real and practical engineering aspects.”

Speaking on the occasion, Mr. Sachin Tendulkar said, “I strongly feel that initiatives like SKILL NEXT» will promote development of automotive engineering skills in our country. It is an opportunity for technical students in every state and union territory to get directly trained on BMW engine and transmission. I could have never played cricket by just reading about it, I had to be hands-on with the game. Similarly, SKILL NEXT» will make it easier for the students to understand automotive technology through first-hand experience.
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Akash
 
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Re: BMW India: Facts & Figures Thread

Complete Peace of Mind. For All Seasons. For All Roads: Comprehensive BMW Service Campaigns guarantee uninterrupted JOY.

View attachment Mr. Vikram Pawah with the all-new BMW M5.jpeg

Complimentary Pre-monsoon Check-up, End of Warranty and Service Appreciation campaigns ensure maximum readiness at any time.

Premium aftersales services across BMW India dealer network.

Gurgaon. BMW India has announced the roll-out of comprehensive service campaigns for its customers across the entire dealer network in the country. BMW customers can now avail complimentary benefits of ‘Pre-Monsoon check-up’, ‘End of Warranty’ and ‘Service Appreciation’ campaigns and get ready to take their BMW wherever they want, whenever they want.

Mr. Vikram Pawah, President, BMW Group India said, “Sheer Driving Pleasure is guaranteed when you own a BMW. It is a rewarding experience throughout the vehicle’s lifecycle. We are committed towards providing our customers with services that deliver best-in-class care for their BMW vehicle along with an uncompromising driving experience. Our periodic complimentary service campaigns such as ‘Pre-Monsoon Check-up’, ‘End of Warranty’ and ‘Service Appreciation’ are designed to ensure total readiness of customer’s cars at all times. With trained technicians, specialised workshop technologies and original BMW Parts, they can count on one thing, absolute peace of mind.”

BMW India is the pioneer in bringing luxurious dealerships to India. BMW India has set a decisive course by setting up BMW dealerships of international standards across the country that have very high standards in service quality and customer care. BMW Service is executed by specialists with many years of expertise, ensuring that customer’s cars are always in good hands.

BMW aftersales service teams ensure every BMW driver receives the premium service they deserve through a number of technical services, warranties, parts logistics, accessories and lifestyle offerings as well as expert customer support throughout the entire lifecycle of their relationships.

The Pre-Monsoon Check-up is designed to keep BMW vehicles in top condition and ready especially for the monsoon season. End of Warranty campaign is targeted at customers whose cars are in their 19 to 23 months of ownership and pro-actively helps in identification of even the smallest of warrantable issues and helps in getting them fixed before the cover expires. The Service Appreciation campaign includes a comprehensive and thorough inspection of the exterior, interior, technical and safety related features and technicals along with a complimentary exterior wash.
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Akash
 
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Re: BMW India: Facts & Figures Thread

BMW Group India sets another record with best ever half-yearly sales.

The first-ever BMW 6 Series Gran Turismo.jpg

AK-1-AO-IN BMW Group India Sales 2018 AD040718 1700-page-001.jpg

AK-1-AO-IN BMW Group India Sales 2018 AD040718 1700-page-002.jpg

AK-1-AO-IN BMW Group India Sales 2018 AD040718 1700-page-003.jpg

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Re: BMW India: Facts & Figures Thread

BMW India extends special service support for flood-affected customers in Mumbai.

The BMW 5 Series.jpg

Team size of technicians and service advisors increased to expedite repairs and deliveries of affected vehicles.

Complimentary Road Side Assistance into action to assist towing.

On-site insurance support and surveyors for faster implementation of insurance claims.

Additional inventory of BMW Original Spare Parts for faster turnaround.

Prompt and prioritized technical support from nearest dealer network.

Gurgaon. BMW India has announced special aftersales support for flood-affected BMW customers in Mumbai area. A special task force of certified technicians and service advisors has been deployed at various service points for a wide variety of comprehensive checks to bring vehicles back on roads. BMW India has also prioritized ordering of all spare parts for Mumbai dealership workshops to support flood-affected vehicles while off-the-shelf arrangements are also being made for parts supply over the counter as needed.

Mr. Vikram Pawah, President, BMW Group India said, “The torrential rainfall in Mumbai and surrounding areas recently is alarming due to flooding of low lying areas in the city. We stand with our customers in meeting any challenges they might have to face due to inclement weather conditions. BMW India has taken special steps to ensure that its customers receive prompt response to their service and insurance requirements. A special task force is monitoring the situation on a real-time basis and we are closely coordinating with our dealer partners to ensure a hassle-free service experience for our customers.”

Additionally, a complimentary Road Side Assistance has been put in action to assist with towing operations in the city for BMW vehicles affected due to flooding. The lead-time for various service repairs has also been reduced with additional technical resources, service consultants and dedicated CRM staff for keeping the customers informed on the repair status.

In regards to the insurance process, both BMW Authorized dealers and BMW India have arranged daily visits of surveyors of both BMW partnered and non-BMW collaborated insurance companies. This will provide ground support for faster assessment and processing of insurance formalities.

BMW India urges its customers to be cautious while driving during heavy rains and around waterlogged areas. Customers are advised not to attempt to re-start the engine of a stalled vehicle to avoid damages to engine. Affected customers can call BMW Roadside Assistance at 18001032211 for assistance.
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Akash
 
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Re: BMW India: Facts & Figures Thread

Ride On and On and On: ‘Three Years, Unlimited Kilometres’ warranty now offered as standard across the entire range of BMW Motorrad motorcycles.

Premium promise of premium products: Optional Extended Warranty available for fourth and fifth year.

BMW S 1000 R and BMW S 1000 RR-min.jpg

Delhi NCR. BMW Motorrad India has now introduced a standard warranty of ‘three years, unlimited kilometers’ across its complete range of motorcycles (except HP4 Race). With this, BMW Motorrad has become the first brand in the premium segment to offer such an attractive proposition to the customers.

The ‘three years, unlimited kilometers’ standard warranty is being offered directly by BMW Motorrad and is valid throughout the world. The standard warranty is included in the ex-showroom price of the motorcycles and customers would now be able to enjoy the warranty benefits for three years, regardless of the number of kilometers their BMW Motorrad motorcycle clocks.

For complete peace of mind and to ensure that the journey of pure motorcycling continues uninterrupted at all times, customers also have an option to extend warranty to fourth and fifth year. This extended warranty is as comprehensive as the ‘three years, unlimited kilometers’ standard warranty, meaning that there are no exclusions in the fourth or fifth year.

Existing customers who have purchased a BMW Motorrad bike from an authorised dealer between 1 April 2017 and 17 July 2018 also have the option to convert their existing warranty to ‘three years, unlimited kilometers’ standard warranty package at an attractive price. The option to avail the fourth and fifth year extended warranty is also open to them.

The standard warranty offered by BMW Motorrad protects customers against any surprises related to service costs which include drivetrain, electricals and other integral components of the bike.
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Re: BMW India: Facts & Figures Thread

Mr. Vikram Pawah appointed as CEO of BMW Group in Australia.

Mr. Vikram Pawah to continue steering Indian operations as Chairman of BMW Group India.

Mr. Vikram Pawah.jpeg

Gurgaon. Mr. Vikram Pawah (47) has been appointed as the Chief Executive Officer of BMW Group Australia and New Zealand effective 1 August 2018. He has additionally been promoted as the Chairman of BMW Group India and will remain committed to the Indian market in his expanded role.

Mr. Hans-Christian Baertels (56), currently Director, Finance and Administration at BMW Group India will take over responsibility as the acting President.

Ms. Hildegard Wortmann, Senior Vice President, Asia Pacific, BMW Group, announced the appointments today.

Ms. Wortmann said “Mr. Pawah brings excellent preconditions to lead BMW Group operations in India and Australia. Under his leadership, BMW Group India has successfully stood ground in a fiercely competitive environment and gained significant momentum in the Indian luxury car market”.

Mr. Pawah joined BMW Group India in January 2017 and has more than twenty five years of automotive experience. In the past, he has held multiple leadership positions at Honda Cars in Australia and India, and Harley-Davidson India.
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Re: BMW India: Facts & Figures Thread

BMW India extends special service support for flood-affected customers in Kerala.​

Team size of technicians and service advisors increased to expedite repairs and deliveries of affected vehicles.

Complimentary Road Side Assistance into action to assist towing.

On-site insurance support and surveyors for faster implementation of insurance claims.

Additional inventory of BMW Original Spare Parts for faster turnaround.

Prompt and prioritized technical support from nearest dealer network.

Gurgaon. BMW India has announced special aftersales support for flood-affected BMW customers in Kerala. A special task force of certified technicians and service advisors has been deployed at various service points for a wide variety of comprehensive checks to bring vehicles back on roads. BMW India has also prioritized ordering of all spare parts for Kerala dealership workshops to support flood-affected vehicles while off-the-shelf arrangements are also being made for parts supply over the counter as needed.

Mr. Vikram Pawah, Chairman, BMW Group India said, “Continuous heavy rainfall in Kerala region and flooding of low lying areas across the state is a cause of great concern. We stand with our customers in meeting any challenges they might have to face due to inclement weather conditions. BMW India has taken special measures to ensure that its customers receive prompt response to their service and insurance requirements. A special task force is monitoring the situation on a real-time basis and we are closely coordinating with our dealer partners to ensure a hassle-free service experience.”

Additionally, a complimentary Road Side Assistance has been put in action to assist with towing operations in the city for BMW vehicles affected due to flooding. The lead-time for various service repairs has also been reduced with additional technical resources, service consultants and dedicated CRM staff for keeping the customers informed on the repair status.

In regards to the insurance process, both BMW Authorized dealers and BMW India have arranged daily visits of surveyors of both BMW partnered and non-BMW collaborated insurance companies. This will provide ground support for faster assessment and processing of insurance formalities.

BMW India urges its customers to be cautious while driving during heavy rains and around waterlogged areas. Customers are advised not to attempt to re-start the engine of a stalled vehicle to avoid damages to engine. Affected customers can call BMW Roadside Assistance at 18001032211 for assistance.
Regards

Akash
 
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Akash1886

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Re: BMW India: Facts & Figures Thread

Fly away with Joy: Avis India welcomes 135 BMWs in its exclusive Emirates fleet.

First Class and Business Class passengers to enjoy the finest luxury in the BMW 5 Series, the BMW 7 Series and the BMW X5.

01 Image (L-R) Mr. Rene Gerhard, Director, Sales, BMW India with Mr. Sun....jpg

Gurugram. Avis India, the leading car rental and leasing service provider in the country, has inducted 135 BMW cars in its airport fleet for exclusive use by Emirates customers.

This is the largest single order for BMW India including 125 BMW 5 Series, five BMW 7 Series and five BMW X5 cars, all best-in-class products in terms of technology, driving dynamics, quality and comfort. The luxurious BMW cars will be deployed to offer airport transfer services to First Class and Business Class passengers of Emirates flying in and out of India.

Mr. Rene Gerhard, Director Sales, BMW Group India handed over the cars to Mr. Sunil Gupta, MD and CEO, Avis India at a special ceremony in Delhi NCR.

Mr. Sunil Gupta, MD and CEO, Avis India said, “As a leader in the car rental space, Avis India has created a differentiated position for itself by providing best-in-class services to its discerning customers. The comfort and convenience of our passengers is our top-most priority. We are delighted to welcome this significantly sized BMW fleet in our operations for Emirates. Travelling in the luxury and ambience of a BMW will ensure that the first-class experience continues uninterrupted between the flight and their doorstep.”

Mr. Vikram Pawah, Chairman – BMW Group India said, “BMW cars offer the best of luxury and performance. Wherever the journey takes you, a BMW is always the perfect companion. We are delighted to offer BMW vehicles to Avis India that will be utilized for privileged passengers of Emirates. As a premium brand, we understand how important it is to provide a seamless experience to each customer from the start right till the end. We have a long-standing relationship with Avis India and look forward to strengthening it in the future by extending the BMW experience to many more customers.”

Mr. Rene Gerhard, Director Sales, BMW India said, “The BMW Group is synonymous with automotive par excellence and is committed to offer outstanding premium mobility solutions for its discerning customers. Our partnership with Avis India is yet another step to bring JOY to our exclusive clientele. With the fascinating fleet of BMW sedans and Sports Activity Vehicles (SAV's), elite Emirates customers will now be able to experience the ‘Sheer Driving Pleasure’ in its greatest form.”

BMW India will also conduct Chauffeur Training for more than 350 Emirates chauffeurs across five cities (Delhi NCR, Mumbai, Bangalore, Chennai and Hyderabad) where Emirates airline offers complimentary Chauffeur Drive Airport Transfer services to its First Class and Business Class passengers. As part of this session, chauffeurs will undergo comprehensive training sessions on drivability, safety and after-sales service of BMW vehicles.

A BMW commands superior presence on the road and stands out from the crowd thanks to modern aesthetics and design. The indulgent interiors of BMW vehicles make every journey a delight. The clearly structured cockpit, generous feeling of spaciousness and convenient ergonomics create an environment that befits first-class travel. The BMW 7 Series and the BMW 5 Series feature game-changing technologies such as Gesture Control, Remote Control Parking, BMW Display Key, BMW Touch Command System, Wireless Charging, Ambient Lighting and Sky Lounge. Overwhelming driving comfort is a result of the innovative 2-Axle Air Suspension. Rear seat entertainment options keep the passengers thoroughly entertained.

Avis India, India's leading car rental, car leasing and fleet management service provider, is a joint venture between Avis Budget Group, Inc. and The Oberoi Group. Avis India has a fleet of more than 6500 premium cars across the country, with a network extending across 50 conveniently-located stations in 19 cities. With services like Rent-A-Car (Chauffeur Drive and Self Drive), Operating Lease and Fleet Management, Avis India is able to provide short term and long term mobility solutions to both retail and corporate customers.
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Akash
 
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BMW 8 Series Convertible Unveiled, Launch in March 2019


The car notably has a front apron with extra-large air intakes, distinctive side skirt and rear apron design, plus multifunction seats and an M leather steering wheel. Options include a Bowers & Wilkins Diamond Surround audio system, a heat comfort package, active seat ventilation, and Laserlight headlights with a high beam range increased to 600 meters

The 8 Series convertible will launch in two versions: BMW M850i xDrive Convertible (petrol, 530 horsepower) and 840d xDrive Convertible (diesel, 320 horsepower)

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Akash1886

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BMW Group as partner of the fourth edition of Kochi-Muziris Biennale 2018.

BMW Art Talk about “Art in Difficult Times”.
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(L-R) BMW Art Talk – Art in Difficult Times panelist Dr. Thomas Girst, Head of BMW Group Cultural Engagement, Ms.Anita Dube,Curator, Kochi-Muziris Biennale, Ms.Sue Willaimson, Artist, Kochi-Muziris Biennale and Dr. Venu V, IAS, Former Principal Secretary,Kerala Government and CEO of 'Rebuild Kerala' Committee


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(L-R) BMW Art Talk – Art in Difficult Times panelist Dr. Thomas Girst, Head of BMW Group Cultural Engagement, Ms.Anita Dube,Curator, Kochi-Muziris Biennale, Ms.Sue Willaimson, Artist, Kochi-Muziris Biennale and Dr. Venu V, IAS, Former Principal Secretary,Kerala Government and CEO of 'Rebuild Kerala' Committee and Dr. Hans Christian Baertels, President (Act.), BMW Group India.


Munich/Kochi.
The BMW Group is partner of Kochi-Muziris Biennale (KMB) since its first edition in 2012. This year’s edition of KMB will take place from December 12, 2018, to March 29, 2019, in 10 venues spread across Fort Kochi. Maintaining its unique character of being led by artist-curators, the KMB brings international artists to India and creates a global platform for Indian artists. KMB 2018 is curated by renowned contemporary artist Anita Dube.

Bose Krishnamachari, President, Kochi Biennale Foundation: “Kochi Biennale Foundation is delighted to open the fourth edition of Kochi-Muziris Biennale to the public. 2018 promises to be one of the most exciting and innovative years yet for us, with the dynamic range of programs, the fantastic artists and collectives from all over the world, as well as Anita Dube’s new additions to the Biennale model. Of course, the Biennale would not be possible without generous and foundational support from our patrons. Our fruitful partnership with BMW Group has not only provided crucial infrastructure to expand and develop the reach of contemporary art, but also consistently enriched our programming by facilitating conversations between dynamic voices in the national and global art and culture community.”

BMW Art Talk “Art in Difficult Times”To celebrate the fourth edition of Kochi-Muziris Biennale, BMW Group held the BMW Art Talk in the morning of December 13 at 9 AM at Brunton Boatyard. Anita Dube, Curator Kochi-Muziris Biennale 2018, Sue Williamson, artist, Dr V Venu, IAS, Former Principal Secretary, Kerala Government and CEO of "Rebuild Kerala" Committee were in conversation with Dr Thomas Girst, Head of BMW Group Cultural Engagement, on the topic of “Art in Difficult Times”.

Kochi-Muziris BiennaleThe Kochi-Muziris Biennale is an art exhibition and festival that is the largest of its kind in South Asia. Founded and curated by two of India’s leading artists, Bose Krishnamachari and Anita Dube, it is a project in appreciation of, and an education about, artistic expression and its relationship with society.

The Kochi-Muziris Biennale intends to create not only a platform for contemporary art in India but also to provide a platform for social change. In addition, the Kochi Biennale Foundation sees it as its mission to function as a catalyst for subjects such as sustainability and urban development.

For further information about the Kochi-Muziris Biennale, please visit: Kochi-Muziris Biennale 2018

Anita Dube, Curator of Kochi-Muziris Biennale 2018Born in Lucknow in 1958, Anita Dube completed her BA (History) from Delhi University in 1979 and her MVA (Art Criticism) from the Faculty of Fine Arts, Maharaja Sayajirao University, Baroda in 1982. As a member of Radical Painters and Sculptors Association, she wrote the manifesto of the seminal exhibition “Questions and Dialogue” in 1987, and has since been producing critical, politically-driven artwork across media. Dube is the co-founder and board member of KHOJ International Artists’ Association, and has contributed texts to many publications on contemporary art.

BMW Group India Since its inception, BMW Group India has participated in leading cultural engagements across the country. In 2007, two BMW Art Cars embellished by world renowned artists Andy Warhol (BMW M1, 1979) and Roy Lichtenstein (BMW 320i, 1977) were presented at the Jehangir Art Gallery in Mumbai. In 2012-13, the innovative BMW Guggenheim Lab came to India. Based at Dr. Bhau Daji Lad Museum and conducted at six different sites in Mumbai, the lab organized six weeks of free program with diverse audience and communities addressing the challenges and conditions of the urban city. BMW partners with Kochi-Muziris Biennale as well as with India Art Fair taking place in New Delhi.

BMW Art Journey – Astha Butail Launched in 2015, the BMW Art Journey is a collaboration between Art Basel and BMW, created to recognize and support emerging artists worldwide. This unique award is open to artists who are exhibiting in the Discoveries sector during Art Basel in Hong Kong. A judging panel comprised of internationally renowned experts meets first to select a shortlist of three artists from the sector, who are then invited to submit proposals for a journey aimed to further develop their ideas and artistic work. The jury reconvenes to choose a winner from the three proposals.

Last year’s winner and Indian based artist Astha Butail travelled for her project “In the Absence of Writing” through three oral tradition set ups – Zoroastrian Avesta, Jewish Oral Torah and Indian Veda traditions – from Yazd (Iran) and Jerusalem (Israel) over London (UK) to Varanasi, Pune, New Delhi and Mumbai (India). Discovering memories and living traditions that are passed down through teaching and oral poetry, Butail’s project is, in her words “an homage to the intangible oral traditions that are still alive today.” The journey connected the artist to the sacred languages of the three cultures she was dwelling upon; Sanskrit, Pharsi and Hebrew. Her endeavor was to find the similarities within the differences. While traveling, Butail carried a mobile tent with her, a new form for each destination, and used it to make video works along with the books from her old project, a story within a story. For further information about the BMW Art Journey, please visit: BMW Art Journey
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Akash

 
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Straight Eight: BMW Motorrad achieves eighth all-time sales high in succession in 2018.​


Worldwide deliveries increase by 0.9% to 165,566 vehicles. BMW Motorrad continues on its path of growth. Focus on new markets and new segments and continue with model initiative.

‘Made in India’ G 310 R and G 310 GS among the top five models worldwide.


Significant growth in India.
BMW Motorrad sold more motorcycles and maxi scooters in 2018 than ever before. Compared to the strong previous year, deliveries increased by a further 0.9%. As of December 2018 a total of 165,566 vehicles (previous year 164,153 units) were delivered to customers.

Dr. Markus Schramm, Head of BMW Motorrad: “2018 was another very successful year for BMW Motorrad. We achieved a sales record for the eighth time in succession. I would like to thank our customers most sincerely for the great trust they have placed in us again in 2018.”

With this next sales record, BMW Motorrad takes another great step towards reaching its planned sales target of 200,000 units in the year 2020.

Schramm says: “The 2018 sales figure shows that our motorcycle growth strategy is taking effect. This success was achieved due to the market launch of six new models as well as the powerful BMW Motorrad product portfolio. And we still have a great deal planned for the coming years. Our ongoing model initiative in the premium segment continues. We will expand our product range with emotional and innovative new products in 2019, too. We will also be increasing our involvement in motorsport significantly. In the 2019 season, the new BMW Motorrad WorldSBK Team will lining up at the start with the BMW S 1000 RR at the FIM World Superbike Championship (WorldSBK).

Strong sales in Europe and the USA.

The good performances on the big European markets and in the US were a major cornerstone for these successful sales figures. The most important markets France (16,615 units), Italy (14,110 units), Spain (11,124 units) and the UK / IE (9,224 units) as well as the USA (13,842 units) once again recorded high-level sales figures. With 23,824 units, Germany is the largest individual market for BMW Motorrad yet again and the company defends its position as the most successful motorcycle manufacturer on the German market, too.

Significant growth in China, Brazil and India.

BMW Motorrad is continuing to expand in China and Brazil, too. With 7,561 BMW motorcycles and scooters sold and a growth rate of over 35%, China together with Brazil (7,361 units / + 11%) are among the markets with the strongest growth.

In India, with 2,187 units sold in 2018, the BMW Group’s own sales subsidiary has successfully established the sales of BMW motorcycles on the market following the start of business in 2017.

GS models are unstoppable.

For the first time in BMW Motorrad’s history, more than 51,000 units of the R 1200/1250 GS and GS Adventure travel enduros alone were sold. With a total of around 84,500 units, the traditionally strong R Series once again confirmed its leading position in the overall range. The R nineT model variants played a significant role here in 2018. The sports-oriented BMW S Series with the S 1000 RR Supersports Bike, the S 1000 R Power Roadster and the S 1000 XR Adventure Bike were sold 18,773 times worldwide. This shows that these three models continue to be an important pillar in the wide BMW Motorrad range.

The capacity segment below 500cc among the top five models.

24,363 units of the G 310 R and G 310 GS models produced in India since 2017, have already been delivered to customers by the end of 2018. The two agile all-rounders are thus among the “Top Five” of the top-selling models in 2018 and are very popular all over the world.

Luxury tourers in the fast lane

Sales of the 6-cylinder models are also developing very positively. In its second year of sales, above all the K 1600 Bagger, which is tailored especially to the US market, is proof of the unbroken trend towards large-capacity, emotional touring bikes. Timo Resch, BMW Motorrad Head of Sales and Marketing: “With 8,306 units sold and a 25% increase in sales, our 6-cylinder models are among the big winners of 2018 again. The USA especially, is an important market for these models. We will continue to increase our involvement in the US in order to strengthen BMW Motorrad’s position there.” Resch continues: “We will respond to the special market requirements in the USA with a further highly emotional and very authentic BMW Motorrad product.”

Outlook at 2019.

BMW Motorrad presents the most powerful product portfolio of all time in 2019 and is in excellent shape all round. Timo Resch states: “We expect to see further growth in sales for our vehicles in 2019, too. We are looking forward to the positive impulses generated by our new products from the R 1250 boxer family, the much anticipated new S 1000 R as well as the F 850 GS Adventure which expands the mid-size BMW Motorrad model range.” Expanding our urban mobility product range with the market launch of the two scooters C 400 X and C 400 GT will also have contribute to success in 2019.

The BMW GroupWith its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world’s leading premium manufacturer of automobiles and motorcycles and also provides premium financial and mobility services. The BMW Group production network comprises 30 production and assembly facilities in 14 countries; the company has a global sales network in more than 140 countries. In 2018, the BMW Group sold over 2,490,000 passenger vehicles and more than 165,000 motorcycles worldwide. The profit before tax in the financial year 2017 was € 10.655 billion on revenues amounting to € 98.678 billion. As of 31 December 2017, the BMW Group had a workforce of 129,932 employees. The success of the BMW Group has always been based on long-term thinking and responsible action. The company has therefore established ecological and social sustainability throughout the value chain, comprehensive product responsibility and a clear commitment to conserving resources as an integral part of its strategy.
Regards

Akash
 
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