Munich. The BMW Group has secured a major order from
INEOS Automotive Ltd. for the delivery of petrol and diesel engines.
The contract is a further important step in the BMW Group’s strategy
to expand its business providing drivetrains to industrial customers.
The powerful and efficient BMW TwinPower Turbo engines are destined
for INEOS Automotive Ltd.’s new off-road vehicle project under a
contract that foresees the delivery of a high-range five-digit number
of engines. With this agreement, the BMW Group opens up additional
sales channels and taps new growth potential.
“Our company is famous for efficient high-performance engines that
are among the best in the world”, said Pieter Nota, Member of the BMW
AG Board of Management responsible for Sales and Brand BMW and
Aftersales BMW Group. “We offer a broad range of premium, tailor-made
drivetrain technologies and services for carmakers and other customers
and believe this is a business area with real growth potential.”
BMW Group engines with the latest fuel-saving technology have been
crowned “International Engine of the Year” in their class many times
in recent years.
The BMW Group operates a global sales and licensing business for its
combustion engines, electric batteries and vehicle platforms as part
of its dealings with clients inside and outside the car industry.
Both the development and production of engines belong to the core
competencies of BMW Group and have characterized the German company
since it was founded in 1916.
INEOS Automotive Ltd. was founded in 2016 by INEOS Group, a global
manufacturer of chemical, oil and gas products.
If you have any queries, please contact:
Corporate Communications
Andreas Cremer, Corporate Communications
andreas.cremer@bmwgroup.com,
Telephone +49 89 382-12816
Mathias Schmidt, Head of Corporate and Culture Communications
mathias.m.schmidt@bmwgroup.com,
Telephone: +49 89 382-24544
Media website: www.press.bmwgroup.com
Email: presse@bmwgroup.com
The BMW Group
With 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 2018 was € 9.815 billion on revenues amounting to
€ 97.480 billion. As of 31 December 2018, the BMW Group had a
workforce of 134,682 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.
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