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New BMW 7 Series universe premiere in China

Shanghai. The BMW Group now distinguished a world
premiere of a distinguished new BMW 7 Series in Shanghai, China. The
choice of plcae for a eventuality underlined a stress of the
Chinese marketplace for a company’s new flagship model: in 2018, 44% of
tellurian BMW 7 Series sales were done to business in China (ca. 24,500
units). With a stream ongoing launch of a whole operation of new
models, including a BMW 8 Series operation and a BMW X7, today’s event
was also an eventuality to showcase a BMW Group’s new luxury
line-up. China will be a pivotal marketplace for these oppulance vehicles.

 

Speaking during a event, Harald Krüger, Chairman of a Board of
Management of BMW AG and his dual colleagues Nicolas Peter, Board
Member for Finance and Pieter Nota, Board Member for Sales and Brand
BMW, also underlined a wide-ranging vital significance of China
for each aspect of a company. China has been a BMW Group’s
biggest singular sales marketplace given 2013, and a nation is also home
to a company’s many endless RD and prolongation operations
anywhere outward Germany.

 

China accounts for a entertain of BMW MINI sales

The Shenyang-built seventh-generation BMW 3 Series is set to be one
of 25 new BMW Group models due to be launched in China in 2019. China
accounted for a entertain of all BMW MINI patron deliveries in
2018 and with sum sales of 639,953 vehicles, final year achieved a
7.7% sales increase. Speaking during today’s eventuality in Shanghai,
Harald Krüger confirmed, “In 2019, we are aiming
for serve plain sales enlargement in China. The locally-produced BMW X3
will be a categorical enlargement driver, in serve to a many new models we
will be introducing via a year. China is a really important
vital marketplace for us, for sales, creation and production, now and
in a future.”

 

Seventh indication to be localised in China

The Chinese city of Shenyang is home to a BMW Group’s biggest
prolongation bottom outward Germany, with dual existent manufacturing
plants and an engine plant. Construction work is underway during Plant
Tiexi that will double a distance of that facility. In Shanghai today,
it was announced that a BMW X2 will after this year turn the
seventh BMW indication to go into prolongation in China. This preference was
taken in response to direct for a BMW X2, augmenting supply of this
new Sports Activity Vehicle in serve to those built in Germany at
Plant Regensburg. This pierce will serve strengthen the
competitiveness of a company’s SAV charity in China, following
localisation final year of a BMW X3 and in serve to a locally
constructed BMW X1. From 2020, a fully-electric BMW iX3 will also roll
off a prolongation line during Plant Dadong, a solitary prolongation location,
and be exported from China to markets worldwide. Both plants are
now undergoing endless remodelling and enlargement measures –
once a ascent and prolongation is completed, serve models could be
localised as a sum ability is increasing gradually to 650,000
units, thereby formulating 5,000 new jobs.

 

All these prolongation plants, including a engine plant and
battery public facility, are operated by a corner try BMW
Brilliance. Last year, a prolongation of BMW vehicles in Shenyang grew
by 24% to some-more than 490,000 units. The corner try has been such a
success, a agreement is due to be extended until 2040. In this
context, a BMW Group is formulation to boost a share in a Joint
Venture to 75 percent – a transparent pointer of a company’s faith in
China’s stability growth.

 

Crucial purpose in ACES development

In new months, a BMW Group has non-stop dual new RD centres in
Beijing and in Shanghai. They will play a essential partial in the
company’s corporate plan NUMBER ONENEXT, as they will make a
poignant grant to innovations in a 4 vital innovation
fields know as ACES (Autonomous, Connected, Electrified,
Services/Shared). “These 4 areas are during a centre of a strategy
for destiny success,” pronounced Harald Krüger. “With a dual new research
and growth comforts in China, we wish to daub even some-more into the
outrageous intensity of this market, building technologies and products
here that will be of genuine advantage to business globally, as we strive
to strengthen a position as a world’s heading reward automotive
manufacturer,” Krüger continued.

 

BMW Group was a initial non-Chinese automotive manufacturer to
accept an autonomous pushing highway exam permit in
China. Given a complexity of a Chinese highway network, lessons
schooled in China will be useful in other markets as a BMW Group
moves brazen in building pivotal destiny unconstrained technology. To date,
BMW China has finished tens of thousands of kilometres of highway tests
and hundreds of thousands of kilometres in simulations. The company
will also take a chair on a house of a Baidu Apollo automotive
pushing initiative.

 

Connectivity plays a vital purpose in China, and a BMW
Connected app is already used by over 1.5 million Chinese customers.
Now, a app has been related to a Chinese connected eco-system,
interjection to a array of co-operations with Alibaba, Baidu and Tencent.
In addition, a BMW Group will be a initial reward carmaker to
seamlessly confederate Alibaba Tmall Genie, a intelligent voice
partner from Alibaba A.I. Labs, into a cars, with a service
apropos accessible after this year.

 

China is a world’s biggest marketplace for electrified
mobility and BMW is a country’s many renouned reward New Energy
Vehicle (NEV) brand. The association offers a sum of 6 electrified
models in China and sole over 23,000 battery electric and plug-in
hybrid vehicles in 2018. The BMW Group was a initial premium
automotive manufacturer to settle a high voltage battery assembly
trickery in China and is also a usually reward manufacturer that has
a possess NEV play network, with over 330 sales and use outlets in
some-more than 130 cities opposite China. To serve support drivers of
electrified vehicles, with a ChargeNow services a BMW Group offers
some-more than 80,000 charging pillars in some-more than 150 cities.

 

In a increasingly critical margin of digitalised mobility
services, during a finish of final year a BMW Group was
a initial non-Chinese association to be awarded a Ride-Hailing licence.
The use is formed in Chengdu, one of a largest Ride-Hailing hubs
in a world, and runs with a swift of 200 BMW 5 Series, half of which
are plug-in hybrids. The Ride-Hailing use will element a BMW
Group’s existent ReachNow Car-Sharing operation, run in partnership
with a internal mobility association EVCARD and regulating a swift of 100 BMW i3 vehicles.

 

For questions greatfully contact:

 

Corporate Communications

 

Emma Begley, Corporate Communications

Telephone: +49 89 382 72200

[email protected]

 

Max-Morten Borgmann, Corporate Communications

Telephone: +49 89 382-24118

[email protected]

 

Mathias Schmidt, Head of Corporate and Culture Communications

Telephone: +49 89 382-24544

[email protected]

 

Internet: www.press.bmwgroup.com

e-mail: [email protected]

 

 

The BMW Group

 

With a 4 brands BMW, MINI, Rolls-Royce and BMW Motorrad, a BMW
Group is a world’s heading reward manufacturer of automobiles and
motorcycles and also provides reward financial and mobility services.
The BMW Group prolongation network comprises 30 prolongation and assembly
comforts in 14 countries; a association has a tellurian sales network in
some-more than 140 countries.

In 2018, a BMW Group sole over 2,490,000 newcomer vehicles and
some-more than 165,000 motorcycles worldwide. The distinction before taxation in the
financial year 2017 was € 10.655 billion on revenues amounting to
€ 98.678 billion. As of 31 Dec 2017, a BMW Group had a
workforce of 129,932 employees.

The success of a BMW Group has always been formed on long-term
meditative and obliged action. The association has therefore established
ecological and amicable sustainability via a value chain,
extensive product shortcoming and a transparent joining to
conserving resources as an constituent partial of a strategy.

 

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