BMW Group reports EBIT down 22.5% in Q1 2025 On May 7, BMW Group announced that in Q1 2025, group revenues decreased 7.8% YoY to EUR 33.8 billion, EBIT was down 22.5% YoY to EUR 3.1 billion, and net profit decreased 26.4% YoY to EUR 2.2 billion. The automotive EBIT totaled EUR 2 billion for Q1, down 25.3% YoY with a 6.9% margin at the upper end of the 5–7% target range. Without the impact of BBA-related depreciation and amortisation, the margin...

News  Updated at: 2025/05/07

BMW to launch all-new X3 with extended wheelbase in China On February 14, BMW announced the launch of all new BMW X3 Sports Activity Vehicle in China. The vehicle is scheduled to go on sale later in February 2025. The new models will be built at Lydia plant, a facility operated by BMW and its joint venture, BMW Brilliance Automotive (BBA). The new X3 with an extended wheelbase is 126 mm longer and 25 mm wider than its predecessor. It is 4,865 mm...

News  Updated at: 2025/02/14

ctivity Vehicle (SAV) exclusively for the Chinese market, an extended-wheelbase version of the fourth generation BMW X3, providing more legroom and a comfortable rear-seat experience. BMW X3 30L xDrive is produced at the Lydia plant in Shenyang, the latest facility of the BMW Brilliance Automotive (BBA) joint venture. The vehicle features an exterior length of 4,865 mm, a width of 1,920 mm, and an increased wheelbase of 2,975 mm, i.e. 110 mm long...

News  Updated at: 2024/08/06

3 Series and sixth generation of BMW M3 models. The vehicles will launch worldwide, with production starting in July 2024 at BMW Plant Munich and in San Luis Potosí plant, Mexico for the Sedan. The Chinese market's Sedan will be produced at the Tiexi plant in Shenyang by BMW Brilliance Automotive (BBA). The 3 Series models offer four gasoline and four diesel engines, with six-cylinder options for M Performance variants, plug-in hybrids, and BMW ...

News  Updated at: 2024/05/29

mini press conference to unveil the latest sales progress on the SU7 sedan and main plans for 2024. As of April 24, the number of locked orders for the SU7 has reached 75,723. 5,781 units have been successfully delivered in only 28 days since its launch. Among customers with a locked order, women, BBA (Mercedes-Benz, BMW, and Audi) users, and Apple users make up 28%, 29%, and 51.9%, respectively. A Xiaomi EV preliminary survey estimates the prop...

News  Updated at: 2024/04/29

BMW Group reports revenues up 9.0%, EBIT up 32.0% in 2023 The BMW Group announced 2023 financial results. Group revenues increased 9.0% y/y to EUR 155.5 billion, EBIT was up 32.0% to EUR 18.5 million and annual net profit decreased 34.5% to EUR 12.2 billion. In addition to full consolidation of BMW Brilliance Automotive Ltd. (BBA), revenues were primarily driven by higher sales volumes and positive product mix effects. Decrease of net profit refl...

News  Updated at: 2024/03/19

BMW to produce NEUE KLASSE in China from 2026 in BBA’s Shenyang plant On May 18, the BMW Group announced local production of the NEUE KLASSE in China. Following the market launch in 2025, models of the NEUE KLASSE will also be produced from 2026 onwards by BMW Brilliance Automotive Ltd. (BBA) in Shenyang. The high-voltage batteries required for this will be manufactured locally.  The virtual ground-breaking for a new assembly site for high-vol...

News  Updated at: 2023/05/18

BMW Group sales increased by 18.3% in Q1, 2023 On May 4, the BMW Group announced 2023 Q1 financial results. Sales revenue increased by 18.3% to EUR 36.85 billion and the profit before financial result (EBIT) was up 58.5% to EUR 5.4 billion. The Group’s net profit decreased 64.0% to EUR 3.7 billion.Group revenues and EBIT increased significantly after BMW Brilliance Automotive Ltd. (BBA) full consolidation in 2022. In the first quarter of 2023, ...

News  Updated at: 2023/05/05

billion, EBIT was up 4.5% to EUR 14.0 million and annual net profit increased 49.1% to EUR 18.6 billion. This positive development can be attributed to improved pricing and positive product-mix effects, as well as the full consolidation of the Chinese joint venture, BMW Brilliance Automotive Ltd. (BBA).The BMW Group sold 2,399,632 units worldwide in 2022, down 4.8%, of these the BMW brand sold 2,100,689 units, a decrease of 5.1%.BEVs and PHEVs a...

News  Updated at: 2023/03/10

BMW opens Lydia plant in Shenyang, China On June 23, the BMW Group announced the opening of the Lydia plant in Shenyang, China. This significant expansion of the BMW Brilliance Automotive (BBA) network of plants is a current example of the BMW iFACTORY strategy and sets new standards in future-oriented vehicle construction in the context of intelligent and electric automobiles.  With a total investment of RMB 15 billion, the Lydia plant is the...

News  Updated at: 2022/06/23

ems (ADAS). Rohde & Schwarz is showing a C-V2X test solution that can be used to precisely and repeatably test traffic scenarios with multiple simulated vehicles. The system consists of an R&S CMW500 wideband radio communication tester, an R&S SMBV100B vector signal generator (lab only), and an R&S BBA150 amplifier. Another highlight is the new radar test system, with which complex traffic scenarios can be generated completely electronically via ...

News  Updated at: 2022/06/13

BMW creates closed recycling loop for high-voltage batteries in China On May 25, The BMW Group announced that for the first time in China, the BMW Brilliance Automotive joint venture (BBA) has established a closed loop for the reuse of the raw materials nickel, lithium, and cobalt from high-voltage batteries that are no longer suitable for use in electric vehicles. The batteries come from fully and partially electric development vehicles, test sy...

News  Updated at: 2022/05/25

BMW completes expansion of BBA Plant Dadong, China On April 14, the BMW Group announced that the new extension to Plant Dadong is ready to open. Owned by the joint venture BMW Brilliance Automotive Ltd (BBA), the plant will simultaneously launch production of the BMW X5 with extended wheelbase in its new extension, exclusively for the Chinese market. In its upgraded form, Plant Dadong now has a footprint of 910,000 square meters. It accommodates ...

News  Updated at: 2022/04/15

BMW acquires 75% stake in BMW Brilliance Automotive Ltd., plans production expansion On February 11, BMW Group announced that it has acquired a majority stake in its Chinese joint venture BMW Brilliance Automotive Ltd. (BBA). BBA has received relevant business licence from the Chinese authorities, effective February 11, 2022.It has also extended the joint venture contract for BBA joint venture until 2040.BMW AG thus indirectly holds 75% of the sh...

News  Updated at: 2022/02/14

s to be verified in the laboratory. Jointly with Audi, the laboratory solution was extended for use at the proving ground. The system comprises an R&S CMW500 wideband radio communication tester, an R&S SMBV100B vector signal generator (laboratory only), the Vector CANoe Car2x software, an R&S BBA150 amplifier and an R&S HF918 antenna with a tripod and adapter. This system is easily capable of generating signals with up to 33dBm output po...

News  Updated at: 2021/12/02

BMW doubles production capacity for high-voltage batteries in China On September 14, BMW announced that in China, the BMW Brilliance Automotive (BBA) joint venture has expanded its battery factory at the Tiexi location, the so-called “High-Voltage Battery Center”, with a further battery center that will immediately begin producing the new and more powerful batteries of the fifth-generation BMW eDrive technology used in the fully-electric BMW ...

News  Updated at: 2020/09/14

fth-generation electric drive trains from CATL (order volume: EUR 7.3 billion, contract period: 2020 to 2031) and Samsung SDI (order volume: EUR 2.9 billion, contract period: 2021 to 2031). The BMW Group produces batteries in-house at its plants in Dingolfing (Germany), Spartanburg (USA) and at the BBA plant in Shenyang (China). The BMW Group has also localized battery production in Thailand, where it works with the Draexlmaier Group. (BMW press ...

News  Updated at: 2020/07/09

BMW proceeding according to plan for BMW iX3 start of production On June 9, BMW announced that it is systematically pursuing its electrification strategy and will release the new BMW iX3 onto the market by the end of 2020. Standard production of the BMW core brand’s first pure electric model will get underway at the BMW Brilliance Automotive joint venture (BBA) in China in late summer as planned: BBA Plant Dadong will produce the first Sports ...

News  Updated at: 2020/06/09

BMW Brilliance begins construction of expansion project for 2nd-phase BBA R&D Center On April 21, BMW Brilliance Automotive Limited (BMW Brilliance) officially began the construction of an expansion project for the second phase of BMW Brilliance Automotive R&D Center (BBA R&D Center). BBA R&D Center is located in the Tiexi District of Shenyang and started operations in 2013. BMW Brilliance plans to expand the laboratory center and testing worksho...

News  Updated at: 2020/04/27

ed) and Samsung SDI.The original CATL order volume of EUR 4 billion announced in mid-2018 will now be increased to EUR 7.3 billion (contract duration from 2020 to 2031), with EUR 4.5 billion for the BMW Group and EUR 2.8 billion for the Chinese production site of the BMW Brilliance Automotive Ltd. (BBA) joint venture in Shenyang. The BMW Group is the first customer of the CATL battery cell plant currently under construction in Erfurt, Germany.The...

News  Updated at: 2019/11/21