May 20, 2024

BMW Group 2024: A Mid-Year Retrospective

Key Product Launches, Leadership Changes, and Significant Developments

January 2024

MINI John Cooper Works Debut at Nürburgring

  • Event: 24 Hours of Nürburgring
  • Highlights: The new MINI John Cooper Works PRO made a significant impact at the 24 Hours of Nürburgring, showcasing its exceptional performance and reliability. This race marked an important milestone for MINI enthusiasts and the racing community​ (BMW Group PressClub)​.

March 2024

Leadership Change at MINI

  • Event: Corporate Announcement
  • Highlights: Andreas Lampka was appointed as the new head of MINI Communications, signaling a strategic shift in the brand's communication approach. This change aims to strengthen MINI's market presence and enhance brand visibility​ (BMW Group PressClub)​.

April 2024

Production Milestone in Shenyang

  • Event: Production Achievement
  • Highlights: BMW Brilliance Automotive (BBA) in Shenyang celebrated the production of its 6 millionth vehicle. This milestone underscores BMW's commitment to expanding its production capabilities and preparing for the launch of the Neue Klasse in 2025​ (BMW Group PressClub)​.

May 2024

Partnership with Cannes Film Festival

  • Event: Cannes Film Festival
  • Highlights: BMW continued its partnership with the Cannes Film Festival, presenting a special one-off creation. This collaboration highlights BMW's innovative design and luxury, reinforcing its brand prestige in the global market​ (BMW Group PressClub)​.

Financial Results and Developments

  • Event: Q1 Financial Report
  • Highlights: BMW reported strong financial results for the first quarter of 2024, with significant increases in revenue and profit. This growth is attributed to successful product launches and strategic market expansions​ (BMW Group PressClub)​​ (BMW Group PressClub)​.

Petr Thiel
Petr Thiel

CEO, STH Consulting

Share this article

All posts