Business Summary: Bayerische Motoren Werke AG is a Germany-based automobile and motorcycle manufacturer. The Company divides its activities into four segments: Automotive, Motorcycles, Financial Services and Other Entities. The Automotive segment develops, manufactures, assembles and sells cars and off-road vehicles under the brands BMW, MINI and Rolls-Royce, as well as spare parts and accessories. The Motorcycles segment develops, manufactures, assembles and sells motorcycles, as well as spare parts and accessories. The Financial Services segment focuses on car leasing, multi-brand financing, fleet business, retail customer and dealer financing, customer deposit business and insurance activities. The Other Entities segment comprises other operating companies, such as BMW (UK) Investments Ltd, Bavaria Lloyd Reisebuero GmbH.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Bayerische Motoren Werke AG revenues decreased 8% to EUR142.38B. Net income decreased 35% to EUR7.29B. Revenues reflect Automobiles segment decrease of 12% to EUR103.52B, China segment decrease of 22% to EUR31.79B, USA segment decrease of 15% to EUR27.05B, Other Asia segment decrease of 6% to EUR14.77B. Net income also reflects Automobiles segment income decrease of 39% to EUR7.89B.