Q4 2023 Bayerische Motoren Werke AG Earnings Press Conference Transcript
(presentation)
Ladies and gentlemen, in 1999, 25 years ago, BMW presented the first X5, the founder of the sporty SAV segment. And since then, the X family has been a pillar of the BMW brand. around 12 million X vehicles have already been sold because today, the X family covers all customer wishes in this segment, from X1 to luxury class with the X7 and XM.
And now the BMW Vision Neue Klasse X looks ahead to the future of BMW and a totally new generation of BMW X models. This future doesn't start on some far-off date. It begins next year when we turn vision into reality that our customers can experience for themselves. With the BMW Vision Neue Klasse X, we are opening up a whole new dimension for the Neue Klasse.
So why are we focusing on an X model? Because we aren't just ramping up e-mobility in niche models but in our most successful highest-volume segments. From 2025 on, we expect demand for all electric vehicles to increase significantly. This is precisely when we
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
