BMW, profit accelerates to 18.6 billion, a leap of 49% in 2022 – Corriere.it

Oliver Zipse, the great boss of the BMW Group, did not reveal any triumphalism when declaring the impressive profit achieved in 2022: 18.6 billion euros, a growth of more than 49% compared to last year, with a turnover of 142, 61 billion (plus 28.2%). Results obtained despite the global sales of BMW (2,100,689), Mini (292,922) and Rolls-Royce (6,021) falling by 4.8%, stopping at 2,399,632 units. The reasons must always be sought in the difficulty of incorporating the necessary components and the interruptions due to Covid in China.

A strong push towards electric is also starting for BMW, already in September the concept of the future BMW i will be seen at the Munich Motor Show, the series production of which will start in the Hungarian plant in Debrecen, in the second half of 2027, built on the platform Neue Klasse. Other establishments will be involved in the assembly of six new models that will adopt this architecture, including SUVs and sedans, certainly those that will replace the 3 and 5 series, also in the Touring version. The goal remains to sell 50% of BEV vehicles by 2030. The evolution of hydrogen cars is also being carried forward within the group; as Zipse said «hydrogen is a versatile energy source that plays a key role in the energy transition process and therefore in climate protection».

The hydrogen fuel cell system implemented by the Bavarian group is a further chapter in the technologies related to electric propulsion. Mini acts as an explorer in this mutation, it has long been announced that, by 2030, the brand will have only electrical products. The Mini Electric respects the three pillars of its identity: driving pleasure, almost a “go kart feeling”; belonging to a digital community and low environmental footprint. Also important is the joint venture (BMW holds 75% of the shares) which started in early 2022 with Brilliance Automotive, based in China, which remains by far a fundamental market for the manufacturer. Last February, the five millionth car came off the Shenyang line, a fully electric BMW i3 eDrive40L; In 2022, BMW sold over 42,000 zero-emission vehicles in China, an increase of 92%.